GOLDENTREE ASSET MANAGEMENT LP 4

What Happened

• GoldenTree Asset Management LP (reported as a 10% owner) purchased 1,254,921.26 shares of GoldenTree Opportunistic Credit on 2026-05-26 at $10.16 per share, for a total transaction value of $12,750,000. The filing indicates the purchase type as "P" (open market or private purchase), and purchases are generally viewed as a bullish signal relative to sales.
• The reported acquisition includes 32,779.27 shares acquired through the issuer’s dividend reinvestment plan.

Key Details

• Transaction date and price: 2026-05-26 at $10.16 per share.
• Total shares acquired: 1,254,921.26; total value: $12,750,000.
• Shares owned after transaction: Not specified in the provided filing data.
• Filing date: Form 4 filed 2026-05-28 (covers the 2026-05-26 transaction).
• Footnotes:
  • F1 notes 32,779.27 shares were acquired via the issuer’s dividend reinvestment plan.
  • F2/F3 explain securities are held by accounts managed by GoldenTree Asset Management LP; GoldenTree Asset Management LLC is the general partner, and Steven A. Tananbaum is the managing member of relevant entities and may be deemed to share beneficial ownership but disclaims such ownership except to the extent of any pecuniary interest.
• Transaction code: P = Purchase (open market or private purchase).

Context

• This filing is from a 10% institutional owner (not an individual executive). Institutional purchases can reflect portfolio adjustments or confidence in the issuer but do not necessarily indicate firm-level management sentiment.
• The inclusion of shares from a dividend reinvestment plan means part of the reported acquisition came from reinvesting dividends rather than only discretionary open-market buying.