Director buys 2,155 Total Return Securities shares
Total Return Securities Fund director Moritz A. Sell reported open-market purchases of the fund’s common stock.
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Form Type
4
Rhea-AI Filing Summary
Total Return Securities Fund director Moritz A. Sell reported open-market purchases of the fund’s common stock. He bought a total of 2,155 shares at prices around $5.95–$5.96 per share over two days, increasing his direct holdings to 14,155 shares, including shares acquired through the fund’s dividend reinvestment plan.
Insider Trade Summary
Net Buyer: 2,155 shares
Net Buy
2 txns
Insider
SELL MORITZ A
Role
Director
Bought
2,155 shs ($13K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 2,000 | $5.96 | $12K |
| Purchase | Common Stock | 155 | $5.95 | $922.25 |
Holdings After Transaction:
Common Stock — 14,155 shares (Direct)
Footnotes (1)
- F1. Amount includes shares acquired through the Issuer's dividend reinvestment plan.
Key Figures
Shares purchased June 16, 2026: 2,000 shares at $5.96
Shares purchased June 15, 2026: 155 shares at $5.95
Total shares bought: 2,155 shares
+2 more
5 metrics
Shares purchased June 16, 2026
2,000 shares at $5.96
Open-market purchase of common stock
Shares purchased June 15, 2026
155 shares at $5.95
Open-market purchase of common stock
Total shares bought
2,155 shares
Net open-market purchases in this Form 4
Direct holdings after transactions
14,155 shares
Common stock held directly by Moritz A. Sell
Net buy direction
2,155 shares net-buy
Transaction summary for this filing
Key Terms
open-market purchase, non-derivative, dividend reinvestment plan, Common Stock
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.
non-derivative financial
"transaction_type: non-derivative"
dividend reinvestment plan financial
"shares acquired through the Issuer's dividend reinvestment plan"
A dividend reinvestment plan lets shareholders automatically use cash dividends to buy more shares of the same company instead of receiving the money. It matters to investors because it turns regular payouts into a steady way to grow ownership and take advantage of compound returns—like having your savings automatically buy additional slices of a pie over time—while often reducing transaction costs and smoothing purchase timing.
Common Stock financial
"security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did director Moritz A. Sell report for SWZ?
Director Moritz A. Sell reported buying 2,155 shares of Total Return Securities Fund common stock in open-market transactions. These purchases were made over two days and increased his direct ownership stake in the fund to 14,155 shares.
Were the recent SWZ insider transactions buys or sells?
All reported insider transactions by Moritz A. Sell in this Form 4 were open-market purchases of SWZ common stock. The filing shows two separate buy transactions totaling 2,155 shares, with no sales or other dispositions reported.
Does the SWZ Form 4 mention a dividend reinvestment plan?
Yes. A footnote to the Form 4 states that the reported amount includes shares acquired through the issuer’s dividend reinvestment plan. This means part of Moritz A. Sell’s 14,155-share direct holding reflects automatically reinvested dividends.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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