HERZ · Insider Trading

Herzfeld Credit Income Fund, Inc. Common Stock

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

Every open-market purchase and sale reported by HERZ 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

HERZ — Recent Form 4 Transactions (latest 2026-10-22)

Filed	Insider	Role	Type	Shares	Value
2026-10-22	Ryan M Paylor	—	D	−490	−$8.92K
2026-10-22	Thomas J Herzfeld	—	D	−14,147	−$257.52K
2026-10-22	Brigitta Suzanne Herzfeld	Director	D	−1,086	−$19.77K
2026-10-22	Erik Mervin Herzfeld	Director	D	−4,998	−$90.98K
2026-04-17	Ryan M Paylor	—	Buy	+486	+$7.73K
2026-04-17	Thomas J Herzfeld	—	Buy	+3,610	+$57.81K
2026-03-04	Ryan M Paylor	—	Buy	+152	+$2.35K
2026-03-04	Thomas J Herzfeld	—	Buy	+5,036	+$77.77K
2026-01-14	Thomas J Herzfeld	—	D	+313,441	+$808.65K
2026-01-06	Thomas J Herzfeld	—	D	+313,439	+$808.64K
2026-01-06	Kay W Tatum	Director	D	+1,078	+$2.78K
2026-01-05	Cecilia L Gondor	Director	D	+9,003	+$23.23K
2026-01-05	Erik Mervin Herzfeld	President	D	+120,584	+$311.09K
2026-01-05	John A Gelety	Director	D	+2,073	+$5.35K
2026-01-05	Brigitta Suzanne Herzfeld	Director	D	+24,819	+$64.03K
2026-01-05	Ryan M Paylor	—	D	+12,463	+$32.15K
2026-01-02	Kay W Tatum	Director	D	+1,413	+$3.65K
2026-01-02	Ryan M Paylor	—	D	+14,670	+$37.85K
2026-01-02	Erik Mervin Herzfeld	President	D	+120,583	+$311.09K
2026-01-02	Brigitta Suzanne Herzfeld	Director	D	+24,821	+$64.04K
2026-01-02	John A Gelety	Director	D	+2,716	+$7.01K
2026-01-02	Thomas J Herzfeld	—	D	+313,444	+$808.65K
2025-10-23	Erik Mervin Herzfeld	President	D	−46,642	−$120.97K
2025-10-23	Thomas J Herzfeld	—	D	−121,238	−$314.43K
2025-10-23	Ryan M Paylor	—	D	−3,679	−$9.54K
2025-10-23	Brigitta Suzanne Herzfeld	Director	D	−9,600	−$24.90K

HERZ — Current Insider Holders

Insider	Role	Shares Held	Value
Thomas J Herzfeld	—	187,986	$2.48M
Erik Mervin Herzfeld	President	66,415	$876.01K
Brigitta Suzanne Herzfeld	Director	14,430	$190.33K
Ryan M Paylor	—	6,507	$85.83K
Cecilia L Gondor	Director	5,332	$70.33K
John A Gelety	Director	1,228	$16.20K
Kay W Tatum	Director	639	$8.43K

HERZ Insider Trading FAQ

Who are the insiders at HERZ?

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

Are HERZ insiders buying or selling?

Across the 26 most recent Form 4 filings for HERZ, 4 were open-market purchases (code P) and 0 were sales (code S). Sales frequently reflect scheduled 10b5-1 plans or tax withholding rather than a view on the stock.

How current is HERZ insider data?

Form 4 must be filed within two business days of the transaction, so this is close to real time. The most recent HERZ filing is dated 2026-10-22.

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 HERZ quote page; the site-wide leaderboard is on the insider transactions hub.