Form 4: UTF director participates in rights offering, 324 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cohen & Steers Infrastructure Fund (UTF) director reported a Form 4 purchase. On October 16, 2025, the reporting person acquired 324 common shares at $23.56 per share through the fund’s rights offering. Following the transaction, the director directly beneficially owned 1,861.498 shares.
The rights offering granted one right per whole share held as of September 22, 2025, allowing holders to purchase one new share for every five rights. The subscription price was fixed at $23.56 at the close of the subscription period on October 16, 2025, and included an oversubscription privilege subject to availability.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Maginnis Gerald J.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 324 | $23.56 | $8K |
Holdings After Transaction:
Common Stock — 1,861.498 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What did UTF disclose in this Form 4 filing?
A director acquired 324 common shares at $23.56 per share on October 16, 2025 via a rights offering.
What were the terms of the UTF rights offering?
Shareholders as of September 22, 2025 received one right per whole share and could purchase one new share for every five rights at $23.56.
When did the UTF rights offering subscription period end?
The subscription period ended on October 16, 2025, when the $23.56 subscription price was fixed.
Did the UTF rights offering include an oversubscription privilege?
Yes. Eligible shareholders who fully exercised their rights could purchase additional shares at $23.56, subject to availability.
What is the relationship of the reporting person to UTF?
The reporting person is a Director of Cohen & Steers Infrastructure Fund, Inc. (UTF).