Destra Multi-Alternative Fund

Destra Multi-Alternative Fund insiders are currently net buyers of DMA stock, showing bullish sentiment over the past 90 days. Executives have purchased $8.7M while selling $0, resulting in a positive net flow of $8.7M. This buying activity represents 100% of total transaction volume.

Destra Multi-Alternative Fund has 3 active insiders who have filed SEC Form 4 transactions in the past 90 days. Boaz Weinstein (Executive) leads with 14 transactions totaling $4.6M. Capital Management, L.p. Saba (Executive) follows with 17 transactions worth $4.1M. Open-market purchases require insiders to invest their own capital, demonstrating genuine conviction.

The Insider Alignment Score measures the ratio of buying to selling activity on a 0-100 scale. Destra Multi-Alternative Fund's current score of 100/100 indicates bullish insider sentiment. Scores above 60 suggest insiders are accumulating shares faster than selling, reflecting $8.7M in purchases versus $0 in sales.

The most recent insider transaction occurred on Nov 28, 2025, when Management, L.p. Saba Capital (Executive) disposed of 14,496 shares at $0.00 per share for $0. This appears to be a discretionary trade.

Based on SEC Form 4 filings from the past 90 days, DMA insider trading sentiment is currently bullish with an Alignment Score of 100/100. The net insider flow of $8.7M reflects accumulation, with 100% of volume being purchases.

SEC Form 4 is the primary disclosure mechanism for insider trading at publicly traded companies like Destra Multi-Alternative Fund. Corporate insiders must file within two business days of any transaction, making it one of the most timely sources of executive sentiment. At DMA, we track all Form 4 filings—currently showing 32 transactions from 3 insiders over 90 days.

A 10b5-1 plan allows Destra Multi-Alternative Fund executives to pre-schedule stock sales when they don't possess material non-public information. At DMA, approximately 0% of recent transactions are 10b5-1 trades. Most trading activity at DMA appears discretionary, making insider signals more meaningful.

You can monitor Destra Multi-Alternative Fund (DMA) insider trading activity on this page, which updates within hours of new SEC Form 4 filings. We track all 3 active insiders and provide real-time transaction feeds, the Alignment Score, 10b5-1 vs. discretionary breakdowns, and direct links to SEC EDGAR filings.

Our Alignment Score measures the ratio of insider buying to selling on a scale of 0-100. A score above 70 indicates strong bullish sentiment, while below 30 suggests bearish activity. Destra Multi-Alternative Fund's current score of 100/100 indicates strong bullish sentiment with executives accumulating shares. This is calculated from $8.7M in purchases versus $0 in sales over 90 days, resulting in a net flow of $8.7M.

SEC Form 4 filings are mandatory reports that Destra Multi-Alternative Fund insiders must submit within 2 business days. Each filing includes the insider's name, relationship, transaction type, shares, and price. Transaction codes: P (purchase), S (sale), A (award), M (option exercise), G (gift). At DMA, the most common type is "P" with 31 occurrences. The most recent Form 4 was filed on Nov 28, 2025 by Management, L.p. Saba Capital.

Rule 10b5-1 allows corporate insiders to establish pre-scheduled trading plans when they don't possess material non-public information. At Destra Multi-Alternative Fund, approximately 0% of recent transactions are executed under 10b5-1 plans, while 100% appear to be discretionary trades. The low percentage means most insider activity at DMA represents discretionary decisions with more informational value.