Daniel R. Trolio, Executive VP and CFO at Horizon Technology Finance, bought HRZN on Jun 10, 2026

Data as of Oct 16

▲ BUY$49.9K11,500 shares at $4.34Daniel R. Trolio Executive VP and CFOHRZN Horizon Technology Finance Corp

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Traded: Jun 10, 2026
Disclosed: Jun 10, 2026
Filed: The same day

Form 4s are due within two business days.

Official filing (SEC Form 4) ↗

The price around the disclosure

HRZNSimilar stocks (S&P 500 (SPY)), rebased to HRZN's price on the disclosure day

HRZN since disclosure

−3.4%

Similar stocks (SPY) since disclosure

+5.2%

S&P 500 (SPY)

Change in closing price from Jun 10, 2026 (the first trading day on or after disclosure) to Oct 16, 2026. Dividends excluded. Not a return anyone earned.

Our take

⚪ CFO buys $25K+ of own stock — fired on this trade
Not enough evidence · In past tests: 3.6 percentage points better than similar stocks over 3 months · 2,178 tries
⚪ CFO buys $25K+ of own liquid stock — fired on this trade
Not enough evidence · In past tests: 2.0 percentage points better than similar stocks over 3 months · 1,426 tries

What this rule is doing with HRZN right now

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