Nitzan Andrea 4

What Happened

• Nitzan Andrea, Vice President of Barings Corporate Investors (MCI), recorded an acquisition of 412.762 derivative/notional shares on 2026-03-19 at an implied price of $19.31 per unit, for a total value of about $7,970. The Form 4 reports this as transaction code J (other acquisition/disposition) and classifies the units as derivative (not actual common shares).

Key Details

• Transaction date and filing: transaction 2026-03-19; Form 4 filed 2026-03-20 (filed promptly).
• Price and value: 412.762 units × $19.31 = $7,970 (reported).
• Shares owned after transaction: not specified in the provided filing.
• Footnotes of note:
  • F1/F2: These are notional units under a non‑qualified deferred compensation plan that track the market value (and dividends) of Barings Corporate Investors common shares but do not represent actual share ownership. Units are generally payable/exercisable only upon termination, retirement, or other plan‑permitted events and may be liquidated or reallocated by the participant.
• Transaction code: J = Other acquisition/disposition (derivative/notional units).

Context

• This was an acquisition of notional/derivative units in a deferred compensation plan, not an open‑market purchase of shares. Such units mirror the economic performance of the stock but do not confer direct voting rights or share ownership until plan payout rules apply. These plan entries are common for executive compensation and do not necessarily indicate immediate bullish or bearish trading intent.