Form 4: Barings Corporate Investors: Elizabeth Ward Chicares Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Elizabeth Ward Chicares, an Adviser Board Member at Barings Corporate Investors, reports changes in beneficial ownership related to a non-qualified thrift plan.
Summary
- This Form 4 filing details changes in beneficial ownership for Elizabeth Ward Chicares, an Adviser Board Member at Barings Corporate Investors [MCI].
- The transaction involves holdings in a MassMutual Non-Qualified Thrift Plan.
- On May 30, 2024, 24.6834 common shares were acquired at a price of $17.53 per share.
- Following the reported transaction, the reporting person beneficially owns 59,391.7174 shares.
- The shares are held directly and are exercisable only upon termination, retirement, or other plan-permitted events.
- The plan holdings can be liquidated and reallocated into other plan investment options by the participant.
- The derivative has no actual securities underlying the plan agreement, which is entirely notional.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, ensuring transparency and compliance with SEC regulations.
Key Dates
| Date | Description |
|---|---|
| 05/30/2024 | Date of transaction: acquisition of common shares through MassMutual Non-Qualified Thrift Plan |
| 05/31/2024 | Date of signature by attorney-in-fact |
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