Bill Maher - 10 Oct 2025 Form 4 Insider Report for ABRDN JAPAN EQUITY FUND, INC. (JEQ)

Reporting relationship: Director
Issuer ticker: JEQ
Reported as of: 10 Oct 2025
Net transaction value: $0
SEC form: 4
Accepted by SEC: 14 Oct 2025, 16:29:08 UTC
Prior SEC filing: 10 Oct 2025
Next SEC filing: 17 Jun 2026
Source filing: View source filing
Reporting owner signature: /s/ Lucia Sitar, by POA from Reporting Person

Key filing fact

Bill Maher filed Form 4 for ABRDN JAPAN EQUITY FUND, INC. (JEQ) on 14 Oct 2025.

Key facts

This page summarizes Bill Maher's Form 4 filing for ABRDN JAPAN EQUITY FUND, INC. (JEQ).
3 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 14 Oct 2025, 16:29.

Change

Previous filing in this sequence was filed on 10 Oct 2025.
Current net transaction value: $0.

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 0001289076 Primary reporting owner

Maher Bill

Relationship: Director
Address: C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILADELPHIA
Signature: /s/ Lucia Sitar, by POA from Reporting Person
Signature date: 14 Oct 2025

Reported non-derivative transactions

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

JEQ transaction

Common Stock

Other

Transaction value
Shares: -364
Change %: -100%
Price
Shares after: 0
Date: 10 Oct 2025
Ownership: Direct
Footnotes: F1

JEQ transaction

Common Stock

Other

Transaction value
Shares: -295
Change %: -100%
Price
Shares after: 0
Date: 10 Oct 2025
Ownership: By Spouse
Footnotes: F1

JEQ transaction

Common Stock

Other

Transaction value
Shares: -590
Change %: -100%
Price
Shares after: 0
Date: 10 Oct 2025
Ownership: By Self as Owner of Maher/Goldhammer Revocable Trust
Footnotes: F1

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

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 1 footnote

Footnote F1

Effective as of October 10, 2025, abrdn Japan Equity Fund, Inc. (the "Target Fund") was reorganized into the abrdn Global Infrastructure Income Fund. (the "Acquiring Fund," and such reorganization, the "Reorganization"). In the Reorganization, common shareholders of the Target Fund received common shares of the Acquiring Fund having a value equal to the aggregate NAV of the Target Fund common shares surrendered as determined at the close of business on October 10, 2025, less the costs of the Reorganization (although cash was distributed for any fractional shares). As of October 10, 2025, the Target Fund reported a NAV per share of $7.9308 and the Acquiring Fund reported a NAV per share of $29.959. The conversion ratio for the Target Fund's common shares was 0.378399. In the Reorganization, the Reporting Person received 361 common shares of the Acquiring Fund in exchange for his 954.4984 common shares of the Target Fund.