MCCULLOCH BENJAMIN (Secretary & CLO) purchased 96.0% of their position (288.00 shares) of XAI OCTAGON FLOATING RATE & ALTERNATIVE INCOME TRUST on the open market
Open‑market purchase worth $2.5K — a major conviction buy. The strongest form of insider conviction signal.
P · 2 purchases
Filed: 7/27/2021ACC: 0001796252-21-000001
→
Officer· Secretary & CLO
Since Nov 2019
+288.00
Net shares
Net buyer
$2.5K
Total acquired
2
Open market trades
2B · 0S
2
Total transactions
288.00 acquired
Non-Derivative Transactions2
Common Shares of Beneficial Interest
Direct
Shares
+100.00
Price / share
$8.67
Trade value
$866.63
% of position
33.3%
7/27/2021
300.00→400.00
Common Shares of Beneficial Interest
Direct
Shares
+188.00
Price / share
$8.66
Trade value
$1.63K
% of position
47.0%
7/27/2021
400.00→588.00
Total
Net shares
+288.00
Net value
$2.50K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Shares of Beneficial Interest Direct | 7/27/2021 | P · Purchase | +100.00 | $8.67 | $866.63 | 33.3% | 300.00 | 400.00 |
| Common Shares of Beneficial Interest Direct | 7/27/2021 | P · Purchase | +188.00 | $8.66 | $1.63K | 47.0% | 400.00 | 588.00 |
| Total | +288.00 | $2.50K | ||||||
Derivative Transactions0
No derivative transactions reported
Non-Derivative Holdings (Post-Transaction)1
Common Shares of Beneficial Interest
DirectShares owned643.64
Total
643.64 direct643.64
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| Common Shares of Beneficial Interest | 643.64 | Direct |
| Total | 643.64 | 643.64 direct |
Derivative Holdings (Post-Transaction)0
No derivative holdings reported