FLEMING SCOTT T purchased ~$124K in First Trust Intermediate Duration Preferred & Income Fund stock
First Trust Intermediate Duration Preferred & Income Fund (FPF) · Data via SEC EDGAR Form 4
Price Performance · 10 days before → 90 days after trade
▲ = insider buy date
90-day return
+5.5%vs SPY +1.4%
Trade Details · Public SEC Filing
Insider
FLEMING SCOTT T
Role
—
Transaction
Open-Market Purchase
Approx. Value
~$124K
Trade Date
Oct 5, 2022
Company
First Trust Intermediate Duration Preferred & Income Fund
Ticker
FPFSource
SEC EDGAR Form 4
Why This Trade Stands Out
Very Strong conviction signal
Scored in the top tier across multiple factors. Fewer than 5% of insider trades receive this rating.
~$124K purchase
A meaningful investment of personal capital. The average insider purchase is around $150K, putting this in the typical range for serious positions.
+5.5% in 90 days (S&P 500: +1.4%)
This trade beat the S&P 500 by 4.0 percentage points over 90 days. We track performance on every insider trade so you can see who consistently outperforms.
How good is FLEMING SCOTT T at picking stocks?
Full track record: win rate, average return, and performance vs S&P 500
On October 5, 2022, FLEMING SCOTT T — a corporate insider at First Trust Intermediate Duration Preferred & Income Fund — filed a Form 4 with the SEC disclosing an open-market purchase of approximately ~$124K in First Trust Intermediate Duration Preferred & Income Fund (FPF) stock.
Under Section 16(a) of the Securities Exchange Act of 1934, corporate insiders must report all open-market stock transactions to the SEC within two business days. These filings — known as Form 4s — are publicly available on the SEC's EDGAR database. VeritySignals filters and scores the full Form 4 stream to surface high-conviction signals like this one.
In the 90 days following this trade, FPF returned +5.5% versus +1.4% for the S&P 500 over the same period.
VeritySignals Conviction Analysis
Full Conviction Analysis
Sign up free to see signal strength details, or upgrade for the full 15-factor breakdown.
Get notified the next time FLEMING SCOTT T trades
Free alerts · No credit card · Instant notification
All data sourced from publicly available SEC Form 4 filings via EDGAR · Not financial advice · Past performance does not guarantee future results.
At a Glance
More FPF Insider Activity
FLEMING SCOTT T
Dec 14, 2023
~$247K
STRONG
FLEMING SCOTT T
Sep 15, 2022
~$160K
VS
FLEMING SCOTT T
Mar 12, 2020
~$146K
VS
How to Read Insider Trades
What is this?
When company executives buy or sell their own stock, they must report it to the SEC within 2 days. These public filings reveal what the people who know the company best are doing with their own money.
Why does it matter?
Insiders can sell for many reasons (taxes, diversification, expenses), but they generally only buy for one: they think the stock is going up. That's why insider purchases are more predictive than sales.
What makes a trade "strong"?
We score trades on 15+ factors: the insider's role (CEO > director), trade size relative to their salary, whether other insiders also bought (clusters), and historical accuracy of the insider.
Never miss a signal
Get notified when high-conviction insiders buy. Free account, no credit card.
Sign up free