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 payable based on the net asset value of Common Shares of the Issuer.
Summary
- On April 1, 2024, John C. Salter, a trustee of DoubleLine Income Solutions Fund, reported changes in his beneficial ownership of the company's common shares.
- The transaction involved interests payable based on the net asset value of Common Shares of the Issuer.
- Salter acquired 298.567 common shares at a price of $12.56, bringing his total indirect ownership to 12,679.37 shares.
- These interests are held through a deferred compensation plan, with the number of shares represented by each notional investment determined by reference to the net asset value of the Issuer as of a particular date.
- The interests are settled at the end of a deferral period in accordance with the terms of the 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 insiders of publicly traded companies, providing transparency into their transactions and holdings.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the transactions of a key insider.
Key Dates
| Date | Description |
|---|---|
| 04/01/2024 | Date of transaction involving the acquisition of common shares. |
| 04/03/2024 | Date of signature for the Form 4 filing. |
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