Andalusian Credit Director Joseph Otting Buys Stock

What Happened
Joseph M. Otting, a director of Andalusian Credit Company, bought 13,674.88 shares on 2026-08-28 at $15.32 per share, for a total reported purchase value of $209,499. The filing reports this as a purchase (code P), indicating an acquisition rather than a sale.

Key Details

• Transaction date: 2026-08-28; Price: $15.32 per share; Shares acquired: 13,674.88; Total value: $209,499.
• Filing date (Form 4): 2026-09-01 — filed on the second business day after the transaction (timely).
• Shares owned after transaction: Not specified in the provided filing details.
• Footnote: Shares are held indirectly through Gulf BLVD, LLC, where Mr. Otting has sole voting and dispositive control (F1).
• Transaction code: P (Purchase).

Context
This was a direct purchase reported by a company director and should be viewed as an acquisition (insider buying). Purchases can be more informative to investors than routine sales, but filings do not state the insider’s motivations. No options, gifts, or tax-withholding details were reported for this transaction.