CALAMOS JOHN P SR 4

What Happened
John P. Calamos Sr, Global Chief Investment Officer, reported an in‑kind distribution on 2026-06-29 involving 152,939.626 Class I common shares. The Form 4 shows a simultaneous disposition and acquisition at $0.00 — meaning no cash changed hands; the shares were distributed in kind from Calamos Advisors LLC to Calamos Family Partners, Inc. The reporting person disclaims beneficial ownership except to the extent of any pecuniary interest.

Key Details

• Transaction date: 2026-06-29 (reported on Form 4 filed 2026-07-01). The filing appears timely.
• Reported transactions: one disposition (J) of 152,939.626 shares @ $0.00 and one acquisition (J) of 152,939.626 shares @ $0.00. Code J = other acquisition or disposition.
• Consideration: $0.00 — in‑kind transfer, not a market sale or purchase.
• Shares owned after transaction: not specified in the summary data provided.
• Footnotes: F1 confirms the in‑kind distribution was from Calamos Advisors LLC to Calamos Family Partners, Inc.; F2 notes the balance includes shares acquired via dividend reinvestment on 12/15/2025. The filer disclaims beneficial ownership beyond pecuniary interest.

Context
This was an intra‑group, in‑kind transfer between affiliated entities, not an open‑market buy or sell. Such transfers are administrative and do not necessarily signal the insider’s view on the stock. Retail investors should treat this as a non‑economic reallocation rather than a bullish or bearish insider trade.