Treasurer of Liberty All-Star Equity Fund (USA) buys 350 shares at $6.01

Rhea-AI Filing Summary

Liberty All-Star Equity Fund officer Erich Rettinger, who serves as Treasurer, purchased additional shares of the fund. On February 6, 2026, he bought 350 Shares of Beneficial Interest in a direct transaction at a price of $6.01 per share.

Following this purchase, Rettinger directly holds 350 shares of the fund. This filing records a relatively small insider buy, indicating an increase in his personal investment stake in the fund.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Rettinger Erich

(Last) (First) (Middle)

1290 BROADWAY SUITE 1000

(Street)

DENVER CO 80203

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
LIBERTY ALL STAR EQUITY FUND [ USA ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Treasurer

3. Date of Earliest Transaction (Month/Day/Year)
02/06/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Shares of Beneficial Interest	02/06/2026		P		350	A	$6.01	350	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	/s/ Erich Rettinger	02/06/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Liberty All-Star Equity Fund (USA) report?

Liberty All-Star Equity Fund reported an insider purchase by its Treasurer. Erich Rettinger bought 350 Shares of Beneficial Interest at $6.01 per share, increasing his directly held position to 350 shares as of February 6, 2026.

Who is Erich Rettinger in relation to Liberty All-Star Equity Fund (USA)?

Erich Rettinger is an officer of Liberty All-Star Equity Fund, serving as Treasurer. As reported, he directly owns 350 Shares of Beneficial Interest after his February 6, 2026 purchase of 350 shares at $6.01 per share.

How many Liberty All-Star Equity Fund (USA) shares did the Treasurer buy?

The Treasurer, Erich Rettinger, purchased 350 Shares of Beneficial Interest. The transaction occurred on February 6, 2026 at a reported price of $6.01 per share, bringing his directly owned fund holdings to 350 shares in total.

At what price were the Liberty All-Star Equity Fund (USA) shares acquired?

The shares were acquired at $6.01 per share. On February 6, 2026, Treasurer Erich Rettinger bought 350 Shares of Beneficial Interest at this price, and his direct ownership position after the transaction was reported as 350 shares.

Is the Liberty All-Star Equity Fund (USA) insider transaction a direct or indirect holding?

The reported insider position is a direct holding. After purchasing 350 Shares of Beneficial Interest on February 6, 2026 at $6.01 per share, Treasurer Erich Rettinger is shown as directly owning all 350 shares.

Does the Form 4 show any derivative securities for Liberty All-Star Equity Fund (USA)?

The Form 4 shows no derivative securities transactions. Only a non-derivative purchase of 350 Shares of Beneficial Interest by Treasurer Erich Rettinger on February 6, 2026 at $6.01 per share is reported in the filing.