Privacore VPC Asset Backed Credit Fund — Bankers Life (10% Owner) Buys $5M

What Happened
Bankers Life & Casualty Co — reported as a 10% owner — acquired 492,610.837 shares of Privacore VPC Asset Backed Credit Fund on 2026-08-07. The transaction was a purchase at $10.15 per share for a total reported value of $5,000,000. This was a buy (purchase) transaction rather than a sale.

Key Details

• Transaction date: 2026-08-07
• Transaction type/code: Purchase (P) — open market or private purchase per the filing
• Price per share: $10.15
• Shares acquired: 492,610.837
• Total transaction value: $5,000,000
• Shares owned after transaction: Not disclosed in this filing
• Filing date: 2026-08-11 — reported 4 days after the transaction; appears later than the typical 2-business-day Form 4 deadline
• No footnotes (e.g., 10b5-1 plan, tax withholding) were provided in the summary information

Context
This filing reflects an institutional 10% owner purchasing shares, which is different from an executive or board member trade. Purchases by large holders can be informative to investors, but filings do not state motives. There were no derivative or option transactions involved.