Emery Christina 4
Research Summary
AI-generated summary
Barings (MCI) President Christina Emery Acquires 41.8 Notional Shares
What Happened
Christina Emery, President of Barings Corporate Investors (MCI), reported an acquisition of 41.816 notional shares on 2026-04-16 at an imputed price of $17.97 per share, valued at about $751. This was recorded as an "other acquisition" (code J) tied to a deferred-compensation/plan investment option — not an open-market stock purchase.
Key Details
- Transaction date and price: 2026-04-16 at $17.97 per notional share.
- Shares acquired: 41.816 notional shares; reported value ≈ $751.
- Transaction type: Code J — other acquisition; derivative/notional units under a deferred compensation plan.
- Shares owned after transaction: Not specified in the filing.
- Timeliness: Filed 2026-04-17 for a 2026-04-16 transaction (appears timely).
- Relevant footnotes:
- The units are not actual shares but notional units in a non-qualified deferred compensation plan (F1, F2). They are exercisable/paid only upon termination, retirement, or other plan-permitted events and can be liquidated or reallocated by the participant. The plan tracks the market value of Barings CI shares but does not give the participant legal ownership of company stock.
Context
This was a derivative/notional-plan allocation rather than a cash purchase or sale on the open market. Such deferral-plan allocations are common for executives and reflect internal compensation elections rather than direct equity ownership or immediate market exposure.