CFO Kenneth P. Onorio buys $411,400 of Eagle Point Credit Co (ECC)

Kenneth P. Onorio, chief financial officer of Eagle Point Credit Co, bought 110,000 shares on the open market on March 13, 2026 at an average of $3.74 a share, for a total of $411,400. The purchase was reported to the SEC on Form 4 on March 13, 2026.

It raised their holding by 115%, to 205,756 shares.

The purchase came after a fall: Eagle Point Credit Co stock was down 36.5% over the 13 weeks before.

1 other insider also bought at least $10,000 of ECC within 30 days, which makes this a cluster buy.

In the 12 months up to this filing, Eagle Point Credit Co insiders reported 1 open-market purchase and 0 sales.

WallStPal Score: 69 out of 100, because of raised their holding by 115%; 1 other insider also bought; the stock had fallen 36.5% in the 13 weeks before; bought by a top executive.

What happened next: after 1 month the stock was up 6.4% (8.9 points better than the S&P 500); after 3 months the stock was up 8.6% (1.1 points worse than the S&P 500); after 6 months the stock was up 4.8% (9.7 points worse than the S&P 500). Based on weekly prices from the week of the purchase.

Our read

The first open-market purchase by Kenneth P. Onorio in our records, made after a 36.5% fall in 13 weeks, a setup where insider buying has historically mattered most. It is worth reading next to the company's own results and news before drawing conclusions.

Source: SEC Form 4 filing ↗. This story was written automatically from the filing and weekly price data. Information, not investment advice.

Examples

Big insider purchases have made news before. In January 2016, with bank stocks falling, JPMorgan Chase CEO Jamie Dimon bought 500,000 JPMorgan shares, about $26 million of his own money, and the purchase was widely reported as a sign of confidence.

Explain it like I'm 13

Kenneth P. Onorio helps run Eagle Point Credit Co. Spending $411,400 of their own money on the company's stock is like a coach buying a big stack of tickets to their own team's games: it suggests they think the team will do well. It is not a promise, and insiders can be wrong.

More: all ECC insider trades · Kenneth P. Onorio's track record