McMillan Peter 4

What Happened

• Peter McMillan, a director of TCW Strategic Income Fund Inc. (TSI), made two open-market purchases of company shares. He acquired 10,478 shares on 2026-02-11 at $4.74 each ($49,645) and 179,522 shares on 2026-02-12 at $4.73 each ($849,139), for a total of 190,000 shares purchased for approximately $898,784. These were purchases (transaction code P), which investors often view as a more bullish action than routine selling.

Key Details

• Transaction dates and prices:
  • 2026-02-11: 10,478 shares at $4.74 ($49,645)
  • 2026-02-12: 179,522 shares at $4.73 ($849,139)
• Total acquired: 190,000 shares; total value ≈ $898,784.
• Transaction type: Open-market purchases (SEC code P).
• Shares owned after transaction: Not stated in the provided filing excerpt.
• Filing date: 2026-02-12 (covering transactions on 2026-02-11 and 2026-02-12); no late-filing indication in the information provided.
• No footnotes (e.g., 10b5-1 plan, tax withholding) were provided in the excerpt.

Context

• These were straightforward open-market purchases by a company director, not option exercises or gifts. While insider purchases can be interpreted as a positive signal by some investors, the filing itself is purely factual and does not state the director’s intent.