Castle Adam C 4
4 · Lord Abbett Credit Opportunities Fund · Filed Mar 25, 2026
Research Summary
AI-generated summary of this filing
Lord Abbett (LCRDX) Portfolio Manager Adam C. Castle Buys Shares
What Happened
- Adam C. Castle, a portfolio manager for Lord Abbett Credit Opportunities Fund (LCRDX), made an open-market purchase of 3,706.96 shares on March 23, 2026 at $8.30 per share, for a total cost of $30,768. This was a purchase (buy), which is generally viewed as a more informative signal than a sale.
Key Details
- Transaction type: Open-market purchase (Code P)
- Transaction date: 2026-03-23; reported on Form 4 filed 2026-03-25 (timely filing)
- Price and amount: 3,706.96 shares at $8.30 each; total value $30,768
- Shares owned after transaction: Not disclosed in the provided filing summary
- Footnotes/plan info: No 10b5‑1 plan, tax withholding, or other special footnotes indicated in the provided data
Context
- This was a straightforward buy of fund shares on the open market by a portfolio manager. Purchases can reflect confidence or re-balancing by insiders, but filings alone do not reveal motives. No late filing was indicated; the Form 4 was submitted within the normal reporting window.
Insider Transaction Report
Form 4
Castle Adam C
Other
Transactions
- Purchase
Common Shares
2026-03-23$8.30/sh+3,706.96$30,768→ 24,202.84 total
Signature
/s/ Christine Y. Sun, attorney - in - fact for Adam C. Castle|2026-03-25