Jerald Benjamin Hayes - SEC Form 4 Insider Trading Activity
Summary
Updated Aug 4, 2026
Jerald Benjamin Hayes is a corporate insider tracked by InsiderAlpha. No SEC Form 4 filings recorded in the last 90 days. Lifetime open-market purchases: $1.27M. Lifetime open-market sales: $639K.
Profile
Jerald Benjamin Hayes holds the role of Investment Adviser at Variant Alternative Income Fund (NICHX). Hayes's filing history also covers Variant Alternative Lending Fund (XALFX). Hayes has reported 5 insider filings with the SEC since 2024. The most recent filing was in December 2025.
| Role | Investment Adviser |
|---|---|
| Notability | 20/100 |
Board memberships
- Variant Alternative Income Fund
- Variant Alternative Lending Fund
Reported roles
- Investment Adviser
Trading Pattern
InsiderAlpha's records for Jerald Benjamin Hayes go back to 2024: 3 primary Form 4 filings, an average of 1.0 per year. The typical open-market purchase is $1.27M (1 buy totaling $1.27M). The largest single buy on record is $1.27M of XALFX in 2024. Sales side: 2 recorded sales totaling $639K, so the filing history runs buy-heavy by dollar value. No transaction on record carries a Rule 10b5-1 flag - the filings look discretionary rather than pre-scheduled, which makes their timing more informative as a signal.
Career & Filing History
Every role Jerald Benjamin Hayes has reported on a Form 4, reconstructed from the filings themselves - reporting insiders must state their relationship to the issuer (officer title, director seat, or 10% ownership) on every filing.
- Investment Adviser at Variant Alternative Income Fund (NICHX) - 1 filing, 2025
- Insider at Variant Alternative Income Fund (NICHX) - 1 filing, 2025
- Insider at Variant Alternative Lending Fund (XALFX) - 1 filing, 2024
Recent Transactions
| Date | Ticker | Company | Code | Shares | Price | Value |
|---|---|---|---|---|---|---|
| 2025-12-23 | NICHX | Variant Alternative Income Fund | S - Open-market sale | 856 | $26.83 | $23K |
| 2025-12-18 | NICHX | Variant Alternative Income Fund | S - Open-market sale | 23.0K | $26.83 | $616K |
| 2024-12-05 | XALFX | Variant Alternative Lending Fund | P - Open-market purchase | 50.0K | $25.37 | $1.27M |
Most Active Insiders Right Now
Jerald Benjamin Hayes has no recent co-filers at the same companies, so here are the insiders with the largest open-market activity across the market in the last 90 days.
- MetLife Investment Management, LLC - $1600000.00B of FINS open-market activity in the last 90 days
- Magnetar Financial LLC - $16357.48B of CRWV open-market activity in the last 90 days
- Marianne Okland - $18.46B of STNG open-market activity in the last 90 days
- VisionWave Holdings, Inc. - $14.13B of SVRE open-market activity in the last 90 days
- Vanessa Allen Sutherland - $7.44B of PSX open-market activity in the last 90 days
- AI Alpine (Luxembourg) S.a.r.l. - $2.69B of INIO open-market activity in the last 90 days
More Notable Insiders
Other corporate insiders with significant SEC Form 4 track records on InsiderAlpha:
- Marc Johnson
- James Jones
- Andrew T. Kaplan
- A. J. Kazimi
- Michael John Kazley
- Kennedy Lewis Investment Holdings II LLC
- KENNEDY LEWIS MANAGEMENT LP
- James M. Kilts
Frequently Asked Questions
Who is Jerald Benjamin Hayes?
Jerald Benjamin Hayes holds the role of Investment Adviser at Variant Alternative Income Fund (NICHX). Hayes's filing history also covers Variant Alternative Lending Fund (XALFX). Hayes has reported 5 insider filings with the SEC since 2024. The most recent filing was in December 2025.…
Has Jerald Benjamin Hayes been buying or selling stock?
Recorded transactions: 1 open-market purchase ($1.27M) and 2 open-market sales ($639K) across all tracked filings.
Where can I see all of Jerald Benjamin Hayes's SEC filings?
All Form 4 filings, transaction values, and 10b5-1 plan flags are listed on this page and updated in real time as new SEC EDGAR filings are processed.
Learn More
Open the live Jerald Benjamin Hayes profile on InsiderAlpha for real-time alerts, AI-scored trade ideas, and full transaction history.