Cohen & Steers UTF insider purchase via $23.56 rights offer
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Morton Benjamin
Role
Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 139 | $23.56 | $3K |
Holdings After Transaction:
Common Stock — 835.936 shares (Direct)
Footnotes (1)
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FAQ
What did UTF disclose in this Form 4?
An officer purchased 139 common shares on 10/16/2025 at $23.56 via a Rights Offering.
What were the terms of UTF’s Rights Offering?
Shareholders received 1 right per share as of September 22, 2025, exercisable to buy 1 new share for every 5 rights at $23.56.
When did the UTF Rights Offering expire?
The rights expired at the close of business on October 16, 2025.
Who made the purchase reported on the Form 4?
A UTF Vice President and Portfolio Manager made the purchase, filing as a single reporting person.
Was there an oversubscription option in the UTF Rights Offering?
Yes. Eligible shareholders who fully exercised their rights could request additional shares at $23.56, subject to availability.