Barings President logs notional MCI plan adjustment
Barings Corporate Investors President Christina Emery reported an administrative transaction in a non-qualified thrift plan linked to the company’s common shares.
Rhea-AI Filing Summary
Barings Corporate Investors President Christina Emery reported an administrative transaction in a non-qualified thrift plan linked to the company’s common shares. The filing records 42.5986 notional units at $17.64 per unit, bringing her plan balance to 6,575.8283 units. The plan is entirely notional, exercisable only upon events such as termination or retirement, and does not provide actual ownership or voting rights in Barings Corporate Investors common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Other: 42.5986 shares
Other
1 txn
Insider
Emery Christina
Role
President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Barings Non-Qualified Thrift Plan | 42.5986 | $17.64 | $751.44 |
Holdings After Transaction:
Barings Non-Qualified Thrift Plan — 6,575.8283 contracts (Direct)
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.
Key Figures
Notional units transacted: 42.5986 units
Reference price per unit: $17.64 per unit
Notional units following transaction: 6,575.8283 units
3 metrics
Notional units transacted
42.5986 units
Code J other transaction in Barings Non-Qualified Thrift Plan on 2026-04-30
Reference price per unit
$17.64 per unit
Price associated with the 42.5986 notional units
Notional units following transaction
6,575.8283 units
Total notional balance in plan investment option after the transaction
Key Terms
non-qualified compensation deferral plan, notional, investment options, beneficially owned
4 terms
non-qualified compensation deferral plan financial
"each offer a non-qualified compensation deferral plan where certain officers are permitted to defer"
notional financial
"The derivative has no actual securities underlying the plan agreement, which is entirely notional."
Notional refers to the reference amount used to calculate payments or measure the size of a financial contract, without representing actual cash that changes hands. For investors it shows the scale of exposure — like the mileage used to compute a car rental bill even though you don’t buy the miles themselves — and helps compare risk and potential gains or losses across instruments.
investment options financial
"Deferred compensation into a plan is allocated among one or more investment options at the election"
beneficially owned financial
"The shares beneficially owned include the number of shares of Barings Corporate Investors represented"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did MCI’s President Christina Emery report?
Christina Emery reported an administrative Form 4 transaction involving 42.5986 notional units in a Barings non-qualified thrift plan, valued at $17.64 per unit. This adjustment brought her notional plan balance tied to Barings Corporate Investors to 6,575.8283 units.
What is the size of Christina Emery’s notional plan position linked to MCI?
After the reported transaction, Christina Emery’s Barings non-qualified thrift plan shows 6,575.8283 notional units linked to Barings Corporate Investors’ common shares. These units track the market value and reinvested dividends but do not represent direct ownership of actual common shares.
When can Christina Emery access the notional units reported in the Form 4?
The notional units in the Barings non-qualified thrift plan are exercisable only upon termination, retirement, or other permitted plan events. Until such events occur, the holdings remain as notional compensation deferrals rather than directly exercisable or tradable Barings Corporate Investors common shares.
Can plan participants reallocate their MCI-linked notional holdings within the plan?
Yes. According to the disclosure, plan holdings may be “liquidated” and reallocated among other investment options within the non-qualified plan. This reallocation happens inside the plan framework and does not involve direct trading of Barings Corporate Investors common shares in the market.
AI-generated analysis. How Rhea-AI works. Not financial advice.
