Form 4: Nuveen Credit Strategies Income Fund: Officer Acquires Shares Through Rights Offering

Nathaniel T. Jones, Vice President and Treasurer of Nuveen Credit Strategies Income Fund, acquired 2,400 shares of common stock through the exercise of subscription rights.

Summary

• On May 5, 2025, Nathaniel T. Jones, Vice President and Treasurer of Nuveen Credit Strategies Income Fund (JQC), acquired 2,400 shares of common stock.
• The shares were acquired through the exercise of subscription rights at a price of $5.09 per share.
• Following the transaction, Jones directly owns 4,400 shares of JQC common stock.
• The acquisition of the rights was exempt from Section 16 under Rule 16a-9(b), and the acquisition of shares upon exercise was exempt under Section 16(b)-6(b).

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, indicating a neutral sentiment. It simply reports a transaction by a company officer.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, which are common in the investment management industry. It provides transparency into the trading activities of company officers.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies and their insiders, ensuring compliance with SEC regulations.
• Similar filings are made by officers and directors of other closed-end funds and investment companies, such as BlackRock, PIMCO, and Eaton Vance, when they engage in transactions involving their company's stock.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders.
• It provides transparency to shareholders regarding insider trading activities.

Key Dates

Keywords

Form 4, Nuveen Credit Strategies Income Fund, JQC, Nathaniel T. Jones, Insider Trading, Beneficial Ownership, Subscription Rights, Officer, Shares