CCAP 10% Owner Fidelity & Guaranty Sells 55,000 Shares

What Happened
Fidelity & Guaranty Life Insurance Company (reported as a 10% owner) sold a total of 55,000 shares of Crescent Capital BDC, Inc. (CCAP) in two open-market transactions: 15,000 shares on 2026-08-28 (VWAP reported $10.60; proceeds ~$159,030) and 40,000 shares on 2026-08-31 (VWAP reported $10.62; proceeds ~$424,820). Combined proceeds were approximately $583,850. These were outright sales (not purchases, option exercises, or gifts) by an institutional holder.

Key Details

• Transaction dates and reported VWAPs:
  • 2026-08-28: 15,000 shares; VWAP $10.60; proceeds ≈ $159,030. (Footnote: actual trades priced $10.53–$10.655; VWAP shown.)
  • 2026-08-31: 40,000 shares; VWAP $10.62; proceeds ≈ $424,820. (Footnote: actual trades priced $10.51–$10.70; VWAP shown.)
• Total shares sold: 55,000; total reported proceeds ≈ $583,850.
• Shares held after the transactions: not disclosed in the provided filing details.
• Footnote on ownership: sales represent shares held by Fidelity & Guaranty Life Insurance Company of New York, a wholly owned subsidiary of the reporting entity.
• Filing date: 2026-09-01. No late-filing flag or timeliness code was provided in the summary data supplied here.

Context

• This filing reflects institutional selling by a 10% owner, not insider (executive) trades; such institutional sales are often part of portfolio management and don’t necessarily signal company-specific concerns.
• The VWAP prices reflect multiple trades at slightly different prices; the reporting party has offered to provide per-trade price/quantity details to the SEC, issuer, or security holders on request.