A Form 4 filed with the SEC on August 24, 2026 reports that Connie D. McDaniel, a director of Virtus Equity & Convertible Income Fund, purchased common stock on August 20, 2026.

Key Highlights

  • Reporting person: Connie D. McDaniel, identified as a Director of Virtus Equity & Convertible Income Fund.
  • Transaction: 245 shares of Common Stock acquired (transaction code P) on August 20, 2026.
  • Price paid: $26.3693 per share.
  • Post-transaction ownership: 471 shares of Common Stock held directly following the reported transaction.
  • No derivative securities: Table II reports no derivative security transactions.

McDaniel's Common Stock Purchase in Virtus Equity & Convertible Income Fund

According to the filing, Connie D. McDaniel, whose address is listed as c/o Virtus Investment Partners, Inc., One Financial Plaza, 26th Floor, Hartford, Connecticut 06103, reported a purchase of 245 shares of Common Stock in Virtus Equity & Convertible Income Fund (NYSE:NIE) on August 20, 2026. The transaction code reported is "P," indicating an open-market purchase. The per-share price disclosed is $26.3693.

Following this transaction, the filing states that McDaniel directly beneficially owns 471 shares of Common Stock. The form was filed on August 24, 2026, and signed by Kathryn Santoro as Attorney-in-Fact on that date. The filing was made pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940, as indicated on the form cover.

Table II of the filing, covering derivative securities such as puts, calls, warrants, options, and convertible securities, contains no reported transactions or holdings for this reporting person.

What Was Disclosed

The filing discloses a single open-market purchase of 245 shares of Common Stock at $26.3693 per share by Director Connie D. McDaniel on August 20, 2026, resulting in direct beneficial ownership of 471 shares following the transaction.