GRF EAGLE CAPITAL GROWTH FUND, INC. Insider Trading

CFO David C Sims buys 10,000 shares of GRF at $10.00, raising holdings to 220,032 shares (220.0K shares).

David C Sims, serving as CFO, CCO, Secretary, and Treasurer, purchased 10,000 shares at $10.00 on 2026-05-22, representing a 4.8% increase to his existing holdings of 220,032 shares post-transaction. At the current price of $10.36, the stock trades 12.6% below its 52-week high of $11.85, having risen 2.6% over 30 days. Examining his same-ticker history at GRF across 5 prior trades, his timing has been mixed: 2 of the 5 prior buys showed positive 90-day returns, while 3 showed negative returns ranging from -0.1% to -0.6%. This pattern of inconsistent results at this specific ticker provides limited signal regarding the forward case for the current purchase.

CEO Luke E Sims bought 1,209 shares of GRF at $10.20 on 2026-05-18; 4 of 5 prior buys at this ticker were well-timed at the 90-day mark.

Luke E Sims, President & CEO, purchased 1,209 shares of EAGLE CAPITAL GROWTH FUND, INC. (GRF) at $10.20 on 2026-05-18, bringing total holdings to 295,267 shares. The current price of $10.20 sits -13.9% from the 52-week high of $11.85, and the stock has declined -4.2% over the prior 90 days. His same-ticker history at GRF shows a notable pattern: 4 of 5 prior buys were well-timed, with positive 90-day returns ranging from +0.8% to +9.0%. His cross-ticker track record across all tickers shows 6 prior buys with an 83.33% 90-day win rate and an average 90-day return of +4.6%. This purchase occurs against a backdrop of established buy discipline at this specific security, though the current price weakness (-4.2% over 90 days) and distance from the 52-week high warrant monitoring of whether this trade pattern persists.

Director Tyler Donald G acquires 1,886 shares at GRF while stock trades below its 52-week high; second open-market purchase in 36 months.

Tyler Donald G, a director at Eagle Capital Growth Fund, added nearly 1,900 shares to his holdings at prices around $10 per share, marking his second open-market purchase in the past three years. The timing is noteworthy: the stock is currently trading more than 15% below its 52-week high and has declined roughly 11% over the past three months, positioning this purchase at a discount to recent peaks. However, his prior open-market buy at this company in mid-April—just weeks before this filing—failed to deliver gains; the stock was essentially flat to slightly down in the months that followed, suggesting his recent purchases have not been well-timed entries. With a track record of one prior open-market purchase and four prior sales across his broader filing history, Donald G has been more of a net seller than buyer, making this renewed accumulation somewhat unusual, though the small dollar amounts involved limit the conviction signal this purchase might otherwise carry.

Director Tyler Donald G makes two open-market purchases totaling over 1,000 shares in GRF, including a substantial buy amid recent price weakness.

Tyler Donald G, a director of Eagle Capital Growth Fund, executed two purchases within a month—a small initial buy followed by a much larger position addition worth nearly ten thousand dollars. The timing is noteworthy: the second purchase occurred as the stock was trading noticeably below its recent highs, suggesting the director saw value at lower price levels rather than chasing the stock upward. This pattern of stepping up to buy on weakness, combined with the significant size of the second transaction relative to his existing holdings, indicates conviction that the current valuation has become attractive. For a fund holding long-term capital allocation responsibility, this dual-tranche approach and willingness to add size during a pullback merit attention as a signal of internal confidence in the fund's prospects.

Director Zalenko Neal F. adds 2,400 shares ($26.5K) in 2 purchases at GRF; holdings +11.9% to 22.6K shares

Director Zalenko Neal F. executed 2 separate purchases totaling 2,400 shares for $26,516.00 at a blended average price of $11.05, raising his post-transaction holdings to 22,616 shares. The purchases occurred at $11.09 and $10.99, both near the current price of $11.09 and within the 52-week range. At the same ticker (GRF), his prior 5 trades show mixed measurable results: the most recent prior buy (2026-02-02) is too new to evaluate, but earlier purchases from January and December 2025 posted 30-day returns ranging from +0.8% to +7.0%. His cross-ticker track record across all open-market buys demonstrates a 100.00% 90-day win rate with an average 90-day return of +5.1%, though none of his prior transactions at GRF have yet reached the 90-day measurement window to confirm whether that pattern repeats at this specific holding.

Director Zalenko buys 500 GRF shares at $10.80; 5th GRF purchase in 3 months; prior trades at this ticker averaged +6.9% in 30 days.

Zalenko, a GRF director, purchased 500 shares at $10.80 on 2026-02-02, adding to a concentrated pattern of five open-market buys at this single ticker over the prior three months. His prior four GRF purchases (all within November-January) averaged +6.9% in 30-day returns, with outcomes of +5.8%, +7.0%, and +7.0% where measurable. The current price of $11.06 reflects +2.4% appreciation in the past 30 days—modest relative to his prior entry timing at GRF, but within the 52-week range of $9.15–$11.57. His cross-ticker track record shows a 100.00% 90-day win rate across 9 prior buys, though no prior GRF purchases have yet reached measurable 90-day outcomes to assess if the pattern holds at this specific fund. The frequency and consistency of his GRF accumulation over three months warrants tracking of whether the entry cluster at this discount to the 52-week high reflects material conviction specific to the fund.

Director Zalenko Neal F. bought 661 shares at blended average $10.90 across 2 purchases at GRF (currently $10.70)

Zalenko Neal F., a director at Eagle Capital Growth Fund, made 2 separate open-market purchases totaling 661 shares for $7,202.68 on 2026-01-09 and 2026-01-13, raising his stake from 18,467 shares to 19,128 shares (+3.6%). The purchases occurred at $10.84 and $11.00 per share, above the current price of $10.70. His recent trading history at GRF shows consistent acquisitions over the past two months, with all 5 prior same-ticker buys posting positive 30-day returns (ranging from +2.0% to +7.0%). However, these recent trades lack sufficient time for 90-day outcome measurement. While his cross-ticker track record demonstrates a 100% win rate on 7 prior buys with +6.3% average 90-day return, that track record provides limited predictive value for timing at this specific ticker.

Director Zalenko Neal F. purchases 1,025 shares at $10.00 across 2 transactions; holdings now 17,862 shares (17.9K shares).

Zalenko Neal F., a Director of Eagle Capital Growth Fund, Inc., executed 2 separate purchases totaling 1,025 shares for $10,250.00 ($10.00 blended average) on December 1–2, 2025. His holdings increased 6.1% to 17,862 shares (17.9K shares) post-transaction. At the current price of $10.05, the stock trades -9.8% below its 52-week high of $11.14 and has declined 6.8% over 30 days and 6.3% over 90 days. Zalenko's cross-ticker track record shows 5 prior buys with an average 90-day return of +6.3% and a 100% win rate, though his same-ticker history at GRF comprises 5 recent buys (November 2025, plus one from May 2023 showing +6.3% 90-day return), with four outcomes not yet measurable. The pattern of accumulation in a declining market, combined with Zalenko's historical buy accuracy elsewhere, warrants monitoring of how this position performs in the coming weeks.

Director Zalenko Neal F. bought 1,000 shares of GRF at $10.13 on 2025-11-25; stock now down 11.1% from 52-week high. Fourth buy in eight days.

Zalenko Neal F. purchased 1,000 shares at $10.13, expanding his position from 15,837 to 16,837 shares (+6.3%). This is the fourth open-market purchase at GRF in eight days (buys on 2025-11-07, 2025-11-17, 2025-11-18, and 2025-11-25), occurring in a period when the stock has declined 7.1% over 30 days and is trading 11.1% below its 52-week high of $11.14. His cross-ticker track record shows 4 prior buys with a 100.00% 90-day win rate and average 90-day return of 6.3%, but the three most recent same-ticker purchases at GRF (2025-11-07, 2025-11-17, 2025-11-18) are too recent to measure outcomes. Only one prior same-ticker trade from 2023-05-09 is measurable, showing a 6.3% 90-day return. The cluster of four purchases within eight days, combined with his strong historical cross-ticker performance, merits monitoring for whether this apparent accumulation pattern reflects conviction in the recovery or price trajectory.

Director Zalenko buys 1,511 shares at avg $10.75 for $16,237.04; holds 15.8K shares (+10.5%)

Director Neal F. Zalenko executed 2 separate purchases totaling 1,511 shares for $16,237.04 at a blended average price of $10.75 on consecutive days (2025-11-17 and 2025-11-18), increasing his holdings by 10.5% to 15.8K shares. The current price of $10.64 sits 4.5% below the 52-week high and down 4.5% over 30 days, yet shows positive momentum over 90 days (+6.1%), consistent with his prior same-ticker purchase on 2025-11-07 which showed measurable gains in historical context. His cross-ticker track record demonstrates a 100% win rate on 2 prior buys with a 90-day average return of +6.3%, though measurable outcomes at GRF specifically are limited to one historical trade (2023-05-09) showing +6.3% over 90 days.