MCI President logs 35.4955 plan units; holds 4,855.8629
Barings Corporate Investors (MCI) reported an insider transaction by its President on 10/30/2025 tied to a non‑qualified deferral plan.
Rhea-AI Filing Summary
Barings Corporate Investors (MCI) reported an insider transaction by its President on 10/30/2025 tied to a non‑qualified deferral plan. The filing shows a derivative entry for the Barings Non‑Qualified Thrift Plan with transaction code J (“other”), reflecting 35.4955 plan units at a reference price of $21.17. Following this activity, the reporting person holds 4,855.8629 derivative plan units directly.
The plan is entirely notional: it tracks the market value of MCI common shares (including reinvested dividends) but confers no actual share ownership. Amounts are generally exercisable only upon termination, retirement, or other permitted events, and allocations may be reallocated among plan investment options by the participant.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Barings Non-Qualified Thrift Plan | 35.4955 | $21.17 | $751.44 |
Footnotes (2)
- F1. 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.
- F2. 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.
FAQ
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What did MCI (MCI) disclose in this Form 4?
How many plan units were involved and at what price?
What is the officer’s derivative balance after the transaction?
When can these plan amounts be accessed?
Can the participant change allocations within the plan?
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