How many share-equivalent units were involved in the MCI deferred compensation plan change?

The filing shows 43.3857 share-equivalent units tied to Barings Corporate Investors’ common shares. These units are part of a non-qualified deferred compensation plan and are entirely notional, meaning they reference the share value but do not represent actual common shares outstanding or directly owned.

How many MCI share-equivalent units does Christina Emery hold after this transaction?

After the reported transaction, Emery’s plan balance represents 6,619.214 share-equivalent units. These units track the value of Barings Corporate Investors’ common shares in the non-qualified deferred compensation plan but do not constitute direct ownership of the underlying common shares themselves.

Barings Corporate Investors (MCI) President logs notional deferred plan units in Form 4

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Barings Corporate Investors President Christina Emery reported an administrative change in a deferred compensation plan tied to the company’s shares. The Form 4 shows an "other" derivative transaction involving 43.3857 units in the Barings Non-Qualified Thrift Plan at $17.32 per unit, bringing the plan balance to 6,619.214 share-equivalent units.

According to the plan terms, these units are entirely notional and have no actual common shares underlying them. Their value tracks Barings Corporate Investors’ common shares, including reinvested dividends, and they are generally exercisable only upon termination, retirement, or another plan-permitted event. This reflects routine compensation deferral, not an open-market stock trade.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Emery Christina

Role President

Type	Security	Shares	Price	Value
Other	Barings Non-Qualified Thrift Plan	43.386	$17.32	$751.44

Holdings After Transaction: Barings Non-Qualified Thrift Plan — 6,619.214 shares (Direct, null)

Footnotes (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. 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: 43.3857 units Transaction price per unit: $17.32 per unit Plan units after transaction: 6,619.214 units +1 more

4 metrics

Notional units transacted 43.3857 units Barings Non-Qualified Thrift Plan transaction on 2026-05-14

Transaction price per unit $17.32 per unit Non-qualified plan units tied to common shares

Plan units after transaction 6,619.214 units Total share-equivalent units represented in the plan

Conversion/exercise price $0.00 Plan derivative listed with zero exercise price

Key Terms

Barings Non-Qualified Thrift Plan, non-qualified compensation deferral plan, entirely notional, investment option, +1 more

5 terms

Barings Non-Qualified Thrift Plan financial

"security_title: "Barings Non-Qualified Thrift Plan""

non-qualified compensation deferral plan financial

"each offer a non-qualified compensation deferral plan where certain officers are permitted"

entirely notional financial

"The derivative has no actual securities underlying the plan agreement, which is entirely notional."

investment option financial

"Deferred compensation into a plan is allocated among one or more investment options"

shares of Beneficial Interest financial

"underlying_security_title: "Common Shares ("Shares of Beneficial Interest")""

Form 4 Insider Transactions: What Each Field Means →

05/15/2026 - 11:13 AM

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^*

Emery Christina

(Last)

(First)

(Middle)

C/O BARINGS LLC

300 SOUTH TRYON STREET, SUITE 2500

(Street)

CHARLOTTE

NORTH CAROLINA

28202

(City)

(State)

(Zip)

UNITED STATES

(Country)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/14/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Barings Non-Qualified Thrift Plan	⁽¹⁾	05/14/2026		J⁽²⁾		43.3857		⁽¹⁾	⁽¹⁾	Common Shares ("Shares of Beneficial Interest")	43.3857	$17.32	6,619.214	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	05/15/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did MCI President Christina Emery report on this Form 4?

Christina Emery reported an "other" derivative transaction in a Barings Non-Qualified Thrift Plan. The filing shows 43.3857 notional units tied to Barings Corporate Investors’ common shares, reflecting a routine compensation-related plan adjustment rather than an open-market stock purchase or sale.

What price per unit is shown for Christina Emery’s MCI plan transaction?

The Form 4 discloses a transaction price of $17.32 per unit for 43.3857 plan units. This price applies to notional units whose value is derived from Barings Corporate Investors’ common shares, including reinvested dividends, within the non-qualified deferred compensation plan framework.

Does the non-qualified plan give Christina Emery actual ownership of MCI common shares?

No. The filing states the plan and participants have no actual ownership interest in MCI common shares. The plan balance is entirely notional, with an investment option whose value is derived from the market value of Barings Corporate Investors’ common shares and reinvested dividends.

When can the MCI non-qualified thrift plan units generally be exercised or paid out?

The footnotes explain the plan units are exercisable only upon termination, retirement, or another plan-permitted event. Until such a triggering event occurs, the units remain as notional deferred compensation, tracking the value of Barings Corporate Investors’ common shares within the plan.