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TSI (NYSE: TSI) director boosts stake by 8,833 shares in rights offering

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

TCW Strategic Income Fund Inc. director Robert Gerald Rooney increased his position by exercising subscription rights in a recent rights offering. He exercised 20,499 rights to buy 6,833 shares of common stock at a final subscription price of $4.47 per share and received 2,000 additional shares through the over-subscription privilege, for a total of 8,833 new shares. Following these transactions related to the fully subscribed offer, he directly holds 29,333 shares of common stock.

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Insider ROONEY ROBERT GERALD
Role Director
Type Security Shares Price Value
X Subscription Rights for Shares of Common Stock (right to buy 20,499 $0.00 --
X Common Stock 8,833 $4.47 $39K
Holdings After Transaction: Subscription Rights for Shares of Common Stock (right to buy — 0 shares (Direct); Common Stock — 29,333 shares (Direct)
Footnotes (1)
  1. TCW Strategic Income Fund, Inc. (NYSE: TSI) (the "Fund") issued to the stockholders of record (the "Record Date Stockholders") at the close of business on February 19, 2026 (the "Record Date") transferable rights (each a "Right" and, collectively, the "Rights") entitling such Record Date Stockholders to subscribe for shares of common stock, par value $0.01 per share (the "Common Stock"), of the Fund (the "Offer") at a discount to the market price of the shares of Common Stock. The Fund distributed to Record Date Stockholders one Right for each share of Common Stock held on the Record Date. Record Date Stockholders were entitled to purchase one new share of Common Stock for every three Rights held (1-for-3); however, any Record Date Stockholder who owned fewer than three shares of Common Stock as of the Record Date was entitled to subscribe for one share of Common Stock. Fractional shares of Common Stock were not issued. (Continued from footnote 1) The subscription period commenced on the Record Date and expired on March 18, 2026. The final subscription price of $4.47 per share of Common Stock was determined based upon the terms of the Offer. Record Date Stockholders who exercised all of their primary subscription Rights (other than those Rights to acquire less than one share of Common Stock that could not be exercised) were eligible for an over-subscription privilege entitling Record Date Stockholders to subscribe for additional shares of Common Stock not purchased pursuant to the primary subscription. The Offer was over-subscribed. The over-subscription requests exceeded the over-subscription shares of Common Stock available. Accordingly, the shares of Common Stock subscribed for pursuant to the over-subscription privilege of the Offer were allocated pro rata among those fully exercising record date shareholders who over-subscribed based on the number of shares of Common Stock they owned on Record Date. (Continued from footnote 3) The number of shares of Common Stock acquired was confirmed to exercising Rights holders on March 27, 2026, following the pro-ration and allocation of shares of Common Stock pursuant to the over-subscription privilege. In connection with the Offer, the Reporting Person exercised 20,499 Rights to acquire 6,833 shares of Common Stock, and received an additional 2,000 shares of Common stock pursuant to the over-subscription privilege. In total, the Reporting Person acquired 8,833 shares of Common Stock in connection with the Offer.
Rights Exercised 20,499 rights Subscription rights exercised in TSI offer
Shares from Rights 6,833 shares Common stock acquired by exercising rights
Over-subscription Shares 2,000 shares Additional common stock via over-subscription privilege
Total Shares Acquired 8,833 shares Common stock acquired in connection with the offer
Subscription Price $4.47 per share Final subscription price for common stock
Shares Held After 29,333 shares Direct TSI common stock holdings after transactions
subscription rights financial
"transferable rights entitling such Record Date Stockholders to subscribe for shares of common stock"
Subscription rights are short-term privileges given to existing shareholders to buy additional new shares before the general public, typically at a set price and in proportion to their current holdings. Think of it as getting a coupon for first dibs on extra slices of a pizza so your share of the pie doesn’t shrink; exercising them can be a cheaper way to maintain your ownership and voting power, while ignoring them can reduce your stake and potential future earnings.
over-subscription privilege financial
"were eligible for an over-subscription privilege entitling Record Date Stockholders to subscribe for additional shares"
An over-subscription privilege is a feature of a share offering that lets existing investors request more shares than their initial entitlement, with any extra allocation given only if other investors do not take their full allotment. It matters because it gives shareholders a chance to increase their stake and avoid losing ownership percentage, much like ordering extra slices at a party in case others pass—however, receiving the extras is not guaranteed.
Record Date financial
"stockholders of record at the close of business on February 19, 2026 (the "Record Date")"
The record date is the specific day when a company determines which shareholders are eligible to receive a dividend or participate in an upcoming vote. It’s like a cutoff date; if you own the stock on that day, you get the benefits or voting rights. This date matters because it decides who qualifies for certain company benefits.
rights offering financial
"transferable rights entitling such Record Date Stockholders to subscribe for shares of common stock"
A rights offering is a way for a company to raise additional money by giving existing shareholders the opportunity to buy more shares at a discounted price before they are offered to the public. It’s similar to a special sale where current owners get the first chance to buy extra items at a lower cost, allowing them to increase their investment if they choose. This process matters to investors because it can affect the value of their holdings and their ability to buy new shares at favorable terms.
pro rata financial
"were allocated pro rata among those fully exercising record date shareholders who over-subscribed"
Pro rata means dividing or distributing something proportionally based on a specific factor, such as ownership or contribution. For example, if an investor owns 10% of a company, they would receive 10% of any dividends or benefits allocated. This approach ensures everyone gets their fair share relative to their stake or input, helping investors understand how benefits, costs, or responsibilities are fairly shared.
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Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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*
ROONEY ROBERT GERALD
(Last)(First)(Middle)
C/O TCW INVESTMENT MANAGEMENT
COMPANY, LLC 515 SOUTH FLOWER STREET
(Street)
LOS ANGELES CALIFORNIA 90071
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
TCW STRATEGIC INCOME FUND INC [ TSI ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/27/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock03/27/2025X8,833A$4.4729,333D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Subscription Rights for Shares of Common Stock (right to buy(1)(2)(3)(4)(1)(2)(3)(4)03/27/2026X20,49902/19/202603/18/2026Common Stock6,833(5)(1)(2)(3)(4)0D
Explanation of Responses:
1. TCW Strategic Income Fund, Inc. (NYSE: TSI) (the "Fund") issued to the stockholders of record (the "Record Date Stockholders") at the close of business on February 19, 2026 (the "Record Date") transferable rights (each a "Right" and, collectively, the "Rights") entitling such Record Date Stockholders to subscribe for shares of common stock, par value $0.01 per share (the "Common Stock"), of the Fund (the "Offer") at a discount to the market price of the shares of Common Stock. The Fund distributed to Record Date Stockholders one Right for each share of Common Stock held on the Record Date. Record Date Stockholders were entitled to purchase one new share of Common Stock for every three Rights held (1-for-3); however, any Record Date Stockholder who owned fewer than three shares of Common Stock as of the Record Date was entitled to subscribe for one share of Common Stock. Fractional shares of Common Stock were not issued.
2. (Continued from footnote 1) The subscription period commenced on the Record Date and expired on March 18, 2026.
3. The final subscription price of $4.47 per share of Common Stock was determined based upon the terms of the Offer. Record Date Stockholders who exercised all of their primary subscription Rights (other than those Rights to acquire less than one share of Common Stock that could not be exercised) were eligible for an over-subscription privilege entitling Record Date Stockholders to subscribe for additional shares of Common Stock not purchased pursuant to the primary subscription. The Offer was over-subscribed. The over-subscription requests exceeded the over-subscription shares of Common Stock available. Accordingly, the shares of Common Stock subscribed for pursuant to the over-subscription privilege of the Offer were allocated pro rata among those fully exercising record date shareholders who over-subscribed based on the number of shares of Common Stock they owned on Record Date.
4. (Continued from footnote 3) The number of shares of Common Stock acquired was confirmed to exercising Rights holders on March 27, 2026, following the pro-ration and allocation of shares of Common Stock pursuant to the over-subscription privilege.
5. In connection with the Offer, the Reporting Person exercised 20,499 Rights to acquire 6,833 shares of Common Stock, and received an additional 2,000 shares of Common stock pursuant to the over-subscription privilege. In total, the Reporting Person acquired 8,833 shares of Common Stock in connection with the Offer.
/s/ Peter Davidson, Attorney-in-Fact03/30/2026
** Signature of Reporting PersonDate
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 did TCW Strategic Income Fund (TSI) director Robert Rooney report on this Form 4?

Director Robert Rooney reported acquiring additional TCW Strategic Income Fund common shares through a rights offering. He exercised subscription rights and an over-subscription privilege, increasing his direct holdings to 29,333 shares following completion of the allocation process.

How many TCW Strategic Income Fund (TSI) shares did Robert Rooney acquire in the rights offering?

Robert Rooney acquired a total of 8,833 TCW Strategic Income Fund common shares. He purchased 6,833 shares by exercising 20,499 subscription rights and received an additional 2,000 shares through the over-subscription privilege under the fully subscribed offer.

What was the subscription price in the TSI rights offering reported in this Form 4?

The final subscription price in the TCW Strategic Income Fund rights offering was $4.47 per share of common stock. This price was determined under the offer’s terms and applied to shares purchased through exercised rights and the over-subscription privilege.

How many subscription rights did Robert Rooney exercise in the TSI rights offer?

Robert Rooney exercised 20,499 subscription rights in the TCW Strategic Income Fund offer. Those rights entitled him to buy 6,833 common shares at the final subscription price and participate further through an over-subscription privilege for additional shares.

What are Robert Rooney’s TCW Strategic Income Fund (TSI) holdings after these transactions?

After exercising rights and receiving over-subscription shares, Robert Rooney directly holds 29,333 TCW Strategic Income Fund common shares. This total reflects the 8,833 new shares acquired in connection with the rights offering and the resulting updated ownership position.

How did the over-subscription privilege affect Robert Rooney’s TSI share acquisition?

Because the offer was over-subscribed, over-subscription requests were allocated pro rata. Under this process, Robert Rooney received 2,000 additional TCW Strategic Income Fund common shares, on top of 6,833 shares acquired by exercising his primary subscription rights.