Emery Christina 4
4 · BARINGS CORPORATE INVESTORS · Filed Feb 20, 2026
Research Summary
AI-generated summary of this filing
Barings Corporate Investors (MCI) President Christina Emery Acquires 702 Shares
What Happened
- Christina Emery, President of Barings Corporate Investors (ticker: MCI), recorded an acquisition of 702.498 shares valued at $20.91 each, for a total reported value of $14,689. The transaction is coded as an "Other acquisition" (Form 4 code J) and reflects a derivative interest under a non‑qualified deferred compensation plan, not the purchase of actual company stock.
Key Details
- Transaction date and price: 2026-02-19 at $20.91 per share (total reported value $14,689).
- Transaction type: Other acquisition (code J) — a derivative/notional interest tied to the company’s share price, not actual shares.
- Shares owned after transaction: Not disclosed in the provided filing details.
- Footnotes:
- The award is exercisable only upon termination, retirement, or other plan‑permitted event; the derivative is entirely notional with no actual underlying securities (F1).
- The entry reflects a deferral into a non‑qualified compensation plan whose investment option tracks MCI’s common shares; participants do not hold actual shares (F2).
- Filing timeliness: Report filed 2026-02-20 covering a 2026-02-19 transaction (filed the next day; no late‑filing flag shown).
Context
- This transaction represents a reallocation/credit in a deferred compensation plan that mirrors the value of MCI shares rather than a market purchase of stock. Such plan credits do not convey direct ownership of shares and are typically payable or settled only upon specified plan events (e.g., termination or retirement).
Insider Transaction Report
Form 4
Emery Christina
President
Transactions
- Other
Barings Non-Qualified Thrift Plan
[F1][F2]2026-02-19$20.91/sh+702.498$14,689→ 5,906.534 total→ Common Shares ("Shares of Beneficial Interest") (702.498 underlying)
Footnotes (2)
- [F1]Exercisable only upon termination, retirement, or other plan permitted event. Plan holdings may be "liquidated" and reallocated into other plan investment options by the plan participant. The derivative has no actual securities underlying the plan agreement, which is entirely notional.
- [F2]Barings LLC (fka Babson Capital Management LLC) and Massachusetts Mutual Life Insurance Company each offer a non-qualified compensation deferral plan where certain officers are permitted to defer a portion of their compensation into the plans. Deferred compensation into a plan is allocated among one or more investment options at the election of the plan participant. Each plan has an investment option that derives its value from the market value of Barings Corporate Investors' common shares (and includes the value of reinvested dividends). However, pursuant to the terms of the plans, neither the plans nor the participants have an actual ownership interest in the common shares. The shares beneficially owned include the number of shares of Barings Corporate Investors represented by the value of the Barings Corporate Investors investment option under the plan held by the plan participant.
Signature
Stacy Standridge, as Attorney-in-fact|2026-02-20