NOREEN CLIFFORD M 4

4 · BARINGS CORPORATE INVESTORS · Filed Jun 2, 2026

AI-generated summary of this filing

Updated Jun 2, 2026

Barings Corporate Investors (MCI) Chairman Noreen Clifford Acquires 6,856 Share Equivalents

What Happened

Noreen Clifford, Chairman of the Fund and a director of Barings Corporate Investors (MCI), acquired 6,856.05 share equivalents on 2026-05-29 at an implied price of $18.04 per share, for a notional value of $123,683. The transaction is reported as an "other acquisition or disposition" (code J) and represents an allocation into a company-related deferred compensation investment option rather than an open-market purchase of actual shares.

Key Details

Transaction date and price: 2026-05-29 at $18.04 per share (6,856.05 shares; $123,683 total).
Shares owned after transaction: Not specified in the provided filing.
Transaction code: J (other acquisition/disposition — here, an allocation to a deferred-comp plan).
Filing timeliness: Report filed 2026-06-02; within the two-business-day Form 4 deadline for a 2026-05-29 transaction (timely).
Notable footnotes: F1/F2 indicate these are not actual shares but notional share equivalents in a non‑qualified deferred compensation plan; exercisable/convertible only upon termination, retirement, or other plan-permitted events, and plan holdings may be reallocated by participants.

Context

This was an acquisition of deferred‑comp share equivalents — a bookkeeping allocation that tracks the market value of BCI common shares (including reinvested dividends) but does not give the plan or participant legal ownership of actual shares. Such transactions show how officers elect to allocate deferred pay, but they are different from buying stock on the open market or exercising options for immediate ownership.

Form 4

Period: 2026-05-29

DirectorChairman of Fund

Transactions

Other
Barings Non-Qualified Thrift Plan
[F1][F2]
2026-05-29$18.04/sh+6,856.05$123,683→ 316,063.916 total
→ Common Shares ("Shares of Beneficial Interest") (6,856.05 underlying)

Holdings

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.

Signature

Stacy Standridge, as Attorney-in-fact|2026-06-02

1 file