Cohen & Steers UTF insider purchase via $23.56 rights offer
Rhea-AI Filing Summary
Cohen & Steers Infrastructure Fund Inc. (UTF) disclosed an insider purchase under a Form 4. A Vice President and Portfolio Manager acquired 139 common shares on 10/16/2025 at a $23.56 subscription price through a shareholder Rights Offering. Following the transaction, the insider beneficially owned 835.936 shares, held directly.
The Rights Offering granted one right per share held as of the September 22, 2025 record date, allowing the purchase of one new share for every five rights. An oversubscription privilege permitted eligible shareholders to request additional shares at the same subscription price. The rights expired at the close of business on October 16, 2025.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 139 | $23.56 | $3K |
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.
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