Insider buys in FS Credit Opportunities (NYSE: FSCO) via IRAs disclosed
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FS Credit Opportunities Corp. director Michael C. Forman reported indirect open-market purchases of the company’s common stock. On February 26, 2026, an IRA associated with him bought 87 shares at $5.20 per share, and an IRA of his spouse Jennifer Rice bought 38,462 shares at $5.20 per share. A related footnote explains that a previous filing had inaccurately included the 87 shares reported here and clarifies prior totals.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 38,549 shares ($200,455)
Net Buy
3 txns
Insider
Forman Michael C.
Role
See Remarks
Bought
38,549 shs ($200K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 87 | $5.20 | $452.40 |
| Purchase | Common Stock | 38,462 | $5.20 | $200K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 44,312 shares (Indirect, IRA)
Footnotes (1)
- 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. The previous filing inaccurately included the 87 shares noted in this filing. The previous purchase was on 2/25/26 for 34,295 shares for a total of 44,225. Shares are indirectly owned by the reporting person's spouse.
FAQ
What insider transactions did FSCO director Michael C. Forman report?
He reported indirect open-market purchases of FS Credit Opportunities Corp. common stock. An IRA associated with him bought 87 shares at $5.20, and his spouse Jennifer Rice’s IRA bought 38,462 shares at $5.20 on February 26, 2026.
Were the FSCO purchases made directly by Michael C. Forman?
No, the purchases were reported as indirectly owned. One transaction was through an IRA associated with him, and the other through his spouse Jennifer Rice’s IRA, both categorized as indirect ownership in the Form 4 data.
Does the FSCO Form 4 mention any corrections to prior insider reports?
Yes. A footnote states that a previous filing inaccurately included the 87 shares noted in this filing and explains that the prior purchase on February 25, 2026 was 34,295 shares, for a corrected total of 44,225 shares.