BROMBACH THEODORE J (President & CEO) purchased 33.4% of their position (6.87K shares) of XAI OCTAGON FLOATING RATE & ALTERNATIVE INCOME TRUST on the open market
Open‑market purchase worth $49.0K — a major conviction buy. The strongest form of insider conviction signal.
P · 2 purchases
Filed: 5/10/2024ACC: 0001718218-24-000005
→
OfficerOther· President & CEO
Since Aug 2018
+6.87K
Net shares
Net buyer
$49.0K
Total acquired
2
Open market trades
2B · 0S
2
Total transactions
6.87K acquired
Non-Derivative Transactions2
Common Shares of Beneficial Ownership
Indirect
Shares
+3.42K
Price / share
$7.13
Trade value
$24.36K
% of position
16.6%
5/9/2024
20.53K→23.95K
Common Shares of Beneficial Ownership
Indirect
Shares
+3.45K
Price / share
$7.13
Trade value
$24.60K
% of position
14.4%
5/10/2024
23.95K→27.40K
Total
Net shares
+6.87K
Net value
$48.96K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Shares of Beneficial Ownership Indirect | 5/9/2024 | P · Purchase | +3.42K | $7.13 | $24.36K | 16.6% | 20.53K | 23.95K |
| Common Shares of Beneficial Ownership Indirect | 5/10/2024 | P · Purchase | +3.45K | $7.13 | $24.60K | 14.4% | 23.95K | 27.40K |
| Total | +6.87K | $48.96K | ||||||
Derivative Transactions0
No derivative transactions reported
Non-Derivative Holdings (Post-Transaction)2
Common Shares of Beneficial Ownership
IndirectShares owned10.25K
Common Shares of Beneficial Ownership
DirectShares owned484.65K
Total
484.65K direct·10.25K indirect494.90K
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| Common Shares of Beneficial Ownership | 10.25K | Indirect |
| Common Shares of Beneficial Ownership | 484.65K | Direct |
| Total | 494.90K | 484.65K direct·10.25K indirect |
Derivative Holdings (Post-Transaction)0
No derivative holdings reported