Deferred plan tied to Barings Corporate Investors (NYSE: MCI) shares updated

Q: Does the Form 4 show Harris Terrell W. buying or selling MCI common shares?

The Form 4 does not show a buy or sell of MCI shares. It records a J-code “other transaction” in a non-qualified compensation plan that tracks MCI’s share value but does not involve actual ownership or open-market trading of the company’s common shares.

Q: What is the size of the non-qualified thrift plan position linked to MCI shares?

The filing reports 719.2216 plan units in the Barings non-qualified thrift plan linked to Barings Corporate Investors’ common share value, at a reference price of $19.31. These units are entirely notional and represent deferred compensation rather than direct stock holdings.

Q: Does the insider retain a derivative position after this MCI plan transaction?

The filing shows 719.2216 notional units remaining in the Barings non-qualified thrift plan investment option tied to MCI’s share value. The arrangement is exercisable only upon certain events like termination or retirement and does not represent exercisable options on actual common shares.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

BARINGS CORPORATE INVESTORS insider Harris Terrell W. reported a restructuring-type transaction in a Barings non-qualified thrift plan tied to the value of the company’s common shares. The filing shows 719.2216 plan units as of the transaction, at a reference value of $19.31 per unit.

According to the plan description, this arrangement is entirely notional: it tracks the market value and reinvested dividends of Barings Corporate Investors’ common shares but does not confer actual ownership, voting rights, or direct investment in the shares. The entry reflects deferred compensation allocation within the plan rather than an open-market purchase or sale of stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Harris Terrell W.

Role Insider

Type	Security	Shares	Price	Value
Other	Barings Non-Qualified Thrift Plan	719.222	$19.31	$14K

Holdings After Transaction: Barings Non-Qualified Thrift Plan — 719.222 shares (Direct)

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.

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 03/20/2026 - 01:28 PM

FAQ

What insider activity did Barings Corporate Investors (MCI) report for Harris Terrell W.?

Barings Corporate Investors reported an “other” Form 4 transaction for Harris Terrell W. involving 719.2216 units in a Barings non-qualified thrift plan. This is a notional deferred compensation adjustment, not an open-market stock purchase or sale of common shares.

Does the Form 4 show Harris Terrell W. buying or selling MCI common shares?

The Form 4 does not show a buy or sell of MCI shares. It records a J-code “other transaction” in a non-qualified compensation plan that tracks MCI’s share value but does not involve actual ownership or open-market trading of the company’s common shares.

What is the size of the non-qualified thrift plan position linked to MCI shares?

The filing reports 719.2216 plan units in the Barings non-qualified thrift plan linked to Barings Corporate Investors’ common share value, at a reference price of $19.31. These units are entirely notional and represent deferred compensation rather than direct stock holdings.

How does the Barings non-qualified compensation plan relate to MCI stock?

The plan includes an investment option tied to MCI’s market value. Deferred compensation can be allocated to this option, which mirrors MCI’s share price and reinvested dividends, but neither the plan nor participants obtain actual ownership or voting rights in Barings Corporate Investors’ common shares.

What does transaction code J mean in this MCI Form 4 filing?

Transaction code J indicates an “other” acquisition or disposition. Here it reflects a restructuring-type movement within a non-qualified deferral plan, categorized as a derivative transaction, rather than a straightforward purchase, sale, or option exercise of Barings Corporate Investors’ common shares.

Does the insider retain a derivative position after this MCI plan transaction?

The filing shows 719.2216 notional units remaining in the Barings non-qualified thrift plan investment option tied to MCI’s share value. The arrangement is exercisable only upon certain events like termination or retirement and does not represent exercisable options on actual common shares.

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^*

Harris Terrell W.

(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
Officer (give title below)	X	Other (specify below)
		Officer of the Adviser

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/19/2026

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⁾	03/19/2026		J⁽²⁾		719.2216		⁽¹⁾	⁽¹⁾	Common Shares ("Shares of Beneficial Interest")	719.2216	$19.31	719.2216	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	03/20/2026
	** 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