Crescent Capital (CCAP) 10% Owner Fidelity & Guaranty Sells Shares

What Happened
Fidelity & Guaranty Life Insurance Company, disclosed as a 10% owner of Crescent Capital BDC, Inc. (CCAP), sold a total of 59,286 common shares in open-market transactions. The filing reports 32,091 shares sold on 2026-08-26 for $340,206 and 27,195 shares sold on 2026-08-27 for $288,384, for aggregate proceeds of approximately $628,590. The reported prices reflect volume-weighted averages for multiple trades.

Key Details

• Transaction dates: 2026-08-26 and 2026-08-27.
• Reported prices/VWAP: reported at $10.60 per share; footnotes state sale prices ranged roughly $10.60–$10.67 across multiple transactions and the filing uses VWAP. The reporting person will provide per-price quantities on request.
• Shares sold: 32,091 (Aug 26) and 27,195 (Aug 27) — total 59,286 shares.
• Proceeds: $340,206 (Aug 26) and $288,384 (Aug 27); total ≈ $628,590.
• Shares held after the transaction: not specified in the provided Form 4.
• Ownership note: Footnote clarifies these shares are held by Fidelity & Guaranty Life Insurance Company of New York, a wholly owned subsidiary of the reporting entity.
• Filing: Form 4 was filed 2026-08-28 covering the 2026-08-26–27 transactions; no late filing is indicated in the filing information.

Context
This filing reports sales by a 10% institutional owner rather than insider executives. Such institutional sales can be routine portfolio management and do not necessarily indicate management sentiment about the company. The VWAP reporting and footnotes mean multiple trades occurred at slightly different prices; the filer offers to disclose per-trade quantities if requested.