Andrew Dakos - 02 Jun 2026 Form 4 Insider Report for SPECIAL OPPORTUNITIES FUND, INC. (SPE)

Reporting relationship: President and CEO, Director, Affiliate of Adviser
Issuer ticker: SPE
Reported as of: 02 Jun 2026
Net transaction value: -$95,117
SEC form: 4
Accepted by SEC: 04 Jun 2026, 16:11:03 UTC
Prior SEC filing: 29 May 2026
Next SEC filing: 07 Jul 2026
Source filing: View source filing
Reporting owner signature: /s/ Stephanie Darling, Power of Attorney for Andrew Dakos

Key filing fact

Andrew Dakos filed Form 4 for SPECIAL OPPORTUNITIES FUND, INC. (SPE) on 04 Jun 2026.

Key facts

This page summarizes Andrew Dakos's Form 4 filing for SPECIAL OPPORTUNITIES FUND, INC. (SPE).
4 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 04 Jun 2026, 16:11.

Change

Previous filing in this sequence was filed on 29 May 2026.
Current net transaction value: -$95,117.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001341021 Primary reporting owner

Dakos Andrew

Relationship: President and CEO, Director, Affiliate of Adviser
Address: 250 PEHLE AVE., SUITE 708, SADDLE BROOK
Signature: /s/ Stephanie Darling, Power of Attorney for Andrew Dakos
Signature date: 04 Jun 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

SPE transaction

Common Stock

Sale

Transaction value: $15,100
Shares: -1,077
Change %: -17%
Price: $14.02
Shares after: 5,184
Date: 02 Jun 2026
Ownership: Direct
Footnotes: F2

SPE transaction

Common Stock

Sale

Transaction value: $73,146
Shares: -5,184
Change %: -100%
Price: $14.11
Shares after: 0
Date: 03 Jun 2026
Ownership: Direct
Footnotes: F1

SPE transaction

Common Stock

Sale

Transaction value: $1,871
Shares: -133
Change %: -100%
Price: $14.07
Shares after: 0
Date: 03 Jun 2026
Ownership: By Limited Partnership
Footnotes: F3, F4

SPE holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 5,038
Date: 02 Jun 2026
Ownership: By Spouse
Footnotes: F2, F3

SPE holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 807
Date: 02 Jun 2026
Ownership: By minor children
Footnotes: F2, F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

SPE transaction Derivative

2.75% Cconvertible Preferred Stock, Series C

Sale

Transaction value: $5,000
Shares: -200
Change %: -100%
Price: $25.00
Shares after: 0
Date: 02 Jun 2026
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 343
Exercise price: $0.000000
Footnotes: F5, F6

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 6 footnotes

Footnote F1

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $14.04 to $14.24, inclusive. The reporting person hereby undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.

Footnote F2

Amount includes shares acquired through the issuer's in-kind stock distribution in January 2026.

Footnote F3

The Reporting Person disclaims beneficial ownership of the securities held Indirectly, and this report should not be deemed an admission that the Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purposes.

Footnote F4

Shares were acquired by the limited partnership through the issuer's in-kind stock distribution in January 2026.

Footnote F5

The shares of Preferred Stock are convertible into common stock immediately upon issuance at a conversion ratio which is subject to adjustment. The current conversion ratio is equal to 1.7190 shares of common stock for each share of Preferred Stock held.

Footnote F6

The shares of Preferred Stock will be redeemed by the Issuer if not converted prior to January 21, 2027.