Icuss Therese 4
Research Summary
AI-generated summary
Fidelity Private Credit Fund VP Therese Icuss Buys 9,953.7 Shares
What Happened
Therese Icuss, Vice President of Fidelity Private Credit Fund, purchased 9,953.695 Class I common shares on March 27, 2026, at $25.11 per share for a total of $249,937. This was a purchase (reporting code P), which is generally a straightforward buy rather than a sale or option exercise.
Key Details
- Transaction date and price: March 27, 2026 — 9,953.695 shares at $25.11 each (total $249,937).
- Method: Purchase via issuer subscription/offer — the subscription was accepted March 2, 2026, and the exact number and price were fixed when the issuer set the per-share price on March 27 (see footnote).
- Shares owned after transaction: Not specified in the provided filing excerpt; see the full Form 4 for total holdings.
- Footnotes: F1 explains the subscription acceptance and price-fixing timing; F2 notes holdings may include shares acquired through the issuer's dividend reinvestment plan.
- Filing timeliness: Form 4 was filed March 30, 2026; this appears to be within the standard reporting window and is not flagged as late.
Context: This was a purchase directly from the issuer (subscription), not a secondary-market sale. Purchases by insiders can be informative to investors, but they do not guarantee future performance; the filing provides factual details about the transaction and method.