Form 4: Elizabeth Ward Chicares Reports Changes in Beneficial Ownership of Barings Corporate Investors (MCI)
SEC Form 4 Filing
Elizabeth Ward Chicares, an Adviser Board Member of Barings Corporate Investors, reports changes in beneficial ownership due to transactions within a non-qualified thrift plan.
Summary
- This Form 4 filing details changes in the beneficial ownership of Barings Corporate Investors (MCI) shares by Elizabeth Ward Chicares.
- The reporting person is an Adviser Board Member of the issuer.
- The transaction occurred on June 13, 2024, and involves holdings within a MassMutual Non-Qualified Thrift Plan.
- The plan's investment option derives its value from the market value of Barings Corporate Investors' common shares, including reinvested dividends.
- The reported transaction involves 23.5547 shares at a price of $18.37.
- Following the transaction, the reporting person beneficially owns 60,751.8428 shares directly.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to the market.
Stakeholder Impact
- Shareholders are informed about changes in insider ownership, contributing to market transparency.
Key Dates
| Date | Description |
|---|---|
| 06/13/2024 | Date of transaction involving shares acquired through a MassMutual Non-Qualified Thrift Plan |
| 06/14/2024 | Date of signature by Attorney-in-Fact |
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