Gifford R. Zimmerman

Filings by Gifford R. Zimmerman span 18 companies, the busiest being Nuveen Intermediate Duration Quality Municipal Term Fund, Nuveen Quality Municipal Income Fund and Nuveen AMT-Free Quality Municipal Income Fund. Over a trading history stretching from 16 February 2016 to 11 February 2022, the count stands at 47 filings.

Market trades split into 21 purchases (€304k) and 23 sales (€437k). Sales outweigh purchases by €133k. A purchase on the market is a deliberate choice to commit personal money, which is why it draws more attention than a grant. In 2022 alone, the filings show 1 purchase and no sales.

In size, the median ticket on the buying side is €13k. On 1 out of 20 purchases, another insider of the same company was buying within the same 30 days. When several insiders buy within a few weeks of each other, analysts speak of a cluster purchase.

The latest filing, published on 11 February 2022, reports an open-market purchase of €17k in Nuveen Mortgage & Income Fund. Filings reach the SEC (Form 4) feed a median of 2 days after the trade. The legal deadline for a Form 4 is two business days after the transaction. A sale on its own says little: insiders also sell to pay tax, fund a purchase or diversify. Every figure here comes from the filings published by SEC (Form 4) and describes the past, not future prices; it is not investment advice.