Eagle Capital Growth Fund's CEO Sims Luke E buys 2975 shares.

Tuesday, Oct 21, 2025 5:56 pm ET1min read

Eagle Capital Growth Fund, Inc. (GRF) recently disclosed that Director, President and Chief Executive Officer, Luke E. Sims, has made two separate purchases of company shares. On August 18, 2025, Sims acquired 975 shares at a price of $10.11 per share. Additionally, on October 17, 2025, he purchased 2,000 shares at a price of $10.75 per share.

Eagle Capital Growth Fund, Inc. (GRF), a closed-end equity mutual fund managed by Sims Capital Management LLC, has recently disclosed insider purchases by its Director, President, and Chief Executive Officer, Luke E. Sims. On August 18, 2025, Sims acquired 975 shares at a price of $10.11 per share. Additionally, on October 17, 2025, he purchased an additional 2,000 shares at a price of $10.75 per share.

These transactions were filed with the Securities and Exchange Commission (SEC) and reflect Sims' bullish sentiment towards the company's future prospects. Insider purchases can be an indicator of confidence in the company's performance and management's strategic direction.

Eagle Capital Growth Fund, Inc. (GRF) invests in the public equity markets of the United States, with a diversified portfolio across various sectors. The fund benchmarks its performance against the S&P 500 Index. The fund has a history of distributing cash dividends to shareholders, with recent distributions totaling $0.68 per share for the year ending November 29, 2024.

The company's latest annual report, filed on April 18, 2023, provides a comprehensive overview of its governance practices, financial performance, and strategic initiatives. The report highlights the fund's commitment to transparency and accountability, which is crucial for investor confidence.

These insider purchases by Sims are part of a series of recent developments at GRF, including the election of new directors and the filing of various SEC reports. The fund's management team continues to play an active role in guiding the company's growth and investment strategy.

Eagle Capital Growth Fund's CEO Sims Luke E buys 2975 shares.

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