4Filed Jul 26, 8:00 PM ET
5C Lending Partners Michael Koester (10% Owner) Receives Award
$NONE · 5C Lending Partners Corp.Research Summary
AI-generated summary of this SEC filing
5C Lending Partners Michael Koester (10% Owner) Receives Award
What Happened
- Michael E. Koester, a reported 10% owner of 5C Lending Partners Corp., acquired two grants/awards on July 24, 2026 totaling 22,758 shares of Common Stock. The grants were for 6,281 shares at $24.29 each (≈ $152,565) and 16,477 shares at $24.29 each (≈ $400,226), for a combined value of about $552,791. This was an acquisition (award/grant), not a sale.
Key Details
- Transaction date: 2026-07-24; Filing date: 2026-07-27 (timely filing).
- Prices and amounts: 6,281 shares @ $24.29 (≈ $152,565); 16,477 shares @ $24.29 (≈ $400,226); total 22,758 shares ≈ $552,791.
- Shares owned after transaction (per filing/footnote aggregation): 134,229 shares beneficially owned (111,471 prior reported + 22,758 acquired).
- Footnote F1: The securities were acquired in connection with a company capital call; remaining uncalled portion of Koester’s commitment may be drawn over time in exchange for additional shares at then-current NAV.
- Footnote F2: Reported holdings include shares held by the Koester Family Trust and certain limited partnerships over which Koester has investment or shared control. The filing disclaims beneficial ownership of 3,783,275 shares held directly by the 5C Feeder for third parties.
- Insider status: Koester is a 10% owner — this can reflect partnership/fund-level commitments rather than typical executive trading.
Context
- These acquisitions were tied to a capital call (per F1), meaning the company requested funding from its investors and issued shares in return — a routine mechanism for investment vehicles rather than an open-market buy. For 10% owners and partnership structures, such transactions often reflect fund operations and commitments rather than a direct personal bet on the stock.