Liberty All-Star Equity Fund president buys 1,600 shares

Liberty All-Star Equity Fund reported an insider share purchase by its President.

Rhea-AI Filing Summary

Liberty All-Star Equity Fund reported an insider share purchase by its President. On 12/30/2025, the officer acquired 1,600 shares of beneficial interest in a single open-market transaction at a price of $6.30 per share, as shown in Table I. Following this transaction, the reporting person directly beneficially owns 159,070.821 shares.

Insider Trade Summary

Net Buyer: 1,600 shares

Net Buy 1 txn

Insider HALEY MARK T

Role President

Bought 1,600 shs ($10K)

Type	Security	Shares	Price	Value
Purchase	Shares of Beneficial Interest	1,600	$6.30	$10K

Holdings After Transaction: Shares of Beneficial Interest — 159,070.821 shares (Direct)

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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

The fund reported that its President purchased 1,600 shares of beneficial interest in Liberty All-Star Equity Fund on 12/30/2025.

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

The 1,600 shares were acquired at a price of $6.30 per share.

How many Liberty All-Star Equity Fund (USA) shares does the insider now own?

After the reported transaction, the President directly beneficially owns 159,070.821 shares of Liberty All-Star Equity Fund.

What is the insider’s role at Liberty All-Star Equity Fund (USA)?

The reporting person is an officer of Liberty All-Star Equity Fund, serving as its President.

Was this Liberty All-Star Equity Fund (USA) Form 4 filed for one person or multiple insiders?

The Form 4 was filed by one reporting person, not by a group of insiders.

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

Table II for derivative securities is included in the form layout, but no derivative security transactions are reported in the provided content.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 12/30/2025 - 01:04 PM Learn about SEC filing dates

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

HALEY MARK T

(Last) (First) (Middle)

C/O LIBERTY ALL-STAR FUNDS

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)
	President

3. Date of Earliest Transaction (Month/Day/Year)
12/30/2025

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	12/30/2025		P		1,600	A	$6.3	159,070.821	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/ Mark T. Haley	12/30/2025
	** 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.