# EDGAR Filing Document

**Accession Number:** 0001847305
**File Stem:** 0001213900-25-111098
**Filing Date:** 2025-11
**Character Count:** 7177
**Document Hash:** bec068808d57c02b80c9beb1818ba97d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001213900-25-111098.hdr.sgml**: 20251117

**ACCESSION NUMBER**: 0001213900-25-111098

**CONFORMED SUBMISSION TYPE**: DFAN14A

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20251117

**DATE AS OF CHANGE**: 20251114

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Tax-Free Fixed Income Fund IV for Puerto Rico Residents, Inc.
- **CENTRAL INDEX KEY:** 0001847305

**ORGANIZATION NAME:**
- **EIN:** 660654627
- **STATE OF INCORPORATION:** PR
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** DFAN14A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 811-23678
- **FILM NUMBER:** 251488464

**BUSINESS ADDRESS:**
- **STREET 1:** 250 MUNOZ RIVERA
- **STREET 2:** TENTH FLOOR
- **CITY:** SAN JUAN
- **STATE:** PR
- **ZIP:** 00918
- **BUSINESS PHONE:** 787-250-3600

**MAIL ADDRESS:**
- **STREET 1:** 250 MUNOZ RIVERA
- **STREET 2:** TENTH FLOOR
- **CITY:** SAN JUAN
- **STATE:** PR
- **ZIP:** 00918

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Puerto Rico Fixed Income Fund IV, Inc.
- **DATE OF NAME CHANGE:** 20210222
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Ocean Capital LLC
- **CENTRAL INDEX KEY:** 0001838395

**ORGANIZATION NAME:**
- **EIN:** 660833476
- **STATE OF INCORPORATION:** PR
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** DFAN14A

**BUSINESS ADDRESS:**
- **STREET 1:** METRO OFFICE PARK
- **STREET 2:** 8 CALLE #1, SUITE 401
- **CITY:** GUAYNABO
- **STATE:** PR
- **ZIP:** 00968
- **BUSINESS PHONE:** 787-979-2165

**MAIL ADDRESS:**
- **STREET 1:** METRO OFFICE PARK
- **STREET 2:** 8 CALLE #1, SUITE 401
- **CITY:** GUAYNABO
- **STATE:** PR
- **ZIP:** 00968

**UNITED STATES<br> SECURITIES AND EXCHANGE COMMISSION<br> Washington, D.C. 20549**

**SCHEDULE 14A**

**INFORMATION REQUIRED IN PROXY STATEMENT**

**SCHEDULE 14A INFORMATION**

**Proxy Statement Pursuant to Section 14(a) of the<br> Securities Exchange Act of 1934**

Filed by the Registrant ☐

Filed by a Party other than the Registrant ☒

Check the appropriate box:

☐ Preliminary Proxy Statement

☐ Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))

☐ Definitive Proxy Statement

☐ Definitive Additional Materials

☒ Soliciting
Material under §240.14a-12

**TAX-FREE FIXED INCOME FUND IV FOR PUERTO RICO RESIDENTS, INC.**

(Name of Registrant as Specified In Its Charter)

**Ocean Capital LLC<br> William Heath Hawk**

**José R. Izquierdo II**

**Roxana Cruz-Rivera**

(Name of Person(s) Filing Proxy Statement, if other than the Registrant)

Payment of Filing Fee (Check all boxes that apply):

☒ No
fee required

☐ Fee paid previously with preliminary materials

☐ Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11

On November 14, 2025, Ocean Capital LLC issued a press release, a copy of which is attached hereto as <u>[Exhibit 1](#a_001)</u>.

**CERTAIN INFORMATION CONCERNING THE PARTICIPANTS**

**To the Shareholders of Tax-Free Fixed Income Fund IV for Puerto Rico Residents, Inc. (the "Fund") (with respect to its 2025 annual meeting of shareholders):**

Ocean Capital and the other participants in its solicitation (collectively, the "Participants") have filed with the SEC a definitive proxy statement and accompanying form of **<u>BLUE</u>** proxy card to be used in connection with the solicitation of proxies from the shareholders of the Fund with respect to its 2025 annual meeting of shareholders. All shareholders of the Fund are advised to read the definitive proxy statement, any amendments or supplements thereto and other documents related to the solicitation of proxies by the Participants, as they contain important information, including additional information relating to the Participants and their direct or indirect interests, by security holdings or otherwise. Shareholders can obtain the definitive proxy statement and accompanying **<u>BLUE</u>** proxy card, any amendments or supplements to the definitive proxy statement, and other relevant documents filed by the Participants with the SEC, at no charge on the SEC's website at http://www.sec.gov.

**<u>Exhibit 1</u>**

**Ocean Capital Announces Termination of Non-Disclosure Agreement with Tax-Free Fixed Income Fund IV**

*Negotiations Concluded Without Agreement*

 

SAN JUAN, Puerto Rico--(BUSINESS WIRE)--Ocean Capital LLC (collectively with its affiliates, "Ocean Capital" or "we"), a significant shareholder of various Puerto Rico closed-end bond funds that are or were managed or co-managed by UBS Asset Managers of Puerto Rico, today announced that it has terminated its nondisclosure agreement (the "NDA") with Tax-Free Fixed Income Fund IV for Puerto Rico Residents, Inc. (the "Fund") effective November 6, 2025.

The NDA had been executed to facilitate discussions of potential cooperation between Ocean Capital and the Fund. In the course of those discussions, representatives of the Fund made clear to Ocean Capital that the Fund's board of directors believes that it is in the best interest of the Fund's shareholders to provide liquidity and eliminate the discount to net asset value at which its shares are currently trading. Further, such representatives acknowledged that the conversion of the Fund to an open-end structure could be a potential option to achieve these objectives.

\*\*\*

**CERTAIN INFORMATION CONCERNING THE PARTICIPANTS**

**To the Shareholders of Tax-Free Fixed Income Fund for Puerto Rico Residents, Inc., Tax-Free Fixed Income Fund II for Puerto Rico Residents, Inc. (with respect to both its 2022 Annual Meeting and its 2024 Annual Meeting), Tax-Free Fixed Income Fund III for Puerto Rico Residents, Inc., Tax-Free Fixed Income Fund IV for Puerto Rico Residents, Inc., Tax-Free Fixed Income Fund V for Puerto Rico Residents, Inc. (with respect to its 2024 Annual Meeting):**

Ocean Capital and the other participants in each solicitation (collectively, the "Participants") have filed with the Securities and Exchange Commission (the "SEC") a definitive proxy statement and accompanying form of **<u>BLUE</u>** proxy card to be used in connection with the solicitation of proxies from the shareholders of each listed Fund for its respective upcoming annual meeting(s) of shareholders. All shareholders of each respective Fund are advised to read the definitive proxy statement, any amendments or supplements thereto and other documents related to the applicable solicitation of proxies by the Participants, as they contain important information, including additional information relating to the Participants and their direct or indirect interests, by security holdings or otherwise. Shareholders can obtain the applicable definitive proxy statement and accompanying **<u>BLUE</u>** proxy card, any amendments or supplements to the definitive proxy statement and other relevant documents filed by the Participants with the SEC at no charge on the SEC's website at http://www.sec.gov.

**Contacts**

Sodali & Co<br> Mike Verrechia / Bill Dooley, 800-662-5200<br> <u>ocean@investor.sodali.com</u>

OR

Longacre Square Partners<br> Ashley Areopagita<br> <u>aareopagita@longacresquare.com</u>