PIM · Insider Trading

Franklin Master Intermediate Income Trust

Every open-market purchase and sale reported by PIM 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
15
most recent
Open-Market Buys
13
code P
Sales
2
code S
Reporting Insiders
0
current holders
PIM — Recent Form 4 Transactions (latest 2023-06-06)
FiledInsiderRole TypeSharesValue
2023-06-06 Manoj P Singh Director Buy +313 +$1000
2022-12-02 Mona Sutphen Director Buy +298 +$998
2022-11-02 Jennifer Murphy Director Buy +299 +$1.00K
2022-10-12 Marie Pillai Director Buy +309 +$1.00K
2019-02-06 Catharine B Hill Director Buy +100 +$450
2013-01-08 Liaquat Ahamed Director Buy +100 +$515
2012-12-06 Katinka Domotorffy Director Buy +100 +$507
2012-01-12 Elizabeth T Kennan Director Buy +100 +$509
2011-01-11 Robert L Reynolds President and CEO Buy +100 +$585
2010-07-02 Barbara M Baumann Director Buy +100 +$620
2009-06-04 W Thomas Stephens Director Buy +100 +$497
2009-04-03 Ravi Akhoury Director Buy +100 +$428
2008-05-01 Robert J Darretta Director Buy +100 +$621
2007-12-04 John A Hill Director Sell −195 −$1.24K
2007-03-28 Jameson A Baxter Trustee of Putnam Funds Sell −0 −$6
PIM Insider Trading FAQ
Who are the insiders at PIM?
No current Form 4 beneficial owners are on file for PIM.
Are PIM insiders buying or selling?
Across the 15 most recent Form 4 filings for PIM, 13 were open-market purchases (code P) and 2 were sales (code S). Sales frequently reflect scheduled 10b5-1 plans or tax withholding rather than a view on the stock.
How current is PIM insider data?
Form 4 must be filed within two business days of the transaction, so this is close to real time. The most recent PIM filing is dated 2023-06-06.
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 PIM 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.