Form 4: Eagle Point Credit Management LLC Reports Changes in Beneficial Ownership of OFS Credit Company, Inc.

Eagle Point Credit Management LLC reports transactions involving OFS Credit Company, Inc. preferred stock, indicating changes in beneficial ownership.

Summary

• On August 29, 2024, Eagle Point Credit Management LLC disposed of 551 shares of 6.125% Series C Term Preferred Stock due 2026 at a price of $24.42 per share.
• On August 30, 2024, the company disposed of an additional 190 shares of the same series at the same price.
• Following these transactions, Eagle Point Credit Management LLC indirectly owns 13,599 shares of the 6.125% Series C Term Preferred Stock due 2026.
• The company also indirectly owns 32,482 shares of 5.25% Series E Term Preferred Stock due 2026.
• Eagle Point Credit Management LLC disclaims beneficial ownership of these securities.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral.

Management Comments

• Eagle Point Credit Management LLC and Eagle Point DIF GP I LLC disclaim beneficial ownership of the securities described in the report.

Industry Context

This filing is a routine disclosure related to changes in beneficial ownership, which is common for investment management firms holding positions in publicly traded companies.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership, but the disclaimed beneficial ownership suggests a limited direct impact.

Key Dates