Joseph Burns Rhame III, Insider at REAVES UTILITY INCOME FUND (UTG), bought 1,693 shares at $29.63 ($50K) on 2023-02-14, disclosed to the SEC on 2023-02-15.
Open-market purchase of $50k UTG by Insider. Below the thresholds we flag for high-conviction alerts (no C-suite role, rare reversal, cluster, or A-grade history). Context: insider career grade D.
Nothing distinguishes this filing.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $28.79 | 22 | $649 | 1.3% |
| 2 | $28.79 | 11 | $341 | 0.7% |
| 3 | $30.11 | 21 | $653 | 1.3% |
| 4 | $30.11 | 11 | $344 | 0.7% |
| 5 | $29.38 | 128 | $4K | 7.5% |
| 6 | $29.60 | 1,000 |
| $30K |
| 59.0% |
| 7 | $29.63 | 500 | $15K | 29.5% |
| Total | $29.63 avg | 1,693 | $50K | 100% |
| Filing → |
| UTG | BUY | 2023-03-17 | $55K | — | Filing → |
| UTG | BUY | 2022-10-04 | $22K | — | Filing → |
| UTG | BUY | 2022-09-23 | $12K | — | Filing → |