5C Lending Partners — Thomas Connolly Receives 22,757 Shares

What Happened
Thomas Connolly (reported as a 10% owner) acquired two awards/other acquisitions on July 24, 2026: 6,673 shares at $24.29 each (worth $162,087) and 16,084 shares at $24.29 each (worth $390,680), a total of 22,757 shares valued at approximately $552,767. The shares were issued in connection with a company capital call (i.e., Connolly provided capital to the company in exchange for shares at the then-current NAV), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-07-24; Filing date: 2026-07-27 (timely file).
• Price per share: $24.29. Total acquired: 22,757 shares; total value ≈ $552,767.
• Transaction code: A (grant/award/other acquisition — here, a capital-call subscription).
• Reported holdings referenced in the filing include: 7,894 shares held by Connolly 2020 Dynasty Trust, 1,032 shares in 5C Investment Partners LP (shared control), and 99,913 shares held indirectly through the 5C Lending Partners Structured Feeder LP. Based on those reported holdings plus this issuance, the reported beneficial holdings summed in the filing would be 131,596 shares (this total is derived from figures provided in the filing).
• Footnote F1: securities were issued in connection with a capital call; additional uncalled capital commitments may be drawn down later for more shares at NAV.
• Footnote F2: the filing disclaims beneficial ownership of 3,783,275 shares held directly by the 5C Feeder for third-party investors.

Context
This transaction is an issuance tied to a capital contribution (common for investment-structure companies) rather than a secondary-market buy or sale. As a 10% owner, Connolly’s activity reflects institutional ownership/commitment mechanics; it’s not the same as routine insider executive trading. The filing was timely and does not indicate any immediate sale of these newly issued shares.