Ralph W. Bradshaw - 22 May 2025 Form 4 Insider Report for CORNERSTONE TOTAL RETURN FUND INC (CRF)

Role: President, Director
Signature: /s/ Ralph Bradshaw
Issuer symbol: CRF
Transactions as of: 22 May 2025
Net transactions value: +$18,080
Form type: 4
Filing time: 27 May 2025, 17:00:07 UTC
Previous filing: 29 Jun 2022
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
BRADSHAW RALPH W	President, Director	1075 HENDERSONVILLE ROAD, SUITE 250, ASHEVILLE	/s/ Ralph Bradshaw	27 May 2025	0001107682

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CRF	Common Stock	Options Exercise	$18,080	+2,594	+16%	$6.97	18,636	22 May 2025	Direct	F1, F2
holding	CRF	Common Stock						54,716	22 May 2025	By IRA	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Non-transferable rights were issued to stockholders of record as of April 21, 2025 in connection with a rights offering by the Issuer at the rate of one right for each share of common stock owned. Every three rights received by the holder entitled such holder to purchase one share of common stock and fully-subscribed holders were entitled to oversubscribe for additional shares if available. Purchases made pursuant to the rights offering are reflected in this filing.
F2	The total shares in column (5) includes 36,229 shares acquired through the Issuer's dividend reinvestment plan since the reporting person's previous Form 4 filing.

Content

Non-transferable rights were issued to stockholders of record as of April 21, 2025 in connection with a rights offering by the Issuer at the rate of one right for each share of common stock owned. Every three rights received by the holder entitled such holder to purchase one share of common stock and fully-subscribed holders were entitled to oversubscribe for additional shares if available. Purchases made pursuant to the rights offering are reflected in this filing.

The total shares in column (5) includes 36,229 shares acquired through the Issuer's dividend reinvestment plan since the reporting person's previous Form 4 filing.