October 21, 2025 · Form 4 insider transaction
HERZFELD THOMAS J sold 121,238 shares of HERZ at $2.59 per share, a transaction worth $314.4K. The trade was recorded as disposition to the issuer and disclosed on an SEC Form 4, filed 2 days after the transaction.
The amount reported represents the estimated number of shares tendered to Herzfeld Credit Income Fund, Inc. (the "Fund") in connection with the issuer tender offer by the Fund pursuant to the Tender Offer Statement on Schedule TO filed with the Securities and Exchange Commission on September 17, 2025 (the "Tender Offer"). The final proration factor for the Tender Offer is 7.2858%.