Onorio Kenneth P. 4
4 · Eagle Point Credit Co Inc. · Filed Mar 13, 2026
Research Summary
AI-generated summary of this filing
Eagle Point Credit (ECC) CFO Kenneth Onorio Buys 110,000 Shares
What Happened
- Kenneth P. Onorio, CFO and COO of Eagle Point Credit Co. Inc. (ECC), acquired 110,000 shares on March 13, 2026 in an open-market/private purchase (transaction code P). The reported weighted-average price was $3.74 per share for a total reported cost of $411,400. This filing reports a purchase (insider buy), which many investors view as a positive signal, though motivations are not stated.
Key Details
- Transaction date: 2026-03-13
- Transaction type: Purchase (Open market/private purchase) — Code P
- Shares acquired: 110,000 at a weighted average price of $3.74 (total ~$411,400)
- Price range: purchases occurred at prices from $3.72 to $3.75 (weighted avg reported) — reporting person will provide per-price breakdown to SEC on request
- Shares owned after transaction: Not specified in the filing
- Timeliness: Filed with the SEC on 2026-03-13 (same date as transaction) — appears timely
- Notable footnotes:
- F1: Shares are held in accounts for the benefit of Onorio’s children; he has investment authority but disclaims beneficial ownership except for any pecuniary interest.
- F2: Includes shares acquired through the issuer’s dividend reinvestment plan.
- F3: The $3.74 is a weighted average; purchases were made in multiple trades between $3.72 and $3.75.
Context
- This was a straight purchase rather than an option exercise or gift. Purchases by officers can be interpreted as a vote of confidence, but they do not guarantee future performance. The filing discloses that some shares are held in accounts for his children and that part of the holding history may include shares from the company’s dividend reinvestment plan.
Insider Transaction Report
Form 4
Onorio Kenneth P.
CFO / COO
Transactions
- Purchase
Common Stock, par value $0.001 per share
[F3][F2]2026-03-13$3.74/sh+110,000$411,400→ 205,756 total
Holdings
- 1,302(indirect: By Children)
Common Stock, par value $0.001 per share
[F2][F1]
Footnotes (3)
- [F1]These shares are held in accounts for the benefit of Kenneth Onorio's children. Kenneth Onorio has investment authority over these accounts. Kenneth Onorio disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein.
- [F2]Includes shares acquired through the Issuer's dividend reinvestment plan.
- [F3]The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $3.72 to $3.75, inclusive. Upon request by the staff of the Securities and Exchange Commission, the Issuer or any security holder of the Issuer, the reporting person undertakes to provide full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
Signature
/s/ Kenneth P. Onorio|2026-03-13