FS Credit Opportunities (NYSE: FSCO) director adds 4,080 shares
Rhea-AI Filing Summary
FS Credit Opportunities Corp. director and officer Michael C. Forman, through an IRA, bought 4,080 shares of common stock at $5.20 per share on 2026-02-24. After this open-market purchase, that IRA’s indirect holdings reported in the filing total 9,930 shares.
The filing also notes that in December 2024, shares previously held by MCFDA SCV LLC were transferred to The 2011 Forman Investment Trust, and Forman disclaims beneficial ownership of trust-held shares beyond his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 4,080 shares
Net Buy
2 txns
Insider
Forman Michael C.
Role
See Remarks
Bought
4,080 shs ($21K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 4,080 | $5.20 | $21K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 9,930 shares (Indirect, IRA);
Common Stock — 0 shares (Indirect, MCFDA SCV LLC)
Footnotes (1)
- F1. In December 2024, MCFDA SCV LLC, which is a wholly-owned special purpose financing vehicle of which The 2011 Forman Investment Trust is a member, transferred its shares of FS Credit Opportunities Corp. to The 2011 Forman Investment Trust. The reporting person disclaims beneficial ownership of any shares held by The 2011 Forman Investment Trust that exceed his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or any other purpose.
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FAQ
What insider transaction did FSCO report for Michael C. Forman?
FS Credit Opportunities Corp. reported that Michael C. Forman, via an IRA, bought 4,080 shares of common stock. The open-market purchase occurred at $5.20 per share, increasing that IRA’s indirectly held position to 9,930 shares as reported in the Form 4 filing.
What does the FSCO Form 4 say about MCFDA SCV LLC and the Forman trust?
The Form 4 states that in December 2024, MCFDA SCV LLC transferred its FS Credit Opportunities Corp. shares to The 2011 Forman Investment Trust. It also notes Forman disclaims beneficial ownership of trust shares beyond his pecuniary interest, limiting how those holdings are attributed to him.
Is the FSCO insider purchase by Michael C. Forman direct or indirect ownership?
The reported purchase is indirect ownership through an IRA. The Form 4 lists the 4,080-share open-market buy, at $5.20 per share, under indirect ownership, with total post-transaction IRA holdings of 9,930 FS Credit Opportunities Corp. common shares attributed in that category.