Hemmer trust buys 5,000 SRH Total Return shares
SRH Total Return Fund, Inc. director-related entity increased its position through an open-market purchase.
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Form Type
4
Rhea-AI Filing Summary
SRH Total Return Fund, Inc. director-related entity increased its position through an open-market purchase. An irrevocable trust for the benefit of Jacob E. Hemmer bought 5,000 shares of common stock at $17.53 per share on May 21, 2026. Following this transaction, the trust now holds 10,000 shares of the fund’s common stock indirectly attributed to Hemmer as sole beneficiary.
Insider Trade Summary
Net Buyer: 5,000 shares
Net Buy
1 txn
Insider
Hemmer Jacob E
Role
Director
Bought
5,000 shs ($88K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | COMMON STOCK | 5,000 | $17.53 | $88K |
Holdings After Transaction:
COMMON STOCK — 10,000 shares (Indirect, Jacob E. Hemmer is a beneficiary of the trust, not the trustee of the trust.)
Footnotes (1)
- F1. Shares are held in an irrevocable trust, Jacob E. Hemmer is the sole beneficiary of the trust but not a trustee of the trust.
Key Figures
Shares purchased: 5,000 shares
Purchase price: $17.53 per share
Indirect holdings after trade: 10,000 shares
+1 more
4 metrics
Shares purchased
5,000 shares
Open-market buy on May 21, 2026
Purchase price
$17.53 per share
Common stock transaction price
Indirect holdings after trade
10,000 shares
Trust holdings following transaction
Net buy shares
5,000 shares
Net buy direction in transaction summary
Key Terms
open-market purchase, indirect ownership, irrevocable trust, Form 4
4 terms
open-market purchase financial
"transaction_action: open-market purchase"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
indirect ownership financial
"ownership_type: indirect and direct_or_indirect: I"
irrevocable trust financial
"Shares are held in an irrevocable trust"
An irrevocable trust is a legal arrangement where an owner transfers assets into a separate entity managed by a trustee and gives up the power to modify or reclaim those assets. For investors it matters because putting stock or other holdings into such a trust can change who controls and benefits from the assets, affect taxes and creditor protection, and influence how easy it is to sell or value those holdings—like placing valuables in a locked safe overseen by someone else.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did SRH Total Return Fund (STEW) disclose for Jacob E. Hemmer?
SRH Total Return Fund reported an open-market purchase linked to director Jacob E. Hemmer. An irrevocable trust for his benefit acquired 5,000 common shares, increasing its indirect holdings to 10,000 shares after the transaction at a purchase price of $17.53 per share.
What are Jacob E. Hemmer’s indirect holdings in SRH Total Return Fund (STEW) after the trade?
After the reported transaction, the irrevocable trust for Jacob E. Hemmer’s benefit holds 10,000 SRH Total Return Fund common shares. These shares are reported as indirect ownership on the Form 4 because Hemmer is the trust’s beneficiary but not a trustee controlling the account.
Was the SRH Total Return Fund (STEW) insider trade an open-market purchase or another type?
The transaction was an open-market purchase of common stock. The Form 4 lists transaction code “P” and describes the action as an open-market or private purchase, indicating shares were acquired rather than sold, with no derivative exercises or tax withholdings involved.
How is Jacob E. Hemmer’s ownership in SRH Total Return Fund (STEW) characterized on the Form 4?
Hemmer’s position is reported as indirect ownership through an irrevocable trust. The filing notes he is the sole beneficiary but not a trustee, so the trust formally holds the 10,000 common shares while the economic benefit of the position is attributed to him as beneficiary.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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