Form 4: Eagle Point Credit Management LLC Reports Transaction in OFS Credit Company, Inc.
SEC Form 4 Filing
Eagle Point Credit Management LLC reports the disposal of shares in OFS Credit Company, Inc. on March 21, 2024.
Summary
- Eagle Point Credit Management LLC, along with Eagle Point CIF GP I LLC and Eagle Point DIF GP I LLC, filed a Form 4 regarding transactions in OFS Credit Company, Inc. securities.
- The report indicates the disposal of 6.125% Series C Term Preferred Stock due 2026 on March 21, 2024, at a price of $24.12, resulting in a holding of 42,325 shares.
- The report also mentions holdings of 36,294 shares of 5.25% Series E Term Preferred Stock due 2026.
- The reporting persons disclaim beneficial ownership of the reported securities.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to changes in beneficial ownership, which is common for investment management firms managing funds that hold positions in publicly traded companies.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the change in ownership.
Key Dates
| Date | Description |
|---|---|
| 03/21/2024 | Date of transaction involving the disposal of securities. |
| 03/25/2024 | Date of signature for the Form 4 filings by Kenneth P. Onorio. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.