Jerald Benjamin Hayes sold $23k of NICHX
Investment Adviser at Variant Alternative Income Fund. 856 shares at an average of $26.83, traded Dec 16, 2025, filed Dec 23, 2025.
Score components
- +15RoleOfficer
- 0Trade size$23k at market
- 0Share of holdings soldSold 2.9% of holdings
- 0ClusterNo other insider selling within 14 days
What happened after comparable sells
Same side and tier, against the S&P 500, at 1, 3 and 6 months. Shown to Pro users; the whole table is on the backtest page.
This signal so far: 1m -0.1%, 3m +1.3%, 6m +2.7%.
Price around the trade, and since
From a quarter before the trade to today. The arrow is the trade, the circle the day the filing reached EDGAR, which is the first day anyone outside could act; the dotted line is the S&P 500 rebased to that day's close.
Daily candles, adjusted for splits and dividends. Green arrows are insider buys, red are sells, sized by value; the dashed line is the close on the filing day, the dotted line SPY rebased to it.Charts by TradingView Lightweight Charts™
Rows in this filing
Every transaction in Form 4 0001213900-25-125000, as filed. Open on EDGAR
| Date | Transaction | Shares | Price | Value | Holdings after | Filed |
|---|---|---|---|---|---|---|
| Dec 16, 2025 | SOpen-market sale Institutional Class Shares | -856 | $26.83 | $23k | 28,689 | Dec 23, 2025 |
Related signals
Other insiders at Variant Alternative Income Fund and this insider’s other filings.
| Score | Company | Insider | Value | Holdings | Filed |
|---|---|---|---|---|---|
| 38Weak | NICHXsell Variant Alternative Income Fund | Jerald Benjamin Hayes Investment Adviser | $616k 22,976 shares | -44% |
Not investment advice. Scores and forward returns are decision support built from public SEC filings and past prices; they describe what happened after comparable filings, not what will happen after this one. Do your own research and size your risk.