Theodore J. Brombach, President & CEO at XAI Octagon Floating Rate & Alternative Income Term Trust (XFLT), bought 2,000 shares at $4.52 ($9K) on 2020-03-18, disclosed to the SEC on 2020-03-18.
Open-market purchase of $9k XFLT by President & CEO. 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.
Something here stands out, but not much.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $4.48 | 1,000 | $4K | 49.8% |
| 2 | $4.52 | 1,000 | $5K | 50.2% |
| Total | $4.50 avg | 2,000 | $9K | 100% |
| Filing → |
| XFLT | BUY | 2023-12-06 | $41K | — | Filing → |
| XFLT | BUY | 2023-11-16 | $2K | — | Filing → |
| XFLT | BUY | 2022-11-15 | $20K | — | Filing → |