Form 4: Credit Suisse Asset Management Income Fund Director Laura DeFelice Acquires Shares

Laura DeFelice, Chair of the Board at Credit Suisse Asset Management Income Fund, purchased 40,766 shares of common stock at $2.92 per share on January 21, 2025.

Summary

• Laura DeFelice, who serves as the Chair of the Board for Credit Suisse Asset Management Income Fund, acquired 40,766 shares of the company's common stock.
• The transaction occurred on January 21, 2025.
• The shares were purchased at a price of $2.92 each.
• Following the transaction, Ms. DeFelice's total holdings increased to 47,402 shares.

Sentiment

Score: 6

Explanation: The document reflects a routine insider transaction, which is neither significantly positive nor negative. The purchase by a director is a mild positive signal.

Positives

• The purchase of shares by a director can be seen as a positive sign of confidence in the company's future prospects.

Industry Context

This is a standard SEC Form 4 filing, which is common for corporate insiders who trade their company's stock. It provides transparency into the transactions of key personnel.

Comparison to Industry Standards

• Form 4 filings are a standard practice for publicly traded companies in the US, ensuring transparency of insider transactions.
• The transaction is similar to other insider purchases in the asset management industry, where directors and officers often acquire shares as part of their compensation or investment strategy.
• The size of the transaction is not unusual for a director's purchase, and the price is consistent with the market price at the time of the transaction.

Stakeholder Impact

• The share purchase by a director may have a slightly positive impact on shareholder confidence.

Key Dates

Keywords

Credit Suisse Asset Management Income Fund, Laura DeFelice, share purchase, insider trading, common stock, director, beneficial ownership