Barings Corporate Investors (MCI) president reports share-linked units

Rhea-AI Filing Summary

Barings Corporate Investors' president reported a transaction in a non-qualified deferred compensation plan that tracks the value of the company’s common shares. On 12/11/2025, 36.6556 additional derivative units under the Barings Non-Qualified Thrift Plan, each tied to one common share at a reference price of $20.5, were credited, bringing the reporting person’s total plan-linked derivative holdings to 5,057.1755 units held directly.

The plan is described as entirely notional, with no actual common shares owned; values are based on the market price and reinvested dividends of Barings Corporate Investors’ shares, and holdings may be liquidated and reallocated among other plan investment options by the participant.

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

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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^*

Emery Christina

(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
X	Officer (give title below)		Other (specify below)
	President

3. Date of Earliest Transaction (Month/Day/Year)
12/11/2025

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
Barings Non-Qualified Thrift Plan	(1)	12/11/2025		J(2)		36.6556		(1)	(1)	Common Shares ("Shares of Beneficial Interest")	36.6556	$20.5	5,057.1755	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	12/15/2025
	** 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).
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FAQ

What insider transaction did Barings Corporate Investors (MCI) report?

The president of Barings Corporate Investors reported a Form 4 transaction involving additional derivative units under the Barings Non-Qualified Thrift Plan, which is a deferred compensation plan linked to the value of the company’s common shares.

How many units were credited in the Barings Corporate Investors (MCI) deferred plan?

On 12/11/2025, the officer was credited with 36.6556 derivative units under the Barings Non-Qualified Thrift Plan, each corresponding to one Barings Corporate Investors common share.

What is the total number of plan-linked units held after the transaction for MCI?

Following the reported transaction, the president beneficially owned 5,057.1755 derivative units under the deferred compensation plan, measured by reference to Barings Corporate Investors’ common shares.

What price is associated with the Barings Corporate Investors (MCI) derivative units?

The Form 4 shows a price of $20.5 for the derivative security tied to each Barings Corporate Investors common share under the non-qualified thrift plan.

Does the Barings Corporate Investors deferred compensation plan involve actual share ownership?

No. The filing explains that the plan is entirely notional: it does not provide actual ownership of Barings Corporate Investors common shares, but instead credits units whose value is derived from the market value and reinvested dividends of those shares.

When can the Barings Corporate Investors non-qualified thrift plan units be exercised or paid out?

The derivative units are exercisable only upon termination, retirement, or another permitted plan event. Plan holdings may be liquidated and reallocated into other investment options available under the plan.