CPZ · Insider Trading

Calamos Long/Short Equity & Dynamic Income Trust Common Stock

Iron condor setups Expected move IV rank history Fibonacci levels Insider trading

Every open-market purchase and sale reported by CPZ officers, directors and 10%+ beneficial owners on SEC Form 4, which must be filed within two business days of the transaction. Sales often reflect scheduled 10b5-1 plans or tax withholding rather than a directional view, so read counts alongside the size and the filer.

Form 4 Filings

most recent

Open-Market Buys

code P

Sales

code S

Reporting Insiders

current holders

CPZ — Recent Form 4 Transactions (latest 2025-12-18)

Filed	Insider	Role	Type	Shares	Value
2025-12-18	John P Calamos Sr	President and Chairman	Sell	−13,517	−$199.25K
2025-12-17	John P Calamos Sr	President and Chairman	Sell	−25,000	−$368.12K
2025-12-16	John P Calamos Sr	President and Chairman	Sell	−35,000	−$511.31K
2025-01-31	Thomas E Herman	VP and CFO	Sell	−26,783	−$417.92K
2025-01-10	Christopher M Toub	Director	Buy	+1,500	+$22.80K
2024-09-20	John S. Koudounis	Vice President	Sell	−24,739	−$381.23K
2024-05-02	Thomas E Herman	VP and CFO	Buy	+16,308	+$253.67K
2024-02-15	Mark Mickey	Chief Compliance Officer	Buy	+1,500	+$22.35K
2023-12-21	John P Calamos Sr	President and Chairman	Buy	+18,000	+$267.23K
2023-12-20	John S. Koudounis	Vice President	Sell	−5,400	−$80.55K
2023-12-20	John P Calamos Sr	President and Chairman	Buy	+15,813	+$233.61K
2023-12-19	John P Calamos Sr	President and Chairman	Buy	+19,980	+$296.31K
2023-12-19	John P Calamos Sr	President and Chairman	Buy	+13,715	+$201.09K
2021-06-22	Christopher M Toub	Director	Buy	+500	+$10.40K
2021-05-25	John S. Koudounis	Vice President	Buy	+12,000	+$249.72K
2021-05-24	John P Calamos Sr	President and Chairman	Buy	+6,900	+$143.37K
2021-05-24	John P Calamos Sr	President and Chairman	Buy	+40,486	+$839.17K
2021-03-23	Christopher M Toub	Director	Buy	+1,000	+$19.84K
2021-03-02	Robert Behan	Vice President	Buy	+1,000	+$18.60K
2021-02-26	Thomas E Herman	VP and CFO	Buy	+10,475	+$199.91K
2021-02-26	John S. Koudounis	Vice President	Buy	+5,400	+$100.09K
2020-03-23	John S. Koudounis	Vice President	Buy	+12,739	+$250.79K
2020-02-10	Lloyd Wennlund	Director	Buy	+2,500	+$48.54K

CPZ — Current Insider Holders

Insider	Role	Shares Held	Value
Thomas E Herman	VP and CFO	13,391	$172.21K
John P Calamos Sr	President and Chairman	11,017	$141.68K
Christopher M Toub	Director	3,000	$38.58K

CPZ Insider Trading FAQ

Who are the insiders at CPZ?

3 officers, directors and 10%+ beneficial owners currently report holdings in CPZ via SEC Form 4.

Are CPZ insiders buying or selling?

Across the 23 most recent Form 4 filings for CPZ, 17 were open-market purchases (code P) and 6 were sales (code S). Sales frequently reflect scheduled 10b5-1 plans or tax withholding rather than a view on the stock.

How current is CPZ insider data?

Form 4 must be filed within two business days of the transaction, so this is close to real time. The most recent CPZ filing is dated 2025-12-18.

How to read Form 4 activity

Form 4 reports a change in beneficial ownership by an officer, director or 10%+ holder, and must be filed within two business days of the transaction — so this is close to real time, unlike the 45-day-lagged 13F institutional data.

Transaction codes matter more than the raw buy/sell count. Code P is an open-market purchase — an insider choosing to buy with their own money, which is the signal most research treats as informative. Code S is a sale, but sales are frequently pre-scheduled under a 10b5-1 plan or cover tax withholding on vesting equity, so a run of sales often says nothing directional. Codes A and M are grants and option exercises rather than open-market decisions.

Full filing history and per-insider positions are on the CPZ quote page; the site-wide leaderboard is on the insider transactions hub.