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

William A. Siffermann, Vice President of Nuveen Credit Strategies Income Fund, acquired 111 shares of common stock through the exercise of subscription rights in a pro rata rights offering.

Summary

• On May 5, 2025, William A. Siffermann, Vice President of Nuveen Credit Strategies Income Fund, acquired 111 shares of common stock.
• The acquisition was a result of exercising subscription rights allocated to Siffermann in a pro rata rights offering conducted by the Issuer.
• The price of the subscription right was $5.09.
• The shares were acquired at a price of $0.0000.

Sentiment

Score: 5

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

Industry Context

This filing is a routine disclosure of insider transactions, which are common in the investment management industry. It provides transparency into the actions of company officers and their investment decisions related to the fund they manage.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies and investment funds, ensuring compliance with SEC regulations.
• Similar filings are made by officers and directors of other closed-end funds like BlackRock Enhanced Equity Dividend Trust (BDJ) and Eaton Vance Tax-Managed Diversified Equity Income Fund (ETY) 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 activity.

Key Dates

Keywords

Form 4, Nuveen Credit Strategies Income Fund, JQC, William A. Siffermann, Subscription Rights, Pro Rata Rights Offering, Insider Trading, Beneficial Ownership, Section 16, Officer