According to documents disclosed by the Securities and Exchange Commission (SEC) on July 10th,$Cohen & Steers Ltd. Duration Preferred & Income Fund (LDP.US)$Director Rogers-Windsor Ramona Lynn added 125 common shares, valued at approximately $2249.4, at an average price of $17.9952 per share on July 6th.
What is the statement of shareholding change?
SEC requires insiders of listed companies to publicly disclose their securities trading and shareholdings. When the insider's shareholding changes, it is necessary to submit a shareholding change statement to SEC within a certain period of time after the end of the transaction.
Insiders include directors and executives of the company, as well as any shareholders who own 10% or more of the company's outstanding shares.