BofA (10% owner) buys 3.2K NBH shares at $10.26, sells 3.2K at $10.11 same day; net zero position
Bank of America executed offsetting transactions in Neuberger Municipal Fund on 2026-05-20, purchasing 3,200 shares for $32,832.00 while simultaneously selling 3,200 shares across two separate sales for a combined $32,354.88, resulting in zero post-transaction holdings. The buy occurred at $10.26 while the concurrent sales occurred at $10.11, a price differential that reflects intraday market movement. BofA's cross-ticker track record shows a 90-day well-timed rate of 100.00% for prior sells, though this metric applies to the insider's historical behavior across all holdings, not predictive of this specific trade's outcome. The offsetting nature and immediate completion suggest this was a rebalancing execution rather than a directional conviction signal.