Form 4: OCM Growth Holdings Sells 400,000 Shares of Runway Growth Finance Corp.

OCM Growth Holdings LLC, a major shareholder in Runway Growth Finance Corp., sold 400,000 shares of common stock at $11.90 per share on June 10, 2024.

Summary

• OCM Growth Holdings LLC sold 400,000 shares of Runway Growth Finance Corp. common stock on June 10, 2024.
• The sale price was $11.90 per share.
• Following the transaction, OCM Growth Holdings LLC still beneficially owns 10,779,668 shares.
• The filing involves multiple reporting entities including OCM Growth Holdings LLC, Brookfield Oaktree Holdings, LLC, Oaktree Capital Group Holdings GP, LLC, Brookfield Corporation, and BAM Partners Trust.
• Each reporting person disclaims beneficial ownership except to the extent of their pecuniary interest.

Sentiment

Score: 5

Explanation: Neutral sentiment as it reports a transaction without expressing any positive or negative outlook.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders and major shareholders. This sale represents a reduction in OCM Growth Holdings' stake in Runway Growth Finance Corp.

Stakeholder Impact

• The sale of shares by a major shareholder could potentially create short-term price volatility for shareholders.
• The transaction may influence investor sentiment regarding Runway Growth Finance Corp.'s prospects.

Key Dates