Emery Christina 4
4 · BARINGS CORPORATE INVESTORS · Filed Jun 26, 2026
Research Summary
AI-generated summary of this filing
Barings Corporate Investors (MCI) President Christina Emery Acquires 43 Shares
What Happened
Christina Emery, President of Barings Corporate Investors (ticker: MCI), was credited with 43.038 shares as an "other acquisition" on 2026-06-25. The transaction is recorded at $17.46 per share for a notional value of roughly $751. This was a derivative credit under a non-qualified deferred compensation plan, not an open-market purchase of actual shares.
Key Details
- Transaction date and price: 2026-06-25 at $17.46 per share (total reported value ~$751).
- Transaction code: J — "other acquisition or disposition" (derivative credit).
- Shares after transaction: Not specified in the provided filing excerpt.
- Filing timeliness: Report filed 2026-06-26 (next business day), indicating a timely Form 4 submission.
- Footnotes: The shares are not actual stock ownership but a notional interest in a deferred compensation plan (see F1/F2). Exercisability/permitted distribution is limited (e.g., upon termination/retirement) and the plan holdings may be reallocated by the participant.
Context
This was a derivative credit in a non-qualified deferred compensation arrangement that tracks the market value of MCI shares (including reinvested dividends) but does not confer actual share ownership, voting rights, or direct possession of shares. Such transactions commonly reflect routine compensation deferrals rather than a direct buy or sell signal.
Insider Transaction Report
- Other
Barings Non-Qualified Thrift Plan
[F1][F2]2026-06-25$17.46/sh+43.038$751→ 6,894.709 total→ Common Shares ("Shares of Beneficial Interest") (43.038 underlying)
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.