Form 4: Charles Prince Reports Change in Beneficial Ownership of Lord Abbett Credit Opportunities Fund Due to Director Resignation

Charles Prince, a former director of Lord Abbett Credit Opportunities Fund, filed a Form 4 indicating changes in beneficial ownership following his resignation from the board on July 5, 2024.

Summary

• Charles Prince, a former director of Lord Abbett Credit Opportunities Fund (LCRDX), filed a Form 4 with the SEC.
• The filing indicates a change in beneficial ownership due to Prince's resignation as a director on July 5, 2024.
• The form details transactions related to non-derivative and derivative securities, but no specific transactions are listed in the provided document excerpt.
• Randolph A. Stuzin, acting as Attorney-in-Fact, signed the report on Prince's behalf on July 9, 2024.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing related to a director's resignation. It doesn't contain information that would significantly sway investor sentiment positively or negatively.

Industry Context

Form 4 filings are standard practice when a company insider, such as a director, experiences a change in their beneficial ownership of the company's securities. This filing ensures transparency and compliance with SEC regulations.

Management Changes

Stakeholder Impact

• Shareholders are informed of changes in the company's leadership and insider ownership.
• The company maintains compliance with SEC regulations.

Key Dates

Keywords

Form 4, Beneficial Ownership, Lord Abbett Credit Opportunities Fund, LCRDX, Director Resignation, SEC Filing, Charles Prince