BOLDUC JOHN 4

What Happened
John Bolduc, a director of WhiteHorse Finance, made a series of open-market/private purchases (code P = Purchase) of the company's common stock on May 27–29, 2026. He acquired six lots of 3,570 shares each (total 21,420 shares) at reported prices ranging roughly from $6.72–$6.97 per share, for an aggregate reported cost of about $146,192. These are outright purchases (a buy signal rather than a sale).

Key Details

• Transaction dates: May 27, 28 and 29, 2026; filing date (Form 4): May 29, 2026 (filed timely).
• Reported per-lot prices: two lots at $6.76, two at $6.81, one at $6.90 and one at $6.91; footnotes state reported prices are weighted averages covering multiple execution prices within small ranges (overall ranges cited in the filing span roughly $6.72–$6.97).
• Total shares bought: 21,420; total reported value: approximately $146,192.
• Ownership after transaction: not specified in the provided excerpt of the filing.
• Notable footnotes: purchases were reported as held by entities controlled by Mr. Bolduc (Bolduc Family LP and Bolduc Investments X, LLC); Mr. Bolduc disclaims beneficial ownership of the shares held by those entities except to the extent of his pecuniary interest. Several footnotes note weighted-average pricing and offer to provide detailed breakdowns on request.

Context
These were direct purchases by or through entities affiliated with a company director, not option exercises or awards. Purchases by insiders can be interpreted by investors as a stronger signal than routine sales, but they reflect only the insider/entity purchases reported and do not by themselves explain motive. The filing appears timely (no late-filing flag).