UTF director acquires 150 shares at $23.56 via rights offering
Cohen & Steers Infrastructure Fund Inc. (UTF) director reported an open-market acquisition tied to the Fund’s rights offering.
Rhea-AI Filing Summary
Cohen & Steers Infrastructure Fund Inc. (UTF) director reported an open-market acquisition tied to the Fund’s rights offering. On October 16, 2025, the insider acquired 150 common shares at a $23.56 subscription price. Following the transaction, the reporting person beneficially owned 999.8943 shares, held directly.
The purchase was made pursuant to the Fund’s pro rata rights offering, which allowed one new share for every five rights, with rights granted to shareholders of record on September 22, 2025, and expiring on October 16, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 150 | $23.56 | $4K |
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’s insider report on Form 4?
What were the key terms of UTF’s rights offering?
What was the rights offering subscription price and timing?
Did the UTF rights offering include oversubscription privileges?
What is the insider’s relationship to UTF?
AI-generated analysis. How Rhea-AI works. Not financial advice.