Great Elm Capital (GECC) 10% Owner Transfers 111,958 Shares

What Happened Great Elm Group, Inc. (a 10% owner of Great Elm Capital Corp., ticker GECC) reported a disposition of 111,958 GECC shares on 2026-09-21. The transaction is reported as an "other acquisition or disposition (J)" with a reported price of $0.00 and total cash proceeds of $0 — these shares were delivered as compensation to employees upon vesting rather than sold in the open market.

Key Details

• Transaction date: 2026-09-21; Form 4 filed: 2026-09-23 (appears timely).
• Transaction type/code: Other acquisition/disposition (J); reported disposal of 111,958 shares at $0.00.
• Reported dollar value: $0 (no cash proceeds; transfer as compensation).
• Shares owned after transaction: not specified in the provided filing details.
• Footnotes: F1 — the reported shares were granted by Great Elm Group to certain employees for no consideration and delivered at vesting (including any accumulated stock dividends). F2 — prior to vesting/delivery, Great Elm Group retained beneficial ownership and included these shares in its direct holdings.

Context This was a corporate/compensation-related transfer from a 10% shareholder to employees, not an open-market sale or purchase by the reporting owner. Such transfers reflect employee compensation and vesting mechanics and do not, by themselves, indicate insider buying or selling sentiment.