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
- On May 16, 2024, Elizabeth Ward Chicares, an Adviser Board Member of Barings Corporate Investors (MCI), reported a transaction.
- The transaction involved the acquisition of 24.5433 shares of beneficial interest through the MassMutual Non-Qualified Thrift Plan at a price of $17.63 per share.
- Following the reported transaction, Ms. Chicares beneficially owns 59,367.034 shares of Barings Corporate Investors.
- These shares are held directly and are part of a non-qualified compensation deferral plan where the value is derived from the market value of Barings Corporate Investors' common shares.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Industry Context
This filing is a routine disclosure related to changes in beneficial ownership by an insider, which is a common occurrence for publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 05/16/2024 | Date of transaction: acquisition of shares through MassMutual Non-Qualified Thrift Plan |
| 05/17/2024 | Date of signature on the Form 4 filing |
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