Director at Tortoise Energy (NYSE: TYG) buys 4,107 common shares
Rhea-AI Filing Summary
Tortoise Energy Infrastructure Corp director Conrad S. Ciccotello reported open-market purchases of the company’s Common Shares. He bought a total of 4,107 shares at a price of $42.24 per share on June 25, 2026. Following one of these transactions, one direct holding stood at 16,225.26 Common Shares.
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Insights
Director Ciccotello made a modest open-market share purchase, slightly increasing his direct stake.
Director Conrad S. Ciccotello executed two open-market purchases of Tortoise Energy Infrastructure Corp Common Shares, totaling 4,107 shares at $42.24 per share. Open-market purchases generally indicate a voluntary decision to add exposure at prevailing prices.
Form 4 data show one direct account holding 16,225.26 Common Shares after the larger transaction. The scale of the purchases appears limited relative to typical institutional volumes, suggesting a routine personal investment decision rather than a thesis-changing move.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Shares | 4,056 | $42.24 | $171K |
| Purchase | Common Shares | 51 | $42.24 | $2K |
Footnotes (1)
Key Figures
Key Terms
open-market purchase financial
Form 4 regulatory
net-buy financial
FAQ
What insider transaction did TYG director Conrad S. Ciccotello report?
Director Conrad S. Ciccotello reported buying 4,107 TYG Common Shares in open-market transactions. The shares were purchased at a price of $42.24 per share, indicating a voluntary increase in his direct ownership stake in Tortoise Energy Infrastructure Corp.
Were the TYG insider transactions open-market purchases or another type?
The transactions were reported as open-market purchases of Common Shares, coded “P” on Form 4. This indicates the director chose to buy shares in the market rather than receiving them through grants, option exercises, or other non-market mechanisms.