Ronald James Sorenson, Insider at REAVES UTILITY INCOME FUND (UTG), bought 5,000 shares at $24.39 ($122K) on 2013-12-19, disclosed to the SEC on 2013-12-20.
Open-market purchase of $122k UTG by Insider. Below the thresholds we flag for high-conviction alerts (no C-suite role, rare reversal, cluster, or A-grade history).
Something here stands out, but not much.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $24.21 | 500 | $12K | 9.9% |
| 2 | $24.39 | 4,500 | $110K | 90.1% |
| Total | $24.37 avg | 5,000 | $122K | 100% |
| Filing → |
| UTG | BUY | 2016-05-26 | $3K | — | Filing → |
| UTG | BUY | 2015-12-23 | $103K | — | Filing → |
| UTG | BUY | 2015-08-13 | $29K | — | Filing → |