Director Morgan Herbert William purchases $20K in PIIVX shares, boosting position by 49%—third open-market buy.
Morgan Herbert William, a director, made an open-market purchase of roughly 412 shares for approximately $20,000, increasing his stake by nearly half—a material move that represents his third open-market purchase in the 36-month tracking window. He has demonstrated a consistent buying pattern at PIIVX specifically, with two prior purchases at this same ticker, though neither has had enough time to generate measurable outcome data yet. The current transaction extends what appears to be an accumulation strategy at the fund level, buying without selling. However, without tracking comparable insider activity or material developments at the firm, this purchase stands as a single director's choice to increase exposure, grounded in his existing board-level role rather than public signals about the company's near-term prospects.
Director Morgan Herbert William purchased 465 shares of PIIVX at $42.98 on 2025-01-30, increasing holdings 124.9% to 837 shares for $20,000.01
Morgan Herbert William, a director, purchased 465 shares of PIIVX at $42.98 on 2025-01-30, representing a substantial 124.9% increase relative to pre-transaction holdings of 372 shares. This is the director's second open-market transaction at this ticker, following a prior buy on 2024-09-18; across all tickers, he has completed only 1 prior buy, indicating this is an active but limited trading pattern. The materiality of the transaction at $20,000.01 in absolute terms and the scale of the accumulation relative to existing holdings warrant investor attention to the director's assessment of value, though without current price context or fundamental details, the transaction stands as a factual data point in an emerging pattern of repeated accumulation at this fund.
Director Morgan Herbert William acquired 372 shares of PIIVX at $40.27 on 2024-09-18 for $15,000.01
Morgan Herbert William, a director, purchased 372 shares of Private Shares Fund (PIIVX) at $40.27 on 2024-09-18 for a total value of $15,000.01, with this purchase moving his holdings from 0 to 372 shares. This initial acquisition represents a modest entry into the fund by the director. Without context on the director's broader investment strategy, fund performance, or the significance of this position relative to his overall portfolio, the transaction appears routine in scale and represents a new position establishment rather than a material accumulation.
