STOCK TITAN

[Form 4] Barings Corporate Investors Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

Barings Corporate Investors (NYSE:MCI) filed a Form 4 that records a small, plan-based insider transaction by advisory board member Merritt Sears.

On 26 June 2025, the reporting person entered a transaction classified under code J (other), reflecting 88.1935 notional common shares allocated within the MassMutual Non-Qualified Thrift Plan at a reference price of $21.50. After the move, Sears’ total plan-based beneficial interest equals 8,210.0731 notional shares.

The filing emphasizes that the compensation plan is entirely notional—neither the plan nor the participant holds actual MCI shares, and amounts become exercisable only upon separation or other permitted events. No direct market purchase or sale of the issuer’s stock occurred, and the dollar value of the change (< $2,000) appears immaterial to investors.

Barings Corporate Investors (NYSE:MCI) ha presentato un Modulo 4 che registra una piccola transazione interna basata su un piano da parte del membro del consiglio consultivo Merritt Sears.

Il 26 giugno 2025, la persona che ha effettuato la segnalazione ha eseguito una transazione classificata con il codice J (altro), relativa a 88,1935 azioni ordinarie teoriche assegnate nell'ambito del MassMutual Non-Qualified Thrift Plan a un prezzo di riferimento di 21,50 $. Dopo questa operazione, l’interesse totale basato sul piano di Sears ammonta a 8.210,0731 azioni teoriche.

La comunicazione sottolinea che il piano di compensazione è interamente teorico: né il piano né il partecipante detengono azioni reali di MCI, e gli importi diventano esercitabili solo in caso di separazione o altri eventi consentiti. Non è avvenuto alcun acquisto o vendita diretta sul mercato delle azioni dell’emittente, e il valore in dollari della variazione (< 2.000 $) sembra irrilevante per gli investitori.

Barings Corporate Investors (NYSE:MCI) presentó un Formulario 4 que registra una pequeña transacción interna basada en un plan por parte del miembro del consejo asesor Merritt Sears.

El 26 de junio de 2025, la persona que reporta realizó una transacción clasificada bajo el código J (otro), que refleja 88.1935 acciones comunes nocionales asignadas dentro del Plan No Calificado de Ahorro de MassMutual a un precio de referencia de $21.50. Tras esta operación, el interés total basado en el plan de Sears asciende a 8,210.0731 acciones nocionales.

La presentación enfatiza que el plan de compensación es completamente nocional: ni el plan ni el participante poseen acciones reales de MCI, y los montos solo se vuelven ejercitables tras la separación u otros eventos permitidos. No hubo compra o venta directa en el mercado de las acciones del emisor, y el valor en dólares del cambio (< $2,000) parece ser insignificante para los inversores.

Barings Corporate Investors (NYSE:MCI)는 자문위원인 Merritt Sears의 소규모 계획 기반 내부 거래를 기록한 Form 4를 제출했습니다.

2025년 6월 26일, 신고자는 코드 J(기타)로 분류된 거래를 실행했으며, 이는 MassMutual 비자격 저축 계획 내에서 88.1935명의 명목 보통주가 기준 가격 $21.50에 할당된 것을 반영합니다. 이 거래 후 Sears의 총 계획 기반 실질 이익은 8,210.0731명의 명목 주식에 달합니다.

신고서는 보상 계획이 전적으로 명목상의 것임을 강조합니다 — 계획이나 참가자 모두 실제 MCI 주식을 보유하지 않으며, 금액은 퇴사 또는 기타 허용된 사건 발생 시에만 행사할 수 있습니다. 발행인의 주식에 대한 직접적인 시장 매매는 없었으며, 변화의 달러 가치는 (< $2,000) 투자자에게는 중요하지 않은 것으로 보입니다.

Barings Corporate Investors (NYSE:MCI) a déposé un formulaire 4 enregistrant une petite transaction d’initié basée sur un plan par le membre du conseil consultatif Merritt Sears.

Le 26 juin 2025, la personne déclarant a effectué une transaction classifiée sous le code J (autre), reflétant 88,1935 actions ordinaires notionnelles attribuées dans le cadre du MassMutual Non-Qualified Thrift Plan à un prix de référence de 21,50 $. Après cette opération, l’intérêt bénéficiaire total basé sur le plan de Sears s’élève à 8 210,0731 actions notionnelles.

Le dépôt souligne que le plan de rémunération est entièrement notionnel — ni le plan ni le participant ne détiennent d’actions réelles de MCI, et les montants ne deviennent exerçables qu’en cas de séparation ou d’autres événements autorisés. Aucun achat ou vente directe d’actions de l’émetteur n’a eu lieu sur le marché, et la valeur en dollars du changement (< 2 000 $) semble sans importance pour les investisseurs.

Barings Corporate Investors (NYSE:MCI) hat ein Formular 4 eingereicht, das eine kleine, planbasierte Insider-Transaktion durch das Mitglied des Beratungsgremiums Merritt Sears dokumentiert.

Am 26. Juni 2025 führte die meldende Person eine Transaktion durch, die unter dem Code J (sonstige) klassifiziert ist und 88,1935 nominelle Stammaktien widerspiegelt, die im MassMutual Non-Qualified Thrift Plan zu einem Referenzpreis von 21,50 $ zugewiesen wurden. Nach diesem Vorgang beläuft sich Sears’ gesamtes planbasiertes Nutzungsinteresse auf 8.210,0731 nominelle Aktien.

Die Meldung betont, dass der Vergütungsplan vollständig nominell ist – weder der Plan noch der Teilnehmer halten tatsächliche MCI-Aktien, und Beträge werden erst bei Trennung oder anderen zulässigen Ereignissen ausübbar. Es fand kein direkter Kauf oder Verkauf von Aktien des Emittenten am Markt statt, und der Dollarwert der Änderung (< 2.000 $) erscheint für Anleger unerheblich.

Positive
  • None.
Negative
  • None.

Barings Corporate Investors (NYSE:MCI) ha presentato un Modulo 4 che registra una piccola transazione interna basata su un piano da parte del membro del consiglio consultivo Merritt Sears.

Il 26 giugno 2025, la persona che ha effettuato la segnalazione ha eseguito una transazione classificata con il codice J (altro), relativa a 88,1935 azioni ordinarie teoriche assegnate nell'ambito del MassMutual Non-Qualified Thrift Plan a un prezzo di riferimento di 21,50 $. Dopo questa operazione, l’interesse totale basato sul piano di Sears ammonta a 8.210,0731 azioni teoriche.

La comunicazione sottolinea che il piano di compensazione è interamente teorico: né il piano né il partecipante detengono azioni reali di MCI, e gli importi diventano esercitabili solo in caso di separazione o altri eventi consentiti. Non è avvenuto alcun acquisto o vendita diretta sul mercato delle azioni dell’emittente, e il valore in dollari della variazione (< 2.000 $) sembra irrilevante per gli investitori.

Barings Corporate Investors (NYSE:MCI) presentó un Formulario 4 que registra una pequeña transacción interna basada en un plan por parte del miembro del consejo asesor Merritt Sears.

El 26 de junio de 2025, la persona que reporta realizó una transacción clasificada bajo el código J (otro), que refleja 88.1935 acciones comunes nocionales asignadas dentro del Plan No Calificado de Ahorro de MassMutual a un precio de referencia de $21.50. Tras esta operación, el interés total basado en el plan de Sears asciende a 8,210.0731 acciones nocionales.

La presentación enfatiza que el plan de compensación es completamente nocional: ni el plan ni el participante poseen acciones reales de MCI, y los montos solo se vuelven ejercitables tras la separación u otros eventos permitidos. No hubo compra o venta directa en el mercado de las acciones del emisor, y el valor en dólares del cambio (< $2,000) parece ser insignificante para los inversores.

Barings Corporate Investors (NYSE:MCI)는 자문위원인 Merritt Sears의 소규모 계획 기반 내부 거래를 기록한 Form 4를 제출했습니다.

2025년 6월 26일, 신고자는 코드 J(기타)로 분류된 거래를 실행했으며, 이는 MassMutual 비자격 저축 계획 내에서 88.1935명의 명목 보통주가 기준 가격 $21.50에 할당된 것을 반영합니다. 이 거래 후 Sears의 총 계획 기반 실질 이익은 8,210.0731명의 명목 주식에 달합니다.

신고서는 보상 계획이 전적으로 명목상의 것임을 강조합니다 — 계획이나 참가자 모두 실제 MCI 주식을 보유하지 않으며, 금액은 퇴사 또는 기타 허용된 사건 발생 시에만 행사할 수 있습니다. 발행인의 주식에 대한 직접적인 시장 매매는 없었으며, 변화의 달러 가치는 (< $2,000) 투자자에게는 중요하지 않은 것으로 보입니다.

Barings Corporate Investors (NYSE:MCI) a déposé un formulaire 4 enregistrant une petite transaction d’initié basée sur un plan par le membre du conseil consultatif Merritt Sears.

Le 26 juin 2025, la personne déclarant a effectué une transaction classifiée sous le code J (autre), reflétant 88,1935 actions ordinaires notionnelles attribuées dans le cadre du MassMutual Non-Qualified Thrift Plan à un prix de référence de 21,50 $. Après cette opération, l’intérêt bénéficiaire total basé sur le plan de Sears s’élève à 8 210,0731 actions notionnelles.

Le dépôt souligne que le plan de rémunération est entièrement notionnel — ni le plan ni le participant ne détiennent d’actions réelles de MCI, et les montants ne deviennent exerçables qu’en cas de séparation ou d’autres événements autorisés. Aucun achat ou vente directe d’actions de l’émetteur n’a eu lieu sur le marché, et la valeur en dollars du changement (< 2 000 $) semble sans importance pour les investisseurs.

Barings Corporate Investors (NYSE:MCI) hat ein Formular 4 eingereicht, das eine kleine, planbasierte Insider-Transaktion durch das Mitglied des Beratungsgremiums Merritt Sears dokumentiert.

Am 26. Juni 2025 führte die meldende Person eine Transaktion durch, die unter dem Code J (sonstige) klassifiziert ist und 88,1935 nominelle Stammaktien widerspiegelt, die im MassMutual Non-Qualified Thrift Plan zu einem Referenzpreis von 21,50 $ zugewiesen wurden. Nach diesem Vorgang beläuft sich Sears’ gesamtes planbasiertes Nutzungsinteresse auf 8.210,0731 nominelle Aktien.

Die Meldung betont, dass der Vergütungsplan vollständig nominell ist – weder der Plan noch der Teilnehmer halten tatsächliche MCI-Aktien, und Beträge werden erst bei Trennung oder anderen zulässigen Ereignissen ausübbar. Es fand kein direkter Kauf oder Verkauf von Aktien des Emittenten am Markt statt, und der Dollarwert der Änderung (< 2.000 $) erscheint für Anleger unerheblich.

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*
Merritt Sears

(Last) (First) (Middle)
C/O BARINGS LLC
300 SOUTH TRYON STREET, SUITE 2500

(Street)
CHARLOTTE NC 28202

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
BARINGS CORPORATE INVESTORS [ MCI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
Officer (give title below) X Other (specify below)
Adviser Board Member
3. Date of Earliest Transaction (Month/Day/Year)
06/26/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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
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
MassMutual Non-Qualified Thrift Plan (1) 06/26/2025 J(2) 88.1935 (1) (1) Common Shares ("Shares of Beneficial Interest") 88.1935 $21.5 8,210.0731 D
Explanation of Responses:
1. Exercisable only upon termination, retirement, or other plan permitted event. Plan holdings may be "liquidated" and reallocated into other plan investment options by the plan participant. The derivative has no actual securities underlying the plan agreement, which is entirely notional.
2. Barings LLC (fka Babson Capital Management LLC) and Massachusetts Mutual Life Insurance Company each offer a non-qualified compensation deferral plan where certain officers are permitted to defer a portion of their compensation into the plans. Deferred compensation into a plan is allocated among one or more investment options at the election of the plan participant. Each plan has an investment option that derives its value from the market value of Barings Corporate Investors' common shares (and includes the value of reinvested dividends). However, pursuant to the terms of the plans, neither the plans nor the participants have an actual ownership interest in the common shares. The shares beneficially owned include the number of shares of Barings Corporate Investors represented by the value of the Barings Corporate Investors investment option under the plan held by the plan participant.
Stacy Standridge, as Attorney-in-fact 06/27/2025
** 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.

FAQ

How many notional MCI shares did Merritt Sears report in the June 26, 2025 Form 4?

The filing shows 88.1935 notional shares were recorded in the MassMutual Non-Qualified Thrift Plan.

What price was associated with the reported plan-based transaction for MCI?

The transaction used a reference price of $21.50 per notional share.

What is Merritt Sears's role at Barings Corporate Investors (MCI)?

He is listed as an Advisory Board Member of the issuer.

How many notional shares does the reporting person hold after the transaction?

Following the entry, Sears holds 8,210.0731 notional shares tied to the deferred compensation plan.

Does the Form 4 indicate any direct purchase or sale of MCI common shares?

No. The change relates to a non-qualified compensation deferral plan and involves no direct ownership transfer of MCI stock.
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