Form 4: PGIM Director Mack McNair Buys Fund Shares

PGIM Private Credit Fund Director Mack McNair acquired 2,539.299 Class I common shares at $24.81 per share.

Summary

• Mack McNair, a Director of PGIM Private Credit Fund, purchased 2,539.299 Class I common shares of beneficial interest.
• The transaction occurred on December 23, 2025, at a price of $24.81 per share.
• The total value of the shares acquired is approximately $62,999.99.
• Following this transaction, Mack McNair directly beneficially owns 2,539.299 Class I common shares.
• The transaction was made pursuant to a Rule 10b5-1 plan.

Sentiment

Score: 7

Explanation: The purchase of shares by a director is generally a positive indicator, suggesting confidence in the company's future performance and valuation.

Positives

• A Director's purchase of shares signals confidence in the company's current valuation and future prospects.
• The transaction was executed under a Rule 10b5-1 plan, indicating a pre-planned investment strategy.

Future Outlook

NA

Industry Context

Insider buying, such as a director purchasing shares, is generally viewed by the market as a positive signal, indicating that those with intimate knowledge of the company believe its stock is undervalued or has strong future potential. This aligns with broader market observations where insider confidence can influence investor sentiment.

Comparison to Industry Standards

• Insider purchases are a common signal across industries, often interpreted as a sign of management's confidence in the company's prospects.
• While specific comparable companies or projects are not directly applicable to a single insider transaction, the act of a director increasing their stake is a standard indicator of alignment with shareholder interests.

Related Party Transactions

• The transaction involves a director of the issuer purchasing shares, which is considered a related party transaction due to the insider relationship.

Stakeholder Impact

• Shareholders may view this insider purchase as a positive sign, potentially increasing confidence in the company's leadership and future performance.
• The transaction demonstrates management's alignment with shareholder interests through direct equity ownership.

Key Dates

Keywords

PGIM Private Credit Fund, Mack McNair, Insider Buying, Form 4, Director Purchase, Equity Acquisition, Rule 10b5-1