Reaves Utility Income Fund (UTG) insider discloses 241.7-share position
Rhea-AI Filing Summary
Reaves Utility Income Fund insider John Joseph Sessions filed an initial statement of beneficial ownership. The filing shows he holds 241.7210 shares of Reaves Utility Income Fund directly as of June 25, 2026. This Form 3 does not report any new buy or sell transactions, only his existing position.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sessions John Joseph
Role
Insider
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Reaves Utility Income Fund | -- | -- | -- |
Holdings After Transaction:
Reaves Utility Income Fund — 241.721 shares (Direct)
Key Figures
Shares owned: 241.7210 shares
Filing type: Form 3
Holding entries: 1 entry
3 metrics
Shares owned
241.7210 shares
Directly owned following holdings entry as of June 25, 2026
Filing type
Form 3
Initial statement of beneficial ownership for REAVES UTILITY INCOME FUND
Holding entries
1 entry
Transaction summary shows one holding entry and no buys or sells
Key Terms
Reaves Utility Income Fund, beneficial ownership, Officer of Investment Advisor
3 terms
Reaves Utility Income Fund financial
"issuerName: "REAVES UTILITY INCOME FUND""
beneficial ownership regulatory
"Form 3 represents an initial statement of beneficial ownership"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Officer of Investment Advisor financial
"other: "Officer of Investment Advisor""
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does the John Joseph Sessions Form 3 filing for UTG show?
The Form 3 filing shows John Joseph Sessions’ existing beneficial ownership in Reaves Utility Income Fund. It reports that he directly holds 241.7210 shares as of June 25, 2026, without disclosing any recent purchase or sale activity.
Is there any buy or sell transaction reported for UTG in this Form 3?
No buy or sell transaction is reported in this Form 3. The filing classifies the entry as a holding, with unknown transaction code and direction, and simply states that Sessions owns 241.7210 shares following the reported date.
What is John Joseph Sessions’ role in relation to Reaves Utility Income Fund (UTG)?
The filing identifies John Joseph Sessions as an “Officer of Investment Advisor” to Reaves Utility Income Fund. He is not listed as a director, officer of the fund itself, or a ten percent owner in the issuer based on this disclosure.
Does the UTG Form 3 include any derivative securities for John Joseph Sessions?
The Form 3 does not list any derivative securities for John Joseph Sessions. The derivativeSummary section is empty, indicating no options, warrants, or other derivative positions are reported in connection with his UTG holdings.