Form 4: DoubleLine Opportunistic Credit Fund Trustee Reports Acquisition of Common Shares
SEC Form 4 Filing
John C. Salter, a trustee of DoubleLine Opportunistic Credit Fund, reports acquiring interests equivalent to 239.158 common shares through a deferred compensation plan.
Summary
- On October 1, 2024, John C. Salter, a trustee of DoubleLine Opportunistic Credit Fund [DBL], acquired interests equivalent to 239.158 common shares.
- The acquisition was made through a deferred compensation plan.
- The price per share was $15.68.
- Following the transaction, Salter beneficially owns 11,106.029 common shares indirectly through the deferred compensation plan.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing. It doesn't convey any positive or negative sentiment about the company's performance or prospects.
Future Outlook
Interests are settled at the end of a deferral period in accordance with the terms of a deferred compensation plan.
Industry Context
This filing is a routine disclosure of changes in beneficial ownership by a company insider, as required by the SEC. It provides transparency to investors regarding the holdings and transactions of key individuals within the company.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the holdings of a key company insider.
Key Dates
| Date | Description |
|---|---|
| 10/01/2024 | Date of transaction where interests equivalent to common shares were acquired. |
| 10/03/2024 | Date of report filing. |
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