UTF director buys 257 shares at $23.56 in rights offering
Cohen & Steers Infrastructure Fund, Inc. (UTF) reported an insider transaction by a director.
Rhea-AI Filing Summary
Cohen & Steers Infrastructure Fund, Inc. (UTF) reported an insider transaction by a director. On October 16, 2025, the director acquired 257 common shares at a $23.56 subscription price through the fund’s rights offering.
Following the transaction, the director beneficially owned 1,483.878 shares, held directly. The rights offering granted shareholders of record on September 22, 2025 one right per whole share, with every five rights permitting the purchase of one new common share at $23.56. An oversubscription privilege was available, and the rights expired at the close of business on October 16, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 257 | $23.56 | $6K |
Footnotes (1)
- F1. Purchased pursuant to a pro rata offering (the "Rights Offering") of transferable rights (the "Rights") to purchase common shares of Cohen & Steers Infrastructure Fund, Inc. (the "Fund"). The Fund's shareholders as of the September 22, 2025 record date (the "Record Date") each received one Right for each whole common share held on the Record Date. The Rights entitled their holders to purchase one new common share for every five Rights held. The subscription price per common share was $23.56 (the "Subscription Price") and was fixed as of the close of the subscription period on October 16, 2025 (the "Expiration Date"). The Rights Offering also included an oversubscription privilege which entitled shareholders as of the Record Date who fully exercised their Rights to purchase additional common shares of the Fund at the Subscription Price, subject to availability. The Rights expired at close of business on the Expiration Date.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did UTF disclose in this Form 4?
What is the director’s total UTF ownership after the transaction?
How did the UTF rights offering work?
When did the UTF rights offering end?
Did the UTF rights offering include an oversubscription privilege?
What security type was involved in the Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.