Director boosts FS Credit Opportunities (FSCO) stake with 34K-share buy
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FS Credit Opportunities Corp. director and officer Michael C. Forman reported an open-market purchase of common stock. On February 25, 2026, an IRA associated with him bought 34,295 shares at $5.20 per share, bringing that IRA’s indirect holdings to 44,312 shares.
A related footnote explains that shares previously held by MCFDA SCV LLC were transferred in December 2024 to The 2011 Forman Investment Trust, and that Forman disclaims beneficial ownership of any trust-held shares beyond his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 34,295 shares ($178,334)
Net Buy
2 txns
Insider
Forman Michael C.
Role
See Remarks
Bought
34,295 shs ($178K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 34,295 | $5.20 | $178K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 44,312 shares (Indirect, IRA)
Footnotes (1)
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FAQ
What insider transaction did FSCO director Michael C. Forman report?
Michael C. Forman reported an open-market purchase of FSCO common stock. An IRA associated with him bought additional FS Credit Opportunities Corp. shares, increasing his indirect ownership position as disclosed in this Form 4 insider trading report.
How is the FSCO stock owned by Michael C. Forman categorized in the filing?
The purchased FSCO shares are reported as indirectly owned through an IRA. The Form 4 classifies the position as indirect ownership, with the nature of ownership explicitly identified as “IRA” in the transaction details.
What does the Form 4 footnote say about MCFDA SCV LLC and the Forman trust?
The footnote states MCFDA SCV LLC transferred FSCO shares to The 2011 Forman Investment Trust in December 2024. It also notes Forman disclaims beneficial ownership of any trust-held shares beyond his pecuniary interest in that trust.