[Form 4] Barings Corporate Investors Insider Trading Activity

Rhea-AI Filing Summary

Barings Corporate Investors (MCI) – Form 4: President Christina Emery disclosed a 07/24/2025 Code J transaction inside the Barings Non-Qualified Thrift Plan. The filing credits her account with 35.9885 notional shares at an indicative $20.88, lifting her plan-based beneficial interest to 4,520.5507 shares. The plan is a deferred-compensation vehicle and confers no direct ownership of MCI stock; holdings are purely notional and become accessible only upon termination, retirement, or another qualifying event. No open-market purchase or sale occurred, so dilution and trading impact are negligible.

Positive

• Continued alignment: Additional notional units suggest the President keeps exposure to MCI’s share performance within her compensation plan.

Negative

• No actual share purchase: Transaction is notional, offering limited insight into genuine insider conviction.

Insights

Financial Analyst

TL;DR: Routine deferred-comp plan entry; no real shares change, minimal market impact.

The Code J classification denotes a non-market, other acquisition. Emery’s 35.9885 notional share increase is immaterial versus both float and her existing 4.5 k notional units. Because the Non-Qualified Thrift Plan mirrors MCI’s share price without holding stock, there’s neither cash outlay nor insider buying signal. Investors should view this as administrative rather than indicative of insider sentiment.

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
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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).

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)
07/24/2025

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)	07/24/2025		J(2)		35.9885		(1)	(1)	Common Shares ("Shares of Beneficial Interest")	35.9885	$20.88	4,520.5507	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	07/25/2025
	** 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

What did Christina Emery report in the latest MCI Form 4?

A Code J entry adding 35.9885 notional shares to her Non-Qualified Thrift Plan on 07/24/2025.

How many Barings Corporate Investors shares does Emery now beneficially own?

She has an equivalent of 4,520.5507 notional shares within the plan.

Does the transaction involve actual MCI stock purchases?

No. The plan is entirely notional; neither the plan nor Emery owns the underlying shares.

What does transaction code J mean on Form 4?

Code J indicates ‘Other’—a non-market, non-option related acquisition or disposition, often administrative.

At what reference price were the notional shares credited?

The filing lists an indicative price of $20.88 per notional share.