Huddleston Debra Weiss 4
Research Summary
AI-generated summary
PIMCO Asset-Based Lending Director Debra Huddleston Converts Shares
What Happened
- Debra Huddleston, a director of PIMCO Asset-Based Lending Co LLC, reported a disposition and a nearly offsetting acquisition on May 28, 2026. The issuer liquidated 2,905.57 Series I E shares at $10.24 each (proceeds $29,753) and reinvested proceeds to acquire 2,878.03 Series II E shares at $10.33 each (cost $29,730). This appears to be an issuer-driven liquidation/reinvestment (not an open-market sale).
Key Details
- Transaction dates and amounts:
- 2026-05-28: Disposition to issuer (D) — 2,905.57 shares @ $10.24 = $29,753.
- 2026-05-28: Grant/Acquisition (A) — 2,878.03 shares @ $10.33 = $29,730.
- Filing: Report filed 2026-06-01 covering the 2026-05-28 transactions.
- Shares owned after transaction: Not specified in the provided filing summary.
- Footnotes:
- F1: The disposition and acquisition represent the issuer’s liquidation of Series I E shares and reinvestment of the proceeds into Series II E shares.
- F2: Includes shares acquired via the issuer’s qualified dividend reinvestment plan since the reporting person’s last filing.
- Exhibit listed: Exhibit 24 — Power of Attorney.
Context
- This filing reflects a conversion/reinvestment by the issuer rather than a director-initiated open-market sale or independent purchase; such issuer actions are generally routine and do not necessarily signal the insider’s personal view on the stock.
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