Aronson Stuart D 4

What Happened

• Stuart D. Aronson, Chief Executive Officer of WhiteHorse Finance, reported three purchases (Form 4) totaling 32,000 shares acquired in open-market/private transactions (code P). Transactions: 20,000 shares at $6.67 ($133,400) on 2026-05-21; 7,000 shares at $6.38 ($44,660) on 2026-05-22; and 5,000 shares at $6.40 ($32,000) on 2026-05-22. Total consideration across the three buys was $210,060. These were purchases (buying stock), which investors often view as a more informative signal than routine sales.

Key Details

• Transaction dates & prices:
  • 2026-05-21: 20,000 shares @ $6.67 — $133,400
  • 2026-05-22: 7,000 shares @ $6.38 — $44,660
  • 2026-05-22: 5,000 shares @ $6.40 — $32,000
• Total shares bought: 32,000; total value: $210,060.
• Shares owned after the transactions: Not specified in the provided filing excerpt.
• Footnotes/plan disclosure: No 10b5-1 plan, tax withholding, or other footnotes were provided in the details you supplied.
• Filing timeliness: Form filed 2026-05-26. Based on the SEC two-business-day rule, the 2026-05-21 purchase appears to have been filed one day late (deadline would generally have been 2026-05-25); the 2026-05-22 trades were filed within the typical deadline (by 2026-05-26).

Context

• Code P indicates an open-market or private purchase (standard purchase reporting). Insider purchases are often watched closely by retail investors because they can signal confidence, but they do not guarantee future stock performance. This filing reports direct purchases by the CEO rather than option exercises, gifts, or awards.