Forman Michael C. 4

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.