Forman Michael C. 4
4 · FS Credit Opportunities Corp. · Filed Mar 2, 2026
Research Summary
AI-generated summary of this filing
FS Credit Opportunities (FSCO) CEO Michael Forman Buys 38,549 Shares
What Happened Michael C. Forman — Director, President and Chief Executive Officer of FS Credit Opportunities Corp. (FSCO) — acquired a total of 38,549 shares on February 26, 2026 via open-market purchases. The trades were: 38,462 shares at $5.20 each (total $200,002) and 87 shares at $5.20 each (total $452), for a combined cash outlay of $200,454. This was a purchase, which investors often view as a stronger signal than routine sales.
Key Details
- Transaction date(s): February 26, 2026 (reported on Form 4 filed March 2, 2026).
- Price(s): $5.20 per share.
- Shares acquired: 38,462 and 87 (total 38,549). Total value ≈ $200,454.
- Shares owned after transaction: Not specified in this filing.
- Footnotes of note:
- F1: In Dec 2024, MCFDA SCV LLC transferred FSCO shares to The 2011 Forman Investment Trust; Forman disclaims beneficial ownership of trust shares beyond his pecuniary interest.
- F2: This filing corrects a prior filing that incorrectly included the 87 shares; the prior purchase was reported as 34,295 shares on 2/25/26.
- F3: Some shares are indirectly owned by the reporting person's spouse.
- Filing timeliness: Form 4 filed March 2, 2026 for a Feb 26 transaction; the filing itself does not state a late-filing designation.
Context
- These were straightforward open-market purchases (transaction code P). Purchases by insiders can be interpreted as a vote of confidence, but they do not reveal motive or guarantee future performance. The footnotes indicate some holdings are held via related trusts and a spouse, and the report corrects an earlier reporting inaccuracy.
Insider Transaction Report
Form 4
Forman Michael C.
DirectorSee Remarks
Transactions
- Purchase
Common Stock
[F2]2026-02-26$5.20/sh+87$452→ 44,312 total(indirect: By IRA) - Purchase
Common Stock
[F3]2026-02-26$5.20/sh+38,462$200,002→ 38,462 total(indirect: By IRA)
Holdings
- 0(indirect: By LLC)
Common Stock
[F1]
Footnotes (3)
- [F1]In December 2024, MCFDA SCV LLC, which is a wholly-owned special purpose financing vehicle of which The 2011 Forman Investment Trust is a member, transferred its shares of FS Credit Opportunities Corp. to The 2011 Forman Investment Trust. The reporting person disclaims beneficial ownership of any shares held by The 2011 Forman Investment Trust that exceed his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or any other purpose.
- [F2]The previous filing inaccurately included the 87 shares noted in this filing. The previous purchase was on 2/25/26 for 34,295 shares for a total of 44,225.
- [F3]Shares are indirectly owned by the reporting person's spouse.
Signature
/s/ Stephen S. Sypherd, Attorney-in-Fact|2026-03-02