Form 4: Eagle Point Credit Management LLC Reports Changes in Beneficial Ownership of OFS Credit Company, Inc.
SEC Form 4 Filing
Eagle Point Credit Management LLC, along with related entities, reported transactions involving OFS Credit Company, Inc.'s preferred stock, disclaiming beneficial ownership of the securities.
Summary
- Eagle Point Credit Management LLC, Eagle Point CIF GP I LLC, and Eagle Point DIF GP I LLC filed a Form 4 detailing changes in beneficial ownership of OFS Credit Company, Inc. securities.
- The reported transactions involve the sale of 6.125% Series C Term Preferred Stock due 2026 on April 16 and 17, 2024.
- Eagle Point Credit Management LLC manages private investment funds that directly hold the securities.
- The reporting persons disclaim beneficial ownership of the reported securities.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, so the sentiment is neutral.
Management Comments
- Each of the Reporting Persons hereby disclaims 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 a standard part of regulatory compliance for entities with significant ownership in publicly traded companies, providing transparency into their transactions.
Key Dates
| Date | Description |
|---|---|
| 04/16/2024 | Sale of 74 shares of 6.125% Series C Term Preferred Stock due 2026 at $24.16. |
| 04/17/2024 | Sale of 83 shares of 6.125% Series C Term Preferred Stock due 2026 at $24.16. |
| 04/18/2024 | Date of signature for the Form 4 filings. |
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