CCAP 10% Owner Fidelity & Guaranty Sells 73,457 Shares

What Happened

• Fidelity & Guaranty Life Insurance Company (a reported 10% owner) sold a total of 73,457 shares of Crescent Capital BDC, Inc. (CCAP) in open-market transactions. The filings report 33,457 shares sold on 2026-08-24 at a VWAP of $10.72 ($358,555) and 40,000 shares sold on 2026-08-25 at a VWAP of $10.74 ($429,592), for total proceeds of about $788,147. These were straight sales (not purchases or option exercises).

Key Details

• Transaction dates: 2026-08-24 and 2026-08-25.
• Reported prices/VWAPs: 8/24 sales VWAP $10.72 (individual trade prices ranged $10.72–$10.77 per footnote); 8/25 sales VWAP $10.74 (individual trade prices ranged $10.74–$10.80 per footnote).
• Total shares sold: 73,457; total proceeds: approx. $788,147.
• Shares held after transaction: not specified in the provided summary of the filing.
• Footnotes: F1 and F3 note the sales occurred in multiple transactions at the price ranges above and that the reported price is a volume-weighted average; F2 indicates some shares are held by Fidelity & Guaranty Life Insurance Company of New York, a wholly owned subsidiary of the reporting entity.
• Filing timeliness: Form filed 2026-08-26 for trades on 8/24 and 8/25 — appears to be filed within the standard reporting window (timely).

Context

• This is institutional selling by a 10% owner (an insurance company and its subsidiary), not an executive or director trade; such institutional sales can be for portfolio rebalancing or liquidity and do not necessarily signal management view.
• No option exercises, awards, or gifts were reported; no 10b5-1 or tax-withholding notes were provided in the supplied details.