Ko Daniel W. 4
4 · Eagle Point Credit Co Inc. · Filed Mar 18, 2026
Research Summary
AI-generated summary of this filing
Eagle Point Credit (ECC) Sr. Principal Daniel Ko Buys $200K Stock
What Happened
Daniel W. Ko, Senior Principal / Portfolio Manager at Eagle Point Credit Co. (ECC), reported an open-market/private purchase of 57,165 shares on 2026-03-18. The aggregated purchase value was $200,078 at a weighted average price of about $3.50 per share. This was a purchase (acquisition) rather than a sale.
Key Details
- Transaction date: 2026-03-18 (report filed the same day) — timely filing.
- Transaction type/code: P = Purchase (open market or private purchase).
- Shares purchased: 57,165 shares.
- Price reported: weighted average $3.50/share; footnote says executions ranged $3.49–$3.50.
- Total value: $200,078.
- Shares owned after transaction: not specified in this Form 4 filing.
- Notable footnote: the filing discloses the $3.50 weighted average and offers to provide a breakdown of how many shares were bought at each price in the $3.49–$3.50 range upon SEC staff request.
Context
Insider purchases are often watched by investors as one data point of potential confidence, but they do not by themselves indicate future performance. This filing shows a modest-sized purchase (about $200K) by a portfolio manager; the filing does not indicate 10% owner status or other plans (e.g., 10b5-1).
Insider Transaction Report
- Purchase
Common Stock, par value $0.001 per share
[F1]2026-03-18$3.50/sh+57,165$200,078→ 82,665 total
Footnotes (1)
- [F1]The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $3.49 to $3.50, 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.