Eagle Point (PDCC) reports 26.80% of Pearl Diver Preferred shares
Rhea-AI Filing Summary
Pearl Diver Credit Company Inc. ownership update: An amendment to Schedule 13G/A reports that Eagle Point Credit Management LLC beneficially owns 369,807 Preferred Shares, representing 26.80% of the class. The filing names Courtney Fandrick as signatory and is dated 05/05/2026.
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Key Figures
Beneficial ownership: 369,807 shares
Percent of class: 26.80%
Filing signatory date: 05/05/2026
+1 more
4 metrics
Beneficial ownership
369,807 shares
Preferred Shares beneficially owned (Item 4(a))
Percent of class
26.80%
Percent of Preferred Shares class (Item 4(b))
Filing signatory date
05/05/2026
Signature date on Schedule 13G/A amendment
CUSIP
70476Q209
CUSIP for Preferred Shares as listed in Item 2(d)/(e)
Key Terms
Schedule 13G/A, beneficially owned, sole dispositive power
3 terms
Schedule 13G/A regulatory
"Amendment No. 5 ) Pearl Diver Credit Company Inc."
A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.
beneficially owned financial
"Amount beneficially owned: 369,807 shares"
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.
sole dispositive power regulatory
"Sole Dispositive Power 369,807.00"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
Who filed the Schedule 13G/A for PDCC?
The Schedule 13G/A was filed by Eagle Point Credit Management LLC. The filing lists its principal office at 600 Steamboat Road, Suite 202, Greenwich, CT, and names Courtney Fandrick, Chief Compliance Officer, as the signatory on 05/05/2026.
What percentage of PDCC's preferred class does Eagle Point hold?
The filing reports that Eagle Point holds 26.80% of the Preferred Shares class. This percentage is provided under Item 4(b) and corresponds to the 369,807 shares listed as beneficially owned.
Does the filing state voting or dispositive powers for Eagle Point?
Yes. The Schedule 13G/A shows Eagle Point has sole voting power for 369,807 shares and sole dispositive power for 369,807 shares, with no shared voting or dispositive power reported in the itemized ownership disclosure.