TOTH TERENCE J purchased $72K of NAD
TOTH TERENCE J purchased 7,090 shares of Nuveen Quality Municipal Income Fund (NAD) at an average of $10.13 ($10.12–$10.13) across 4 trades on 2026-10-14.
How this was made
The 30-second read
Why it matters
The transaction is unlikely to affect NAD's price due to its small size relative to the fund's assets.
Market read
Minimal relevance; the filing provides a routine insider purchase with limited trading implications.
What to watch
Potential future larger purchases or cumulative insider activity could become material if trends develop.
Background
SEC Form 4 filings disclose insider transactions. This filing reports a modest purchase of NAD shares by an insider.
Ticker impact
Form 4 shows insider Terence J. Toth bought 7,090 shares of NAD for $71.8K, increasing his holding to 11,221 shares.
little to no price movement as the transaction size is modest.
The purchase amount is under $100K and represents a tiny fraction of the fund's float, so traders are unlikely to react.
Market effects
None significant for municipal bond sector.
No regional impact.
Not relevant globally.
Counterpoint
Even small insider buys can signal confidence, but the amount is too small to infer material insight.
Key entities
- companyNuveen Quality Municipal Income Fund
Closed-end municipal bond fund listed on NYSE under ticker NAD.
- personTerence J. Toth
Insider reporting a purchase of NAD shares.