Form 4: DoubleLine Income Solutions Fund: Trustee John C. Salter Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4 Filing


Trustee John C. Salter reports changes in beneficial ownership of DoubleLine Income Solutions Fund shares due to interests held through a deferred compensation plan.

Summary

  • On July 1, 2024, John C. Salter, a trustee of DoubleLine Income Solutions Fund, reported changes in his beneficial ownership of the fund's common shares.
  • These changes are related to interests held through a deferred compensation plan.
  • Salter acquired 303.644 common shares at a price of $12.35, increasing his indirect holdings to 13,325.506 shares.
  • The interests are payable based on the net asset value of Common Shares of the Issuer.
  • The amount and values above are treated as notional investments in Common Shares of the Issuer under the deferred compensation plan.
  • Interests are settled at the end of a deferral period in accordance with the terms of a deferred compensation plan.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral.

Industry Context

This filing is a routine disclosure required by the SEC for individuals with significant holdings in publicly traded companies. It provides transparency regarding the transactions of company insiders.

Stakeholder Impact

  • The filing provides transparency to shareholders regarding the transactions of a key insider.

Key Dates

DateDescription
07/01/2024Date of transaction: Acquisition of common shares through deferred compensation plan.
07/02/2024Date of report filing.

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