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Company Analysis

DTF Insider Trading

DTF TAX-FREE INCOME 2028 TERM FUND INC |

Comprehensive Trading Performance Summary

The investment history of corporate insiders at DTF TAX-FREE INCOME 2028 TERM FUND INC provides a unique lens into the internal conviction of the company's leadership. By analyzing SEC Form 4 filings, investors can track how directors and officers are allocating their own capital. High-conviction buying often signals that management believes the current market price significantly undervalues future growth prospects, while strategic selling might occur for personal liquidity or portfolio diversification. Monitoring these shifts in ownership is essential for understanding the alignment between management and shareholders in the sector.

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Last 30 Days Trend
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Transactions on Chart

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Filing Date Trade Date Reporting Person Relationship Type Price Qty Total, $ Owned After Change, %
2025-08-26 23:22 2025-08-25 Grumhaus David D Jr. Officer - President and CEO BUY $11.34 1,400 $15,876 6,652 +26.7%
2025-08-18 18:52 2025-08-15 Kahrer Mark G. Director BUY $11.35 1,000 $11,346 1,000 +100.0%
2024-04-12 02:35 2024-04-09 Grumhaus David D Jr. Officer - President and CEO BUY $10.70 2,506 $26,815 5,014 +99.9%
2023-08-02 20:17 2023-07-31 JPMorgan Chase Bank, N.A. 10% owner SELL $0.00 150 $0 0 -100.0%
2023-06-20 13:10 2023-06-15 JPMorgan Chase Bank, N.A. 10% owner SELL $0.00 250 $0 150 -62.5%
2023-03-27 16:13 2023-03-24 Grumhaus David D Jr. Officer - President and CEO BUY $10.96 2,500 $27,400 2,500 +100.0%
2022-11-18 18:32 2022-11-16 JPMorgan Chase Bank, N.A. 10% owner SELL $0.00 250 $0 400 -38.5%
2018-10-24 17:10 2018-10-23 LEONARD LISA Officer - Vice President BUY $12.36 250 $3,090 250 +100.0%
2018-10-16 16:40 2018-10-11 HEANEY TIMOTHY M Officer - VP & Chief Investment Officer BUY $12.42 2,000 $24,840 15,000 +15.4%
2018-04-09 22:58 2018-04-09 PETRISKO DANIEL Officer - SVP and Assistant Secretary BUY $0.00 1,200 $0 1,200 +100.0%
2017-12-01 18:51 2017-11-29 HEANEY TIMOTHY M Officer - VP & Chief Investment Officer BUY $14.05 2,000 $28,106 13,000 +18.2%
2016-11-28 20:25 2016-11-23 HEANEY TIMOTHY M Officer - VP & Chief Investment Officer BUY $14.48 3,000 $43,446 11,000 +37.5%
2015-06-10 18:45 2015-06-09 HEANEY TIMOTHY M Officer - VP & Chief Investment Officer BUY $14.38 1,210 $17,400 8,000 +17.8%
2014-10-07 15:51 2014-10-06 HEANEY TIMOTHY M Officer - VP & Chief Investment Officer BUY $15.00 1,600 $24,000 6,790 +30.8%
2014-09-30 21:08 2014-09-29 BURKE DONALD C Director BUY $15.03 1,000 $15,030 15,030 +7.1%
2013-09-12 17:51 2013-09-11 HEANEY TIMOTHY M Officer - VP & Chief Investment Offuicer BUY $13.68 2,000 $27,360 5,190 +62.7%
2011-11-18 17:37 2011-11-17 GENETSKI ROBERT J Director BUY $15.33 150 $2,300 150 +100.0%
2011-07-11 22:43 2011-07-08 McLoughlin Philip R Director BUY $15.30 600 $9,180 1,094 +121.6%
2011-05-03 17:55 2011-03-02 BANK OF AMERICA CORP /DE/ 10% owner BUY $14.31 19 $272 19 +100.0%
2011-05-03 17:55 2011-03-02 BANK OF AMERICA CORP /DE/ 10% owner SELL $14.26 19 $271 0 -100.0%
2010-12-22 00:48 2010-12-21 HEANEY TIMOTHY M Officer - VP & Chief Investment Officer BUY $14.30 2,190 $31,317 3,190 +219.0%
2010-01-05 02:33 2010-01-04 McLoughlin Philip R Director BUY $14.62 200 $2,924 455 +78.5%
2009-05-18 23:39 2009-05-15 CONNER STEWART E Director BUY $13.28 1,000 $13,280 1,000 +100.0%
2009-05-13 23:59 2009-05-13 POLLARD CARL F Director BUY $12.90 9,000 $116,100 20,000 +81.8%
2009-05-12 00:11 2009-05-08 POLLARD CARL F Director BUY $12.75 1,000 $12,750 11,000 +10.0%
2009-03-16 18:43 2009-03-12 MCNAMARA GERALDINE M Director BUY $11.76 2,000 $23,517 2,000 +100.0%
2009-02-24 20:43 2009-02-24 HEANEY TIMOTHY M Officer - VP & Chief Investment Officer BUY $11.82 1,000 $11,817 1,000 +100.0%
2008-10-14 19:44 2008-10-10 BEITTEL T BROOKS Officer - Senior VP and Secretary BUY $9.04 500 $4,521 1,500 +50.0%
2008-10-07 23:49 2008-10-07 BEITTEL T BROOKS Officer - Senior VP and Secretary BUY $11.20 1,000 $11,196 1,000 +100.0%
2006-11-14 21:02 2006-11-13 POLLARD CARL F Director BUY $15.15 10,000 $151,500 10,000 +100.0%
2006-04-27 20:02 2006-04-26 MORRIS EVERETT L Director BUY $14.35 5,600 $80,360 46,141 +13.8%
2006-04-25 20:43 2006-04-21 MORRIS EVERETT L Director BUY $14.35 4,400 $63,140 40,541 +12.2%
2005-12-16 00:10 2005-06-28 MORRIS EVERETT L Director SELL $15.90 14,100 $224,190 9,068 -60.9%
2005-12-15 23:41 2005-06-22 MORRIS EVERETT L Director SELL $15.90 11,300 $179,670 36,868 -23.5%
2005-06-28 22:44 2005-06-24 MORRIS EVERETT L Director SELL $15.90 11,400 $181,260 811 -93.4%
2005-06-27 19:20 2005-06-22 MORRIS EVERETT L Director SELL $15.90 13,500 $214,650 812 -94.3%
2005-06-23 17:44 2005-06-06 JEFFRIES FRANCIS E Director BUY $15.82 41 $647 8,129 +0.5%
2005-06-21 22:02 2005-06-15 MCNAMARA GERALDINE M Director SELL $15.56 4 $61 0 -100.0%
2005-06-21 21:53 2005-06-15 PAVIA RICHARD A Director SELL $15.56 263 $4,091 1,053 -20.0%
2005-06-21 21:46 2005-06-06 MORAN EILEEN A Director BUY $15.82 10 $160 2,004 +0.5%
2005-06-21 21:39 2005-06-06 MORAN EILEEN A Director BUY $15.82 7 $108 1,354 +0.5%
2005-06-21 21:33 2005-06-06 MORRIS EVERETT L Director BUY $15.82 4 $65 813 +0.5%
2005-06-21 21:20 2005-06-06 PAVIA RICHARD A Director BUY $15.82 7 $105 1,316 +0.5%
2005-06-21 21:11 2005-06-06 GEORGESON WILLIAM N Director BUY $15.82 26 $418 5,246 +0.5%
2005-06-17 21:31 2005-06-10 MCNAMARA GERALDINE M Director SELL $15.56 4 $61 0 -100.0%
2005-06-17 21:15 2005-06-10 GEORGESON WILLIAM N Director SELL $15.56 1,049 $16,322 4,197 -20.0%
2005-06-17 20:51 2005-06-10 PAVIA RICHARD A Director SELL $15.56 263 $4,092 1,053 -20.0%
2005-06-17 15:40 2005-05-20 MCNAMARA GERALDINE M Director SELL $15.35 715 $10,975 0 -100.0%
2005-06-16 18:21 2005-05-20 MCNAMARA GERALDINE M Director BUY $15.35 715 $10,975 0 +100.0%
2005-06-03 16:13 2005-06-01 LAMPTON NANCY Director BUY $15.80 1,000 $15,800 1,000 +100.0%
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How to Interpret $DTF Trades

Not every insider transaction in DTF TAX-FREE INCOME 2028 TERM FUND INC is a signal for immediate action. Professional investors look for "cluster buying"—when multiple executives simultaneously purchase $DTF shares on the open market. It is crucial to distinguish between scheduled sales (under Rule 10b5-1) and voluntary increases in ownership, which demonstrate management’s true conviction that the stock is undervalued.

Data Source & Accuracy for DTF

Insider activity data for DTF TAX-FREE INCOME 2028 TERM FUND INC is streamed in real-time directly from the SEC EDGAR system. We analyze raw Form 4 filings, filtering out technical adjustments and complex derivative transactions. This provides a transparent view of how ownership structure is evolving in $DTF, allowing you to follow the capital of those with the most intimate knowledge of the company.

UNDERSTANDING THE DATA

FILING DATE: The date and time when the transaction was reported to the SEC. This is when the public first receives the information.

TRADE DATE: The actual day the insider executed the purchase or sale in the market.

INDUSTRY: The specific market sector the company operates in. Useful for identifying broader institutional capital flows across sectors.

OWNED AFTER: The total number of shares held by the insider following the transaction. This highlights the insider's remaining conviction in the company.

CHANGE %: The percentage increase or decrease of the insider's total position. Large percentage changes often carry more weight than the dollar amount alone.

TRADE TYPES DEFINITIONS

BUY: An open market purchase. Typically indicates an insider's belief that the stock is undervalued or poised for growth.

SELL: An open market sale. While often used for diversification or liquidity, large or unexpected sales can be a warning signal.

OPT+S (OPTION EXERCISE & SALE): This occurs when an insider exercises their stock options and sells them immediately. Often part of a structured compensation plan.