Form 4: Eagle Point Credit Management LLC Reports Transaction in OFS Credit Company, Inc.

Eagle Point Credit Management LLC reports a transaction involving OFS Credit Company, Inc.'s preferred stock, indicating a change in beneficial ownership.

Summary

• Eagle Point Credit Management LLC filed a Form 4 detailing a transaction in OFS Credit Company, Inc. securities on June 25, 2024.
• The transaction involved the disposal of 44 shares of 6.125% Series C Term Preferred Stock due 2026 at a price of $24.23 per share.
• Following the transaction, Eagle Point Credit Management LLC indirectly owns 33,875 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.
• The report indicates that Eagle Point Credit Management LLC manages certain private investment funds that directly hold the securities.
• Eagle Point Credit Management LLC and Eagle Point DIF GP I LLC disclaim beneficial ownership of the reported securities.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing detailing a transaction. It doesn't inherently convey positive or negative sentiment.

Management Comments

• Eagle Point Credit Management LLC and Eagle Point DIF GP I LLC disclaim beneficial ownership of the reported securities pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934.

Industry Context

This filing is a routine disclosure of a transaction by a significant shareholder in a publicly traded company. It provides transparency to the market regarding changes in ownership.

Stakeholder Impact

• The transaction may have a minor impact on shareholders as it reflects a change in ownership by a significant shareholder.

Key Dates