Director buys 50,000 TCW Strategic Income Fund (TSI) shares in open market
Rhea-AI Filing Summary
TCW Strategic Income Fund Inc. director Peter McMillan purchased additional shares of the company’s common stock. He bought 50,000 shares in an open-market transaction at a price of $4.64 per share. Following this purchase, his directly held position increased to 300,000 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 50,000 shares
Net Buy
1 txn
Insider
McMillan Peter
Role
Director
Bought
50,000 shs ($232K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 50,000 | $4.64 | $232K |
Holdings After Transaction:
Common Stock — 300,000 shares (Direct)
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did TSI director Peter McMillan report on this Form 4?
Director Peter McMillan reported an open-market purchase of 50,000 shares of TCW Strategic Income Fund Inc. common stock. The transaction reflects a direct increase in his holdings and is classified as a routine insider buy under SEC reporting rules.
Was the TCW Strategic Income Fund (TSI) Form 4 transaction a purchase or a sale?
The Form 4 filing shows a purchase transaction. Peter McMillan executed an open-market buy of 50,000 TCW Strategic Income Fund common shares, classified under transaction code “P” for a purchase in the SEC’s non-derivative reporting framework.