Monitor Saba Capital's continued selling pattern; the insider buy by Rieder is small and does not offset the 10% owner's recent sales. No immediate catalyst expected.
Price Chart
Executive Summary
A mixed insider cluster at BlackRock ESG Capital Allocation Term Trust (ECAT) shows insider Richard Rieder buying $567K and 10% owner Saba Capital selling $513K, totaling $1.08M (0.06% of market cap). The small size relative to market cap and balanced direction make this routine, though Saba's additional selling in the same week warrants monitoring.
Key Financial Metrics
Key Facts
- Insider Richard M. Rieder bought 35,700 shares at $15.86 for $567K on 2026-07-13.
- 10% owner Saba Capital Management sold 32,854 shares at $15.62 for $513K on 2026-07-16.
- Total cluster value of $1.08M represents ~0.06% of ECAT's $1.7B market cap.
- Cross-filing context shows Saba sold an additional $2.3M in ECAT shares on 2026-07-15 and 2026-07-17.
Financial Impact
Trivial — total insider activity is 0.06% of market cap.
Risk Factors
- Further selling by Saba Capital could pressure the stock.
- Insider buying is too small to signal strong conviction.
Market Snapshot
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-ECAT-1784613776357 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 21, 2026 5w ago | SC 13D/A | $14.15 $13.19 | ▲ +6.80% | ▲ +5.90% | $13.30 (+6.03%) |
Aug 5, 2026 11w ago | 3 | $15.52 $15.29 | ▼ −1.48% | ▼ −2.08% | $13.30 (−14.30%) |
Jul 21, 2026 13w ago | Insider Cluster | $15.40 $15.23 | ▼ −1.10% | ▼ −4.00% | $13.30 (−13.64%) |
Jul 20, 2026 14w ago | Insider Cluster | $15.40 $15.41 | ▲ +0.06% | ▼ −4.06% | $13.30 (−13.64%) |
Jul 16, 2026 14w ago | Insider Cluster | $15.31 $15.48 | ▲ +1.11% | ▼ −3.34% | $13.30 (−13.13%) |
Jul 15, 2026 14w ago | Insider Cluster | $15.65 $15.82 | ▲ +1.09% | ▼ −1.26% | $13.30 (−15.02%) |
Jul 15, 2026 14w ago | Insider Cluster | $15.65 $15.82 | ▲ +1.09% | ▼ −1.26% | $13.30 (−15.02%) |
Jun 2, 2026 20w ago | DEFA14A | $14.27 $14.70 | ▲ +2.96% | ▲ +3.96% | $13.30 (−6.83%) |
May 13, 2026 23w ago | DEFA14A | $15.34 $15.27 | ▼ −0.46% | ▲ +0.40% | $13.30 (−13.28%) |
May 7, 2026 24w ago | DFAN14A | $13.50 $14.04 | ▲ +3.95% | ▲ +3.13% | $13.30 (−1.51%) |
US Market Status
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