TSI Director Robert G. Rooney Exercises Rights to Acquire 8,833 Shares

What Happened

• Robert G. Rooney, a director of TCW Strategic Income Fund, exercised transferable rights from the Fund’s rights offering and acquired 8,833 shares of common stock at a subscription price of $4.47 per share, for a total cash outlay of $39,484. The rights exercised totaled 20,499; the filing reports the derivative (the Rights) as disposed because they were used to purchase the shares.

Key Details

• Transaction date: March 27, 2026 (reported on Form 4 filed March 30, 2026).
• Price and value: $4.47 per share; 8,833 shares; total = $39,484.
• Derivative action: 20,499 transferable Rights were exercised (derivative disposed) to acquire the shares.
• Shares owned after transaction: not specified in the filing.
• Filing timeliness: Form 4 filed March 30, 2026 — appears timely.
• Notable footnotes: This was part of a rights offering (record date Feb 19, 2026). Record-date holders received 1 Right per share and could buy 1 new share for every 3 Rights; the offering was oversubscribed and over-subscription allocations were prorated, resulting in Rooney receiving 6,833 shares from primary subscription plus 2,000 via oversubscription (total 8,833).

Context

• This was an acquisition via a rights offering (a cash purchase), not an immediate sale or cashless exercise. Exercising rights to buy shares is a direct purchase (generally seen as a purchase signal), but filings do not explain the insider’s motivations.