PUTNAM HIGH INCOME SECURITIES FUND
PCFTicker | Value | Shares | Price | Security | Type | Insider | Title | Return | Flags | Date |
|---|---|---|---|---|---|---|---|---|---|---|
| No transactions found | ||||||||||
Insider trading at PUTNAM HIGH INCOME SECURITIES FUND (PCF) refers to stock transactions executed by corporate insiders—officers, directors, and shareholders owning more than 10% of the company. Over the past 90 days, 26 insiders have filed 287 transactions totaling $17.2M in trading activity. The most active insider is Andrew Dakos (Executive), contributing $28.9M across 39 transactions.
PUTNAM HIGH INCOME SECURITIES FUND insiders are currently net sellers of PCF stock, showing neutral sentiment over the past 90 days. Total sales of $9.0M outpace purchases of $8.1M, creating a net outflow of $941.7K.
PUTNAM HIGH INCOME SECURITIES FUND has 26 active insiders who have filed SEC Form 4 transactions in the past 90 days. Andrew Dakos (Executive) leads with 39 transactions totaling $28.9M. Phillip Goldstein (Executive) follows with 101 transactions worth $25.5M. 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. PUTNAM HIGH INCOME SECURITIES FUND's current score of 47/100 indicates neutral insider sentiment. Scores between 40-60 represent neutral or mixed activity. With $8.1M in purchases and $9.0M in sales, no strong directional conviction is evident.
The most recent insider transaction occurred on Feb 3, 2026, when Goldstein Phillip (Executive) acquired 10,000 shares at $6.05 per share for $60.5K. This appears to be a discretionary trade.
Based on SEC Form 4 filings from the past 90 days, PCF insider trading sentiment is currently neutral with an Alignment Score of 47/100. The balanced activity—$8.1M bought vs $9.0M sold—suggests no strong consensus among insiders.
SEC Form 4 is the primary disclosure mechanism for insider trading at publicly traded companies like PUTNAM HIGH INCOME SECURITIES FUND. Corporate insiders must file within two business days of any transaction, making it one of the most timely sources of executive sentiment. At PCF, we track all Form 4 filings—currently showing 287 transactions from 26 insiders over 90 days.
A 10b5-1 plan allows PUTNAM HIGH INCOME SECURITIES FUND executives to pre-schedule stock sales when they don't possess material non-public information. At PCF, approximately 0% of recent transactions are 10b5-1 trades. Most trading activity at PCF appears discretionary, making insider signals more meaningful.
You can monitor PUTNAM HIGH INCOME SECURITIES FUND (PCF) insider trading activity on this page, which updates within hours of new SEC Form 4 filings. We track all 26 active insiders and provide real-time transaction feeds, the Alignment Score, 10b5-1 vs. discretionary breakdowns, and direct links to SEC EDGAR filings.
Insider trading at PUTNAM HIGH INCOME SECURITIES FUND (PCF) refers to stock transactions made by corporate insiders—executives, directors, and beneficial owners holding more than 10% of shares. These individuals must report trades to the SEC within two business days. Currently, 26 insiders are actively trading PCF stock, having executed 287 transactions in the past 90 days. The most active insider is Andrew Dakos (Executive), with 39 transactions totaling $28.9M.
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. PUTNAM HIGH INCOME SECURITIES FUND's current score of 47/100 indicates neutral sentiment with balanced buying and selling activity. This is calculated from $8.1M in purchases versus $9.0M in sales over 90 days, resulting in a net flow of -$941.7K.
SEC Form 4 filings are mandatory reports that PUTNAM HIGH INCOME SECURITIES 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 PCF, the most common type is "P" with 25 occurrences. The most recent Form 4 was filed on Feb 3, 2026 by Goldstein Phillip.
Rule 10b5-1 allows corporate insiders to establish pre-scheduled trading plans when they don't possess material non-public information. At PUTNAM HIGH INCOME SECURITIES 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 PCF represents discretionary decisions with more informational value.
Track every insider move.
Before the market reacts.
Set alerts for PUTNAM HIGH INCOME SECURITIES FUND and 40,000+ other insiders.