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

Eagle Point Credit Management LLC, a 10% owner of OFS Credit Company, Inc., reported transactions involving the company's preferred stock.

Summary

• Eagle Point Credit Management LLC reported changes in its beneficial ownership of OFS Credit Company, Inc.'s preferred stock.
• The transactions involved the sale of 6.125% Series C Term Preferred Stock due 2026 on multiple dates: June 20, 2024 (11 shares), June 21, 2024 (2,000 shares), and June 24, 2024 (27 shares).
• The sales on June 21, 2024 occurred at a weighted average price of $24.20 per share, with individual prices ranging from $24.19 to $24.24.
• Following these transactions, Eagle Point Credit Management LLC indirectly owns 33,919 shares of the 6.125% Series C Term Preferred Stock due 2026 and 33,103 shares of the 5.25% Series E Term Preferred Stock due 2026.
• Eagle Point Credit Management LLC disclaims beneficial ownership of the reported securities.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing indicating changes in ownership. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of regulatory compliance for individuals and entities with significant ownership in publicly traded companies, providing transparency into their transactions.

Stakeholder Impact

• Shareholders may be interested in tracking the ownership changes of significant stakeholders like Eagle Point Credit Management LLC.

Key Dates