Michel Mark D. Files Initial Form 3; Reports No PCN Holdings
Rhea-AI Filing Summary
Michel Mark D. filed an initial Form 3 related to PIMCO CORPORATE & INCOME STRATEGY FUND (ticker PCN) reporting a relationship as a Director. The event date listed is 09/18/2025. The filing states no securities are beneficially owned by the reporting person. The Form 3 was executed on behalf of Michel D. Mark by attorney-in-fact Ryan Leshaw with a signature date of 09/25/2025. The filing was submitted by one reporting person and includes Exhibit 24 (Power of Attorney).
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Insights
TL;DR: Director filed an initial Form 3 but reports no beneficial ownership, indicating no personal stock position is recorded.
The Form 3 documents an initial reporting relationship between Michel Mark D. and the issuer PCN with the filer identified as a director. Materially, the filing contains no ownership data because it explicitly states that no securities are beneficially owned. From a governance perspective, this is a routine disclosure establishing the reporting obligation without indicating an ownership stake or transaction. The inclusion of Exhibit 24 (Power of Attorney) and an attorney-in-fact signature are administrative details supporting the filing.
TL;DR: Routine compliance filing; records relationship and certification but shows no reportable holdings.
This Form 3 fulfills Section 16 initial-report requirements by identifying the reporting person, relationship (Director), issuer (PCN), and event date of 09/18/2025. It expressly states there are no non-derivative or derivative securities beneficially owned. The filing was signed by an attorney-in-fact on 09/25/2025 and includes the required Power of Attorney exhibit, indicating proper procedural compliance rather than a material securities event.