Emery Christina 4

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).