It was reported on July 21 that according to documents disclosed by the US Securities and Exchange Commission (SEC) on July 21,$Center Coast Brookfield MLP & Energy Infrastructure Fund (CEN.US)$Shareholder Saba Capital Management, L.P., sold 30,000 common shares at an average price of 20.28 US dollars per share on July 19 and 20, with a value of about 608,900 US dollars.
This transaction involves another related party: Weinstein Boaz.
What is a statement of change in shareholding?
The SEC requires insiders of listed companies to publicly disclose their securities transactions and shareholding. When an insider's shareholding changes, depending on different circumstances, it is necessary to submit a statement of change in shareholding to the SEC within a certain period of time after the transaction is completed.
Insiders include the company's directors and executives, as well as any shareholder who owns 10% or more of the company's tradable shares.