4/A: Nuveen Churchill Direct Lending Corp. Director Kenneth M. Miranda Amends Ownership Disclosure
Ownership Disclosure Amendment
Director Kenneth M. Miranda amended a previous filing to reflect a transfer of shares into a joint trust with his spouse, creating indirect ownership.
Summary
- Kenneth M. Miranda, a director of Nuveen Churchill Direct Lending Corp., filed an amendment to a previous Form 4.
- The amendment reflects a transaction on January 5, 2024, where 3,481 shares of common stock were acquired at a price of $18.05 per share.
- Following this transaction, Miranda directly owned 21,897 shares.
- As of March 24, 2025, Miranda transferred all shares into a trust held jointly with his spouse, resulting in indirect ownership of the shares.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a change in beneficial ownership. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which is a standard practice for publicly traded companies. It provides transparency to investors regarding the ownership changes of company insiders.
Stakeholder Impact
- The transfer of shares into a trust may have implications for estate planning purposes for the reporting person.
- The change from direct to indirect ownership could affect voting rights or control over the shares, although the impact is likely minimal given it's a transfer to a joint trust with a spouse.
Key Dates
| Date | Description |
|---|---|
| 01/05/2024 | Date of common stock acquisition. |
| 01/08/2024 | Date of original filing (amended). |
| 03/24/2025 | Date of share transfer into a trust. |
| 03/26/2025 | Date of signature on the report. |
Keywords
Form 4, Nuveen Churchill Direct Lending Corp., Director, Beneficial Ownership, Amendment, Shares, Trust, Indirect Ownership, NCDL, Kenneth M. Miranda
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