LAMB DAVID J 4
4 · Nuveen Real Asset Income & Growth Fund · Filed Mar 17, 2026
Research Summary
AI-generated summary of this filing
Nuveen (JRI) CAO David Lamb Exercises Options and Sells 7,872 Shares
What Happened David J. Lamb, Chief Administrative Officer (CAO) of Nuveen Real Asset Income & Growth Fund (ticker: JRI), exercised an in-the-money derivative and immediately disposed of 7,872 shares on March 13, 2026. The shares were sold at $12.40 per share, resulting in total proceeds of approximately $97,613. This report reflects a disposition following an option/exercise event rather than an open-market purchase.
Key Details
- Transaction date: 2026-03-13; Form 4 filed: 2026-03-17 (timely filing).
- Action: Exercise of in-the-money derivative and disposition of resulting shares.
- Shares disposed: 7,872 at $12.40 per share; total proceeds ≈ $97,613.
- Shares owned after transaction: Not reported in the filing summary.
- Remarks: Filing references "lambpoa.txt" (likely a power-of-attorney/filing authorization document).
- Transaction codes: derivative exercise/disposition (reported as an exercise with disposal).
Context This was an option/derivative exercise with an immediate sale of the shares (a common way for insiders to realize value from vested options). Such transactions are routine and do not by themselves indicate the insider's view of the company's future performance. The Form 4 was filed within the required reporting window.
Insider Transaction Report
- Exercise of In-Money
Subscription Right
2026-03-13$12.40/sh−7,872$97,613→ 0 totalExercise: $12.40From: 2026-02-06Exp: 2026-03-09→ Common Stock (7,872 underlying)