Popp John G. 4
4 · CREDIT SUISSE HIGH YIELD CREDIT FUND · Filed May 22, 2026
Research Summary
AI-generated summary of this filing
CREDIT SUISSE HIGH YIELD (DHY) CIO John G. Popp Buys 6,500 Shares
What Happened
John G. Popp, Chief Investment Officer and Trustee of Credit Suisse High Yield Credit Fund (DHY), acquired 6,500 common shares on May 14, 2026 at $1.75 per share, for a total cost of $11,375. The filing reports the acquisition as an "other" acquisition (transaction code J) tied to a transferable rights offering.
Key Details
- Transaction date: May 14, 2026; Price: $1.75 per share; Shares acquired: 6,500; Total value: $11,375.
- Footnote: The purchase was made through a transferable rights offering that ran April 21–May 14, 2026; the $1.75 subscription price was set at 86% of the fund’s net asset value per share at market close on the offering’s expiration date.
- Shares owned after the transaction: Not disclosed in the Form 4.
- Filing date: May 22, 2026 — this Form 4 was filed several days after the May 14 transaction (later than the usual 2-business-day SEC filing window).
Context
This was a subscription acquisition via a rights offering rather than an open-market purchase or option exercise. Small dollar value ($11.4k) — while purchases can be interpreted as a positive signal, the size and the mechanics (rights offering at a discounted subscription price) limit how much weight to place on this single transaction.
Insider Transaction Report
- Other
common shares
[F1]2026-05-14$1.75/sh+6,500$11,375→ 26,000 total
Footnotes (1)
- [F1]The transferable rights offering commenced on April 21, 2026 and expired on May 14, 2026 (the "Expiration Date"). The subscription price was $1.75 per share and was determined based upon a formula equal to 86% of the net asset value per common share at the close of trading on the NYSE American on the Expiration Date.