DTF (DTF Tax-Free Income 2028 Term Fund Inc.)

Insider Trading Activity

Every open-market purchase and sale reported by DTF 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.

Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.

Form 4 Filings
32
most recent
Open-Market Buys
24
code P
Sales
3
code S
Reporting Insiders
14
current holders
DTF — Recent Form 4 Transactions (latest 2025-08-26)
FiledInsiderRole TypeSharesValue
2025-08-26 David D Grumhaus Jr. President and CEO Buy
2025-08-18 Mark G. Kahrer Director Buy
2024-04-11 David D Grumhaus Jr. President and CEO Buy
2023-08-02 JPMorgan Chase Bank, N.A. 10%+ Owner Sell
2023-06-20 JPMorgan Chase Bank, N.A. 10%+ Owner Sell
2023-03-27 David D Grumhaus Jr. President and CEO Buy
2022-11-18 JPMorgan Chase Bank, N.A. 10%+ Owner Sell
2020-11-16 Wells Fargo Municipal Capital Strategies, LLC 10%+ Owner J
2020-10-14 GEORGE W KARPUS
2018-10-24 LISA LEONARD Vice President Buy
2018-10-16 TIMOTHY M HEANEY VP & Chief Investment Officer Buy
2018-04-09 DANIEL PETRISKO SVP and Assistant Secretary Buy
2017-12-01 TIMOTHY M HEANEY VP & Chief Investment Officer Buy
2016-11-28 TIMOTHY M HEANEY VP & Chief Investment Officer Buy
2016-01-11 Wells Fargo Municipal Capital Strategies, LLC 10%+ Owner J
2015-06-10 TIMOTHY M HEANEY VP & Chief Investment Officer Buy
2014-10-07 TIMOTHY M HEANEY VP & Chief Investment Officer Buy
2014-09-30 DONALD C BURKE Director Buy
2013-09-23 Blue Ridge Investments, L.L.C. 10%+ Owner J
2013-09-12 TIMOTHY M HEANEY VP & Chief Investment Offuicer Buy
2011-11-18 ROBERT J GENETSKI Director Buy
2011-07-11 Philip R McLoughlin Director Buy
2011-05-03 MERRILL LYNCH, PIERCE, FENNER & SMITH INC. 10%+ Owner MIXED
2010-12-21 TIMOTHY M HEANEY VP & Chief Investment Officer Buy
2010-01-04 Philip R McLoughlin Director Buy
2009-05-18 STEWART E CONNER Director Buy
2009-05-13 CARL F POLLARD Director Buy
2009-05-11 CARL F POLLARD Director Buy
2009-03-16 GERALDINE M MCNAMARA Director Buy
2009-02-24 TIMOTHY M HEANEY VP & Chief Investment Officer Buy
2008-10-14 T BROOKS BEITTEL Senior VP and Secretary Buy
2008-10-07 T BROOKS BEITTEL Senior VP and Secretary Buy
DTF — Current Insider Holders
InsiderRole Shares HeldValue
209,835
Director 20,000
Director 15,030
VP & Chief Investment Officer 15,000
President and CEO 6,652
Director 1,900
Senior VP and Secretary 1,500
SVP and Assistant Secretary 1,200
Director 1,093
Director 1,000
Director 1,000
Vice President 250
Director 150
10%+ Owner 19
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 DTF quote page; the site-wide leaderboard is on the insider transactions hub.