DTF · Insider Trading
DTF Tax-Free Income 2028 Term Fund Inc.
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.
| Filed | Insider | Role | Type | Shares | Value |
|---|---|---|---|---|---|
| 2025-08-26 | David D Grumhaus Jr. | President and CEO | Buy | +1,400 | +$15.88K |
| 2025-08-18 | Mark G. Kahrer | Director | Buy | +1,000 | +$11.35K |
| 2024-04-11 | David D Grumhaus Jr. | President and CEO | Buy | +2,506 | +$26.81K |
| 2023-08-02 | JPMorgan Chase Bank, N.A. | 10%+ Owner | Sell | −150 | — |
| 2023-06-20 | JPMorgan Chase Bank, N.A. | 10%+ Owner | Sell | −250 | — |
| 2023-03-27 | David D Grumhaus Jr. | President and CEO | Buy | +2,500 | +$27.40K |
| 2022-11-18 | JPMorgan Chase Bank, N.A. | 10%+ Owner | Sell | −250 | — |
| 2020-11-16 | Wells Fargo Municipal Capital Strategies, LLC | 10%+ Owner | J | −1,300 | — |
| 2020-10-14 | George W Karpus | — | — | — | — |
| 2018-10-24 | Lisa Leonard | Vice President | Buy | +250 | +$3.09K |
| 2018-10-16 | Timothy M Heaney | VP & Chief Investment Officer | Buy | +2,000 | +$24.84K |
| 2018-04-09 | Daniel Petrisko | SVP and Assistant Secretary | Buy | +1,200 | — |
| 2017-12-01 | Timothy M Heaney | VP & Chief Investment Officer | Buy | +2,000 | +$28.11K |
| 2016-11-28 | Timothy M Heaney | VP & Chief Investment Officer | Buy | +3,000 | +$43.45K |
| 2016-01-11 | Wells Fargo Municipal Capital Strategies, LLC | 10%+ Owner | J | — | — |
| 2015-06-10 | Timothy M Heaney | VP & Chief Investment Officer | Buy | +1,210 | +$17.40K |
| 2014-10-07 | Timothy M Heaney | VP & Chief Investment Officer | Buy | +1,600 | +$24.00K |
| 2014-09-30 | Donald C Burke | Director | Buy | +1,000 | +$15.03K |
| 2013-09-23 | Blue Ridge Investments, L.L.C. | 10%+ Owner | J | −2,508 | — |
| 2013-09-12 | Timothy M Heaney | VP & Chief Investment Offuicer | Buy | +2,000 | +$27.36K |
| 2011-11-18 | Robert J Genetski | Director | Buy | +150 | +$2.30K |
| 2011-07-11 | Philip R McLoughlin | Director | Buy | +600 | +$9.18K |
| 2011-05-03 | MERRILL LYNCH, PIERCE, FENNER & SMITH INC. | 10%+ Owner | MIXED | — | +$2 |
| 2010-12-21 | Timothy M Heaney | VP & Chief Investment Officer | Buy | +2,190 | +$31.32K |
| 2010-01-04 | Philip R McLoughlin | Director | Buy | +200 | +$2.92K |
| 2009-05-18 | Stewart E Conner | Director | Buy | +1,000 | +$13.28K |
| 2009-05-13 | Carl F Pollard | Director | Buy | +9,000 | +$116.10K |
| 2009-05-11 | Carl F Pollard | Director | Buy | +1,000 | +$12.75K |
| 2009-03-16 | Geraldine M McNamara | Director | Buy | +2,000 | +$23.52K |
| 2009-02-24 | Timothy M Heaney | VP & Chief Investment Officer | Buy | +1,000 | +$11.82K |
| 2008-10-14 | T Brooks Beittel | Senior VP and Secretary | Buy | +500 | +$4.52K |
| 2008-10-07 | T Brooks Beittel | Senior VP and Secretary | Buy | +1,000 | +$11.20K |
| Insider | Role | Shares Held | Value |
|---|---|---|---|
| David D Grumhaus Jr. | President and CEO | 6,652 | $75.37K |
| Mark G. Kahrer | Director | 1,000 | $11.33K |
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.
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.