Alternative Credit Income Fund (RCIAX) CEO Disposes 45,954 Shares

What Happened
Edward J. Goldthorpe, President, CEO and Director of Alternative Credit Income Fund (RCIAX / ACIF), reported a disposition of 45,954 ACIF Class A shares on September 29, 2026. The shares were disposed to the issuer as part of a merger under an Agreement and Plan of Merger; no per‑share price is reported (listed as N/A). Under the merger terms each ACIF Class A share was converted into the right to receive 0.4571 shares of BC Partners Lending Corporation (BCPL), yielding roughly 21,006 BCPL shares (45,954 × 0.4571, approximate).

Key Details

• Transaction date: 2026-09-29; Form 4 filed: 2026-10-01 (timely filing).
• Transaction type: Disposition to issuer (merger conversion), not an open-market sale. Price: N/A.
• Shares disposed: 45,954 ACIF Class A shares.
• Conversion ratio: 0.4571 BCPL shares per ACIF share → ~21,006 BCPL shares received in exchange (approx.).
• Footnote: Disposition occurred pursuant to the Merger Agreement among BCPL and ACIF; transaction was approved by ACIF shareholders and the Board of Trustees and is exempt under SEC Rule 16b‑3.
• Shares owned after transaction: not specified in this Form 4.

Context
This filing documents a corporate‑transaction disposition (merger conversion), which is different from an insider selling shares on the open market. The transaction was part of an approved merger and reported as exempt under Rule 16b‑3; it does not, by itself, indicate an executive’s sentiment about the company’s future performance.