GONDOR CECILIA L bought HERZ
December 30, 2025 · Form 4 insider transaction
GONDOR CECILIA L bought 9,003 shares of Herzfeld Credit Income Fund, Inc. at $2.58 per share, a transaction worth $23.2K. The trade was recorded as disposition to the issuer and disclosed on an SEC Form 4, filed 6 days after the transaction.
Footnotes
On December 30, 2025, the Fund paid a distribution, in cash and shares of common stock, of $0.6867 per share owned by each stockholder as of the payment date of December 30, 2025 (the "December 2025 Distribution"). The December 2025 Distribution was paid in cash or shares of the Fund's common stock at the election of stockholders with the total amount of cash distributed to all stockholders limited to 20% of the total distribution to be paid, excluding any cash paid for fractional shares.; The remainder of the December 2025 Distribution (approx. 80%) was paid in the form of shares of the Fund's common stock. The exact distribution of cash and stock to any given stockholder was dependent upon their election as well as elections of other stockholders, subject to the pro-rata limitation. The price per share used to calculate the number of shares to be issued in lieu of cash was $2.5799, which was determined using the volume weighted average price per share of the Fund on December 12, 15 and 16, 2025. Ms. C. Gondor received 9,003 shares of common stock of the Fund in connection with the December 2025 Distribution.