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

Eagle Point Credit Management LLC and Eagle Point DIF GP I LLC reported changes in their beneficial ownership of OFS Credit Company, Inc.'s preferred stock due to transactions on July 18 and July 22, 2024.

Summary

• Eagle Point Credit Management LLC and Eagle Point DIF GP I LLC filed a Form 4 detailing changes in their beneficial ownership of OFS Credit Company, Inc. securities.
• The transactions involved 6.125% Series C Term Preferred Stock due 2026.
• On July 18, 2024, 8 shares were disposed of at a price of $24.32, resulting in a holding of 22,273 shares.
• On July 22, 2024, 651 shares were disposed of at a price of $24.32, resulting in a holding of 21,622 shares.
• The reporting persons disclaim beneficial ownership of the securities, stating that the securities are held by private investment funds managed by Eagle Point Credit Management LLC.

Sentiment

Score: 5

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

Management Comments

• The reporting persons disclaim beneficial ownership of the securities described in this report pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934 and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of any of the reported securities for purposes of Section 16 or for any other purpose.

Industry Context

Form 4 filings are standard disclosures required by the SEC to provide transparency regarding the transactions of company insiders and significant shareholders, ensuring fair market practices.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the transactions of significant shareholders.

Key Dates