FIRST TRUST HIGH INCOME LONG/SHORT FUND

FIRST TRUST HIGH INCOME LONG/SHORT FUND insiders are currently net buyers of FSD stock, showing neutral sentiment over the past 90 days. Executives have purchased $17.3M while selling $8.4M, resulting in a positive net flow of $8.9M. This buying activity represents 67% of total transaction volume.

FIRST TRUST HIGH INCOME LONG/SHORT FUND has 10 active insiders who have filed SEC Form 4 transactions in the past 90 days. Capital Management, L.p. Saba (Executive) leads with 30 transactions totaling $16.2M. Boaz Weinstein (Executive) follows with 8 transactions worth $8.6M. 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. FIRST TRUST HIGH INCOME LONG/SHORT FUND's current score of 67/100 indicates neutral insider sentiment. Scores above 60 suggest insiders are accumulating shares faster than selling, reflecting $17.3M in purchases versus $8.4M in sales.

The most recent insider transaction occurred on Jun 7, 2019, when A. Bowen James (Executive) disposed of 1,211 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, FSD insider trading sentiment is currently neutral with an Alignment Score of 67/100. The net insider flow of $8.9M reflects accumulation, with 67% of volume being purchases.

SEC Form 4 is the primary disclosure mechanism for insider trading at publicly traded companies like FIRST TRUST HIGH INCOME LONG/SHORT FUND. Corporate insiders must file within two business days of any transaction, making it one of the most timely sources of executive sentiment. At FSD, we track all Form 4 filings—currently showing 58 transactions from 10 insiders over 90 days.

A 10b5-1 plan allows FIRST TRUST HIGH INCOME LONG/SHORT FUND executives to pre-schedule stock sales when they don't possess material non-public information. At FSD, approximately 0% of recent transactions are 10b5-1 trades. Most trading activity at FSD appears discretionary, making insider signals more meaningful.

You can monitor FIRST TRUST HIGH INCOME LONG/SHORT FUND (FSD) insider trading activity on this page, which updates within hours of new SEC Form 4 filings. We track all 10 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. FIRST TRUST HIGH INCOME LONG/SHORT FUND's current score of 67/100 indicates moderately bullish sentiment suggesting insider confidence. This is calculated from $17.3M in purchases versus $8.4M in sales over 90 days, resulting in a net flow of $8.9M.

SEC Form 4 filings are mandatory reports that FIRST TRUST HIGH INCOME LONG/SHORT 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 FSD, the most common type is "P" with 34 occurrences. The most recent Form 4 was filed on Jun 7, 2019 by A. Bowen James.

Rule 10b5-1 allows corporate insiders to establish pre-scheduled trading plans when they don't possess material non-public information. At FIRST TRUST HIGH INCOME LONG/SHORT 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 FSD represents discretionary decisions with more informational value.