Craddock Geoff 4

4 · BARINGS CORPORATE INVESTORS · Filed Mar 24, 2026

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Updated Mar 24, 2026

Barings Corporate Investors Adviser Geoff Craddock Acquires Notional Shares

What Happened

Geoff Craddock, an Adviser Board Member of Barings Corporate Investors (MCI), recorded an acquisition on 2026-03-20 of 743.005 shares at $19.30 per share, a notional value of approximately $14,340. The transaction is coded as an "other acquisition or disposition (J)" and reflects a derivative/plan-based credit rather than an open-market stock purchase.

Key Details

Transaction date and price: 2026-03-20 at $19.30 per share.
Shares acquired: 743.005 (total notional value ≈ $14,340).
Shares owned after transaction: Not specified in the provided filing excerpt.
Filing date: 2026-03-24 — Form 4s are generally due within two business days; this filing was submitted one business day after that window (filed 4 calendar days after the transaction).
Notable footnotes:
- F1: The derivative is not backed by actual shares and is exercisable only upon termination, retirement, or other plan-permitted events; plan holdings may be liquidated/reallocated by the participant.
- F2: The amount represents an allocation in a non‑qualified deferred compensation plan (offered by Barings LLC and Massachusetts Mutual Life Insurance Co.) that tracks the market value of Barings Corporate Investors' common shares; plan participants do not have direct ownership of underlying shares.

Context

This was a plan-based, notional acquisition through a deferred compensation arrangement — there were no actual share transfers on the market and the credits are generally payable (or convertible) only on specified plan events (e.g., termination or retirement). Such transactions reflect compensation elections, not immediate insider purchases or sales in the open market, and therefore should be interpreted differently than outright buys or sells.

Form 4

Period: 2026-03-20

Other

Transactions

Other
MassMutual Non-Qualified Thrift Plan
[F1][F2]
2026-03-20$19.30/sh+743.005$14,340→ 13,142.896 total
→ Common Shares ("Shares of Beneficial Interest") (743.005 underlying)

Footnotes (2)

[F1]Exercisable only upon termination, retirement, or other plan permitted event. Plan holdings may be "liquidated" and reallocated into other plan investment options by the plan participant. The derivative has no actual securities underlying the plan agreement, which is entirely notional.
[F2]Barings LLC (fka Babson Capital Management LLC) and Massachusetts Mutual Life Insurance Company each offer a non-qualified compensation deferral plan where certain officers are permitted to defer a portion of their compensation into the plans. Deferred compensation into a plan is allocated among one or more investment options at the election of the plan participant. Each plan has an investment option that derives its value from the market value of Barings Corporate Investors' common shares (and includes the value of reinvested dividends). However, pursuant to the terms of the plans, neither the plans nor the participants have an actual ownership interest in the common shares. The shares beneficially owned include the number of shares of Barings Corporate Investors represented by the value of the Barings Corporate Investors investment option under the plan held by the plan participant.

Signature

Stacy Standridge, as Attorney-in-fact|2026-03-24

1 file