Harris Terrell W. 4
4 · BARINGS CORPORATE INVESTORS · Filed Mar 20, 2026
Research Summary
AI-generated summary of this filing
Barings (MCI) Officer Terrell W. Harris Acquires 719 Shares
What Happened Terrell W. Harris, an officer of the adviser for Barings Corporate Investors (MCI), recorded an acquisition of 719.222 shares on 2026-03-19 at $19.31 each, a notional value of $13,888. The reported transaction is coded as an "other acquisition" and relates to a deferred compensation/plan-based allocation rather than an open-market buy of actual shares.
Key Details
- Transaction date and price: 2026-03-19 at $19.31 per share (total notional value $13,888).
- Transaction type: Other acquisition (code J) — derivative/notional allocation under a deferred compensation plan.
- Shares owned after transaction: Not specified in the provided report.
- Filing: Report filed 2026-03-20 (next-business-day filing; not indicated as late).
- Notable footnotes: The allocation is under a non‑qualified deferred compensation plan that tracks MCI share value but does not convey actual ownership of shares. The derivative is not backed by actual securities and may be exercisable only upon termination, retirement, or other plan-permitted events; plan holdings can be reallocated by participants.
Context This was a plan-based, notional acquisition (deferred-compensation credit) rather than a market purchase. Such allocations reflect compensation elections and the plan’s internal bookkeeping tied to MCI’s share price, and do not necessarily signal a personal purchase of tradable shares.
Insider Transaction Report
- Other
Barings Non-Qualified Thrift Plan
[F1][F2]2026-03-19$19.31/sh+719.222$13,888→ 719.222 total→ Common Shares ("Shares of Beneficial Interest") (719.222 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.