Form 4: Nuveen Credit Strategies Income Fund: Portfolio Manager Exercises Subscription Rights
SEC Form 4 Filing
Scott C. Caraher, a Portfolio Manager at Nuveen Credit Strategies Income Fund, acquired shares through the exercise of subscription rights.
Summary
- Scott C. Caraher, a Portfolio Manager at Nuveen Credit Strategies Income Fund (JQC), filed a Form 4 disclosing a transaction.
- On May 5, 2025, Caraher exercised subscription rights to acquire 1,200 shares of common stock at a price of $0.00 per share.
- The subscription right had a price of $5.09.
- Following the transaction, Caraher directly owns 1,200 shares of Nuveen Credit Strategies Income Fund.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC when insiders of a company (officers, directors, or those holding more than 10% of the company's shares) buy or sell the company's securities. This filing indicates a transaction by a portfolio manager at a closed-end fund.
Key Dates
| Date | Description |
|---|---|
| May 17, 2011 | Power of Attorney executed by Scott C. Caraher. |
| March 31, 2025 | Date exercisable for subscription right. |
| April 29, 2025 | Expiration date for subscription right. |
| May 5, 2025 | Date of transaction: Scott C. Caraher exercised subscription rights. |
| May 6, 2025 | Date of Form 4 signature. |
Keywords
Form 4, Nuveen Credit Strategies Income Fund, JQC, Scott C. Caraher, Subscription Rights, Beneficial Ownership, Portfolio Manager, Section 16(a), Securities Exchange Act
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.