GOLDENTREE ASSET MANAGEMENT LP 4
4 · GoldenTree Opportunistic Credit Fund · Filed Apr 23, 2026
Research Summary
AI-generated summary of this filing
GoldenTree Opportunistic Credit Fund 10% Owner Buys $37.5M Stock
What Happened
GoldenTree Asset Management LP, a reported 10% owner of GoldenTree Opportunistic Credit Fund, acquired 3,662,109.38 shares in an open-market purchase on 2026-04-21 at $10.24 per share (total $37,500,000). The filing also reports 146,056.48 shares received on 2025-12-15 via a bonus share allocation (price not applicable).
Key Details
- Transactions: 2025-12-15 — Other acquisition (bonus share allocation) 146,056.48 shares (price N/A); 2026-04-21 — Open-market purchase 3,662,109.38 shares at $10.24 ($37,500,000 total).
- Filing date: 2026-04-23 (the Dec 15 bonus allocation was reported late; the Apr 21 purchase was reported within the Form 4 filed Apr 23).
- Shares owned after transaction: not specified in the filing. The filing states reported ownership reflects holdings as of the filing date and includes prior purchases (see footnote).
- Notable footnotes: some shares (161,681.772) were acquired via the issuer's dividend reinvestment plan; securities are held in accounts managed by GoldenTree Asset Management LP and of record by GoldenVest LLC. GoldenTree Asset Management LLC (general partner) and Steven A. Tananbaum may be deemed to share beneficial ownership but disclaim such ownership except for any pecuniary interest.
Context
This is institutional trading by a 10% owner (managed accounts), not an individual executive trade. Purchases like this can be more informative to retail investors than routine sales, but the filing does not state intent — it only reports the acquisitions and related record/beneficial ownership details.
Insider Transaction Report
- Other
Class I Shares of Beneficial Interest
[F1][F2][F3]2025-12-15+146,056.48→ 16,003,321.47 total(indirect: See Footnote) - Purchase
Class I Shares of Beneficial Interest
[F4][F3]2026-04-21$10.24/sh+3,662,109.38$37,500,000→ 19,827,112.62 total(indirect: See Footnote)
- 1,986,843.31(indirect: See Footnote)
Class I Shares of Beneficial Interest
[F5]
Footnotes (5)
- [F1]Shares acquired pursuant to a bonus share allocation.
- [F2]The amount reported herein reflects ownership as of the date of this filing and includes securities acquired in purchases previously reported on Forms 4 following the date of the reported transaction.
- [F3]These securities are held by accounts managed by GoldenTree Asset Management LP. GoldenTree Asset Management LLC (the "General Partner") is the general partner of GoldenTree Asset Management LP. Steven A. Tananbaum is the managing member of the General Partner. Accordingly, each of the foregoing entities and Steven A. Tananbaum may be deemed to share beneficial ownership of the securities reported herein. Each of them disclaims any such beneficial ownership except to the extent of their pecuniary interest therein, if any.
- [F4]Includes 161,681.772 shares acquired by accounts managed by GoldenTree Asset Management LP pursuant to the Issuer's dividend reinvestment plan.
- [F5]The securities are held of record by GoldenVest LLC. Steven A. Tananbaum is the managing member of GoldenVest LLC and therefore may be deemed to share beneficial ownership of the securities held of record by GoldenVest LLC. Steven A. Tananbaum disclaims any such beneficial ownership except to the extent of his pecuniary interest therein, if any.