Form 4: DoubleLine Income Solutions Fund: Trustee John C. Salter Reports Changes in Beneficial Ownership
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
| Date | Description |
|---|---|
| 07/01/2024 | Date of transaction: Acquisition of common shares through deferred compensation plan. |
| 07/02/2024 | Date of report filing. |
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