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

Eagle Point Credit Management LLC, along with Eagle Point DIF GP I LLC, reported changes in their beneficial ownership of OFS Credit Company, Inc.'s preferred stock due to transactions on August 8, 9, and 12, 2024.

Summary

• Eagle Point Credit Management LLC and Eagle Point DIF GP I LLC filed a Form 4 detailing changes in beneficial ownership of OFS Credit Company, Inc. securities.
• The transactions involved the disposal of 6.125% Series C Term Preferred Stock due 2026 on August 8, 9, and 12, 2024.
• Specifically, 375 shares were disposed of on August 8 at $24.38 per share, 8 shares on August 9 at $24.38 per share, and 565 shares on August 12 at $24.38 per share.
• Following these transactions, Eagle Point Credit Management LLC indirectly holds 18,054 shares of the 6.125% Series C Term Preferred Stock due 2026 and 32,482 shares of the 5.25% Series E Term Preferred Stock due 2026.
• The reporting persons disclaim beneficial ownership of the securities, stating that the inclusion of these securities in the report should not be deemed an admission of beneficial ownership.

Sentiment

Score: 5

Explanation: This is a routine filing indicating changes in ownership. It doesn't inherently suggest positive or negative sentiment, but rather reflects transactional activity.

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

Form 4 filings are standard disclosures required by the SEC when there are changes in beneficial ownership of a company's securities by its insiders, providing transparency to the market.

Stakeholder Impact

• The filing provides transparency to shareholders regarding changes in ownership by insiders.

Key Dates