Form 4: Eagle Point Credit Co Inc. Director Thomas P. Majewski Reports Securities Transactions

Sentiment:

SEC Form 4


Director and Officer Thomas P. Majewski reports changes in beneficial ownership of Eagle Point Credit Co Inc. securities.

Summary

  • Thomas P. Majewski, a Director, Officer (Chief Executive Officer and Portfolio Manager) of Eagle Point Credit Co Inc. [ECC], filed a Form 4 detailing changes in beneficial ownership.
  • The earliest transaction date reported is March 21, 2025.
  • Majewski acquired 1,086.9565 shares of Series AA Convertible Perpetual Preferred Stock at $23 per share.
  • Majewski directly owns 2,000 shares of Common Stock, par value $0.001 per share.
  • Majewski directly owns $24,375 of 6.6875% Notes due 2028.
  • Majewski indirectly owns 30,000 shares of Common Stock, par value $0.001 per share, through Majewski Family 2022 Holdings LLC.
  • Majewski indirectly owns $7,425 of 6.6875% Notes due 2028 through Majewski Family 2022 Holdings LLC.
  • Majewski also directly disposed of 3,000 shares of 6.50% Series C Term Preferred Stock due 2031.

Sentiment

Score: 5

Explanation: This is a neutral filing, simply reporting transactions. It doesn't inherently indicate positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of regulatory compliance for corporate insiders, providing transparency into their trading activities and holdings in their own company's stock.

Stakeholder Impact

  • The filing provides transparency to shareholders regarding the trading activities of a company insider.

Key Dates

DateDescription
03/21/2025Date of earliest transaction and filing date.

Keywords

Form 4, Beneficial Ownership, Securities Transactions, Eagle Point Credit Co Inc., ECC, Majewski, Director, Officer

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