Craddock Geoff 4

What Happened

• Geoff Craddock, an Adviser Board Member of Barings Corporate Investors (MCI), recorded an acquisition on 2026-03-20 of 743.005 shares at $19.30 per share, a notional value of approximately $14,340. The transaction is coded as an "other acquisition or disposition (J)" and reflects a derivative/plan-based credit rather than an open-market stock purchase.

Key Details

• Transaction date and price: 2026-03-20 at $19.30 per share.
• Shares acquired: 743.005 (total notional value ≈ $14,340).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Filing date: 2026-03-24 — Form 4s are generally due within two business days; this filing was submitted one business day after that window (filed 4 calendar days after the transaction).
• Notable footnotes:
  • F1: The derivative is not backed by actual shares and is exercisable only upon termination, retirement, or other plan-permitted events; plan holdings may be liquidated/reallocated by the participant.
  • F2: The amount represents an allocation in a non‑qualified deferred compensation plan (offered by Barings LLC and Massachusetts Mutual Life Insurance Co.) that tracks the market value of Barings Corporate Investors' common shares; plan participants do not have direct ownership of underlying shares.

Context

• This was a plan-based, notional acquisition through a deferred compensation arrangement — there were no actual share transfers on the market and the credits are generally payable (or convertible) only on specified plan events (e.g., termination or retirement). Such transactions reflect compensation elections, not immediate insider purchases or sales in the open market, and therefore should be interpreted differently than outright buys or sells.