FTECX First Trust Enhanced Private Credit Fund Insider Trading

Treasurer Chad Eisenberg purchases 42,461 shares of FTECX at $9.42 for $399,989.97

Chad Eisenberg, serving as Treasurer, purchased 42,461 shares of First Trust Enhanced Private Credit Fund at $9.42 on 2026-07-02 for $399,989.97. The post-transaction holding of 106 shares reflects a move from a short position of -42,355 shares to a net long position. As a routine open-market buy by a treasurer-level insider with minimal cross-ticker trading history (1 prior sell on record), this transaction lacks the scale or pattern that would suggest material conviction-level positioning changes.

FTECX: Michael D Peck (PRESIDENT) bought 159,234 shares at $9.42 on 2026-07-02 for $1,499,990.03

Michael D Peck, President of First Trust Enhanced Private Credit Fund, purchased 159,234 shares at $9.42 on 2026-07-02 for total value of $1,499,990.03, resulting in a post-transaction holding of 106 shares. The transaction is notable as a substantial ~$1.5M single purchase, though the small residual holding (106 shares post-trade) suggests this may represent a correction or settlement of a prior short position given the negative pre-transaction holding of -159,128 shares. The insider's track record shows only 1 prior open-market sell across all tickers, providing limited historical context for assessing transaction motivation. The mechanics of moving from a negative position to a positive one warrants closer review to distinguish between ordinary open-market accumulation and position normalization.