GoldenTree Opportunistic Credit Fund·4

Feb 18, 7:21 PM ET

GOLDENTREE ASSET MANAGEMENT LP 4

Research Summary

AI-generated summary

Updated

GoldenTree 10% Owner Buys $10M of GoldenTree Opportunistic Credit Fund Shares

What Happened
GoldenTree Asset Management LP (reported as a 10% owner) purchased 971,817.298 shares of GoldenTree Opportunistic Credit Fund on 2026-02-13 at $10.29 per share, a total transaction value of $10,000,000. This was an open-market/private purchase (code P), i.e., a buy rather than a sale.

Key Details

  • Transaction date and price: 2026-02-13 — 971,817.298 shares at $10.29 each (total $10,000,000).
  • Shares owned after transaction: not specified in the provided filing excerpt.
  • Footnotes: securities are held by accounts managed by GoldenTree Asset Management LP; GoldenTree Asset Management LLC is the general partner; Steven A. Tananbaum is the managing member and may be deemed to share beneficial ownership but disclaims such ownership except to the extent of any pecuniary interest (F1). Securities are held of record by GoldenVest LLC, for which Tananbaum is managing member and similarly disclaims beneficial ownership except for any pecuniary interest (F2).
  • Filing timeliness: Form 4 filed 2026-02-18 — appears timely (filed within the two-business-day window following the 2026-02-13 transaction, accounting for the Presidents’ Day holiday).

Context
This purchase was made by a 10% institutional owner, not an individual executive. Such buys indicate the investment manager increased exposure to the fund but do not by themselves reveal the manager’s motivations. There were no option exercises, grants, gifts, or tax-withholding events reported in this transaction.