Jain Rakesh 4

What Happened

• Rakesh Jain, identified as a portfolio manager, made a purchase of AMG Pantheon Credit Solutions Fund (PCSZX) shares. He acquired 2,329.916 shares at $10.73 per share on 2026-06-24, for a total cost of approximately $25,000. This was recorded as a purchase (transaction code P), a direct buy rather than a sale or option exercise — generally a more informative (bullish) signal than routine selling, though the amount is modest.

Key Details

• Transaction date and price: 2026-06-24 — 2,329.916 shares at $10.73 per share.
• Total value: ~$25,000.
• Transaction type: Purchase (code P); described as open market or private purchase in the filing.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes/notations: No 10b5-1 plan, tax withholding, or other special footnotes disclosed in the supplied data.
• Filing date vs. transaction date: Form 4 was filed on 2026-07-08, 14 days after the transaction. Form 4s are typically required within two business days of the reported change, so this filing appears to have been submitted late.

Context

• This is a straightforward buy by a portfolio manager of the fund, not an option exercise, gift, or tax-withholding event. The purchase amount is relatively small ($25k), so while purchases are often watched as a positive signal, the size here is modest and should be weighed accordingly.
• No indication from the filing about intent to hold vs. sell immediately; nothing in the provided record suggests a cashless exercise or other derivative transaction.