Caraher Scott C. 4
4 · Nuveen Credit Strategies Income Fund · Filed Apr 24, 2026
Research Summary
AI-generated summary of this filing
Nuveen Credit Strategies (JQC) Portfolio Manager Scott Caraher Buys Shares
What Happened
Scott C. Caraher, listed as a portfolio manager, purchased a total of 20,000 shares of Nuveen Credit Strategies Income Fund (ticker: JQC) in two open-market transactions. On 2026-03-30 he bought 10,000 shares at $4.69 each ($46,861) and on 2026-03-31 he bought 10,000 shares at $4.83 each ($48,270). These were purchases (transaction code P), which are generally viewed as a more informative/bullish signal than sales.
Key Details
- Transaction dates & prices:
- 2026-03-30 — 10,000 shares at $4.69 ($46,861)
- 2026-03-31 — 10,000 shares at $4.83 ($48,270)
- Total shares acquired: 20,000; total cash value: ~$95,131
- Shares owned after the transactions: not specified in the Form 4 filing
- Filing remarks/footnote: caraherpoa.txt (appears in the filing remarks)
- Timeliness: Filing dated 2026-04-24 for transactions in late March — this is a late Form 4 filing (should generally be reported within two business days), which reduces short-term transparency
Context
These were straight purchases (no option exercises, gifts, or sell-offs reported). Because Caraher is identified as a portfolio manager rather than a company officer or 10% owner, this activity reflects trading by an investment professional associated with the fund rather than executive insider trading. Purchases can be informative to investors, but the late filing means the market did not receive this information promptly.
Insider Transaction Report
- Purchase
Common Stock
2026-03-30$4.69/sh+10,000$46,861→ 16,000 total - Purchase
Common Stock
2026-03-31$4.83/sh+10,000$48,270→ 26,000 total