Marra Joseph P. 4

What Happened

• Joseph P. Marra, President, Principal Executive Officer and a director of MA Specialty Credit Income Fund (SCISX), made an open-market purchase of 2,004.008 shares at $24.95 per share on January 27, 2026, for a total cost of $50,000. This was a purchase (P) reported on a Form 4 filed 2026-01-28, which is timely.

Key Details

• Transaction type: Open market purchase (code P).
• Transaction date and price: 2026-01-27 at $24.95 per share.
• Shares acquired: 2,004.008; transaction value: $50,000 (rounded).
• Filing date: 2026-01-28 (filed the next day; appears timely under Form 4 rules).
• Shares owned after transaction: Not explicitly stated in the provided excerpt. Footnotes indicate related holdings—4,048.097 shares are held by the reporting person’s father‑in‑law and remaining reported shares are held by the Reginald Marra Trust UA DTD 12/15/2022 (the acquired shares are held by that trust per the footnotes).

Context

• This is a straightforward open-market purchase by an executive, which many investors view as a modest bullish signal because the insider is buying company stock. The holdings are held in family/trust vehicles (per footnotes), which can reflect longer-term ownership rather than immediate trading intent. The transaction size ($50k) is relatively small for an officer-level insider, so it should be interpreted accordingly.