Wednesday, October 28, 2026
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SWZ Insider Trading: Insider Buys and Sells · https://wallstpal.com/stock/swz/insider-trading/ · saved 2026-10-28

About this page

Insider trades reported on SEC Form 4: when the people who run a company buy or sell its shares with their own money.

How to read it

Form 4
The form a company insider (officer, director or owner of more than 10%) must file with the SEC within two business days of buying or selling the company's shares.
Buy (P) and Sell (S)
Open-market purchases and sales. Gifts, option exercises and automatic tax withholding are left out because they say little about what the insider thinks.
Value
Shares times price, as reported on the filing.
10b5-1
A trade made under a plan set up in advance. Planned sales are common and usually say less than an unplanned purchase.
Late filing
A Form 4 filed more than two business days after the trade.
Vs. S&P 500
How the stock did after the trade minus how the overall market did in the same weeks.

A real example

In January 2016, when bank stocks were falling, JPMorgan Chase CEO Jamie Dimon bought 500,000 JPMorgan shares with his own money, worth about $26 million. His Form 4 made the purchase public within days, and investors read it as a strong sign of confidence.

Explain it like I'm 13

If the coach of a team bets his own allowance that his team will win, that tells you something. A Form 4 is the note a company boss must hand in whenever he buys or sells his own company's shares, so everyone can see it.

Data from public SEC filings and congressional reports. Information, not investment advice. Check every number against the filing linked on the page.

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Insider tradingForm 4

Total Return Securities Fund (SWZ) Insider Trading

20 open-market trades reported since Jun 17, 2026: 20 purchases worth $336K and 0 sales worth $0.

By insider

InsiderRoleBuysBoughtSellsSoldLatest
Phillip GoldsteinSecretary2$64K0$0Oct 13, 2026
Moritz A. SellDirector13$108K0$0Sep 30, 2026
Andrew DakosCEO3$145K0$0Sep 29, 2026
Rajeev P. DasSecretary2$18K0$0Aug 25, 2026

All trades

SWZ insider trades
FiledTradedInsiderRoleTypeSharesPrice ($)ValueScoreHolding3 mo. afterFiling
Oct 13Oct 8Phillip GoldsteinSecretarySecretary▲ BUY5,0005.73$29K32+4.2%Form 4 ↗
Sep 30Sep 28Moritz A. SellDirectorDirector▲ BUY2,0005.76$12K30+7.1%Form 4 ↗
Sep 29Sep 25Andrew DakosCEOCEO▲ BUY10,0005.81$58K50+25%Form 4 ↗
Sep 29Sep 28Andrew DakosCEOCEO▲ BUY10,0005.77$58K50+20%Form 4 ↗
Sep 1Aug 31Moritz A. SellDirectorDirector▲ BUY3,0005.98$18K34+12%Form 4 ↗
Aug 25Aug 21Rajeev P. DasSecretarySecretary▲ BUY1,7005.93$10K41+509%Form 4 ↗
Aug 25Aug 24Rajeev P. DasSecretarySecretary▲ BUY1,3665.93$8K41+67%Form 4 ↗
Aug 12Aug 10Moritz A. SellDirectorDirector▲ BUY1,0005.91$6K20+4.1%Form 4 ↗
Jul 24Jul 23Moritz A. SellDirectorDirector▲ BUY2,0005.86$12K30+9.0%Form 4 ↗
Jul 24Jul 22Moritz A. SellDirectorDirector▲ BUY5175.90$3K26+2.4%Form 4 ↗
Jul 22Jul 20Moritz A. SellDirectorDirector▲ BUY1,0005.93$6K26+4.9%Form 4 ↗
Jul 22Jul 21Moritz A. SellDirectorDirector▲ BUY4835.90$3K26+2.3%Form 4 ↗
Jul 8Jul 6Phillip GoldsteinSecretarySecretary▲ BUY5,9805.95$36K36+5.3%Form 4 ↗
Jul 7Jul 2Andrew DakosCEOCEO (ind.)▲ BUY5,0005.92$30K37+4.0%Form 4 ↗
Jun 30Jun 26Moritz A. SellDirectorDirector▲ BUY2,0915.89$12K34+13%Form 4 ↗
Jun 30Jun 29Moritz A. SellDirectorDirector▲ BUY2,0005.92$12K34+11%Form 4 ↗
Jun 22Jun 18Moritz A. SellDirectorDirector▲ BUY1,8535.91$11K34+13%Form 4 ↗
Jun 22Jun 17Moritz A. SellDirectorDirector▲ BUY1475.91$86926+1.0%Form 4 ↗
Jun 17Jun 16Moritz A. SellDirectorDirector▲ BUY2,0005.96$12K34+17%Form 4 ↗
Jun 17Jun 15Moritz A. SellDirectorDirector▲ BUY1555.95$92226+1.3%Form 4 ↗
Source: SEC Form 4 filings, retrieved Oct 28, 2026. How we read filings