Form 4: Golub Capital BDC Chairman Lawrence Golub Increases Stake in Company

Lawrence Golub, Chairman of Golub Capital BDC, recently purchased 40,000 shares of the company's common stock in two separate transactions.

Summary

• Lawrence E. Golub, Chairman of Golub Capital BDC, Inc., has increased his stake in the company.
• On September 3, 2024, Mr. Golub purchased 20,000 shares of common stock at a weighted average price of $14.91 per share.
• The shares were bought in multiple transactions with prices ranging from $14.84 to $14.96.
• On September 4, 2024, he purchased another 20,000 shares at a weighted average price of $14.94 per share.
• These shares were purchased in multiple transactions with prices ranging from $14.87 to $15.04.
• Following these transactions, Mr. Golub indirectly beneficially owns 1,978,880 shares through GGP Class B-P LLC.
• He also indirectly owns 3,477,233 shares through GCOP LLC, 1,676,387 shares through GEMS Fund 4, L.P., 704,695 shares through Whitehall Capital Investors VI, LLC, and 14,977 shares through Golub Onshore GP, LLC.
• Mr. Golub disclaims beneficial ownership of shares held by GEMS Fund 4, L.P., except to the extent of his pecuniary interest.

Sentiment

Score: 7

Explanation: Insider buying is generally viewed positively, suggesting confidence in the company's prospects. However, the scale of the purchase is relatively small compared to the overall holdings.

Positives

• The Chairman's purchase of shares may signal confidence in the company's future prospects.

Industry Context

Insider buying is often seen as a positive sign, suggesting that a company's leadership believes the stock is undervalued.

Stakeholder Impact

• The increased stake by the Chairman could positively influence shareholder sentiment.

Key Dates