CIO at Credit Suisse HY Fund (NYSE: DHY) shifts 6,500 shares

Rhea-AI Filing Summary

CREDIT SUISSE HIGH YIELD CREDIT FUND Chief Investment Officer and trustee John G. Popp reported an "other" transaction involving 6,500 common shares at $1.75 per share. The shares were obtained through a transferable rights offering that commenced on April 21, 2026 and expired on May 14, 2026. Following this rights-based restructuring, Popp directly holds 26,000 common shares of the fund.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Popp John G.

Role Chief Investment Officer

Type	Security	Shares	Price	Value
Other	common shares	6,500	$1.75	$11K

Holdings After Transaction: common shares — 26,000 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Rights offering shares: 6,500 shares Subscription price: $1.75 per share Post-transaction holdings: 26,000 shares +3 more

6 metrics

Rights offering shares 6,500 shares Common shares involved in "other" transaction on May 14, 2026

Subscription price $1.75 per share Price for rights offering common shares

Post-transaction holdings 26,000 shares Common shares directly held by John G. Popp after transaction

Rights offering start April 21, 2026 Commencement date of transferable rights offering

Rights offering expiration May 14, 2026 Expiration Date used to set subscription price

NAV pricing factor 86% of NAV Subscription price formula based on net asset value per share

Key Terms

transferable rights offering, subscription price, net asset value, Expiration Date

4 terms

transferable rights offering financial

"The transferable rights offering commenced on April 21, 2026 and expired on May 14, 2026"

A transferable rights offering is a company raising money by giving existing shareholders tradable tokens called “rights” that let them buy new shares at a set price. Think of it like a coupon that shareholders can either use to buy discounted stock, sell to someone else, or let expire; it matters to investors because exercising preserves ownership percentage while selling can provide cash, and the overall offering can dilute share value for those who do nothing.

subscription price financial

"The subscription price was $1.75 per share and was determined based upon a formula"

Subscription price is the set amount an investor pays to buy newly issued shares, bonds or units when a company offers them directly, such as in a rights issue or subscription offering. It matters because it determines how much an investor’s ownership cost will be, affects potential gains or losses and influences dilution of existing shareholders—think of it as a pre-order price that helps decide whether joining the new issue is worthwhile.

net asset value financial

"equal to 86% of the net asset value per common share at the close of trading"

Net asset value is the total value of an investment fund's assets minus any liabilities, divided by the number of shares or units outstanding. It represents the per-share worth of the fund, similar to how the value of a house is determined by its total worth after debts are subtracted. Investors use it to gauge the true value of their holdings and to compare different investment options.

Expiration Date financial

"expired on May 14, 2026 (the "Expiration Date"). The subscription price was $1.75 per share"

The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Popp John G.

(Last) (First) (Middle)

1285 AVENUE OF THE AMERICAS

(Street)

NEW YORK NEW YORK 10019

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
CREDIT SUISSE HIGH YIELD CREDIT FUND [ DHY ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)	X	Other (specify below)
	Chief Investment Officer		Trustee

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/14/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
common shares	05/14/2026		J		6,500(1)	A	$1.75	26,000	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. 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.

	/s/Karen Regan, as attorney-in-fact	05/22/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did DHY’s John G. Popp report on this Form 4?

John G. Popp reported an "other" transaction involving 6,500 common shares of CREDIT SUISSE HIGH YIELD CREDIT FUND. The shares were tied to a transferable rights offering and are not classified as a standard open-market buy or sell.

How many DHY shares does John G. Popp hold after the reported transaction?

After the transaction, John G. Popp directly holds 26,000 common shares of CREDIT SUISSE HIGH YIELD CREDIT FUND. This reflects his position following participation in the rights offering detailed in the Form 4 filing.

What was the price per share in the DHY rights offering referenced in the Form 4?

The rights offering subscription price was $1.75 per common share. This price was determined using a formula equal to 86% of net asset value per share at the close of trading on the Expiration Date on the NYSE American.

When did CREDIT SUISSE HIGH YIELD CREDIT FUND’s rights offering start and end?

The transferable rights offering for CREDIT SUISSE HIGH YIELD CREDIT FUND began on April 21, 2026 and expired on May 14, 2026, which the footnote identifies as the Expiration Date for determining the subscription price.

How is the DHY rights offering subscription price related to net asset value?

The subscription price of $1.75 per share equaled 86% of net asset value per common share at the close of trading on the Expiration Date. This formula links the offering price directly to the fund’s underlying net asset value.