BOLDUC JOHN 4

What Happened

• Director John Bolduc (reported as BOLDUC JOHN) made four open-market/private purchases (transaction code P), acquiring a total of 14,280 shares of WhiteHorse Finance, Inc. (WHF).
• Trades: two purchases of 3,570 shares on June 1, 2026 at a weighted average price of $6.88 each (total ~$49,124), and two purchases of 3,570 shares on June 2, 2026 at a weighted average price of $6.81 each (total ~$48,624). Aggregate consideration for all purchases is about $97,748.
• These were purchases (a buy activity), which some investors view as a more informative/bullish signal than routine insider sales; no sales, option exercises, or awards are reported here.

Key Details

• Transaction dates: June 1, 2026 and June 2, 2026; Form 4 filed on June 3, 2026 (appears timely).
• Reported prices: weighted averages of $6.88 (June 1 group) and $6.81 (June 2 group). Footnotes state the underlying trades were executed at prices ranging roughly from $6.79 up to $6.93 across the purchases.
• Shares owned after transaction: not specified in the data provided on this Form 4 filing.
• Notable footnotes: F1–F2 state Mr. Bolduc is connected to Bolduc Family LP and Bolduc Investments X, LLC and disclaims beneficial ownership of shares held by those entities except to the extent of his pecuniary interest. F3–F6 explain the reported prices are weighted averages and disclose the per-transaction price ranges; Mr. Bolduc offers to provide full breakdowns on request.
• Transaction code: P = Purchase (open market or private purchase). No 10b5-1 plan, tax withholding, gifts, or option exercises were reported.

Context

• Insider purchases by directors can be interpreted by retail investors as a sign of confidence, but filings do not state intent or guarantee future performance.
• Because the shares are reported as held by affiliated entities (family LP / LLC) and Mr. Bolduc disclaims beneficial ownership except for pecuniary interest, the economic exposure may be through those entities rather than direct personal holdings.
• Filing appears timely (within SEC reporting window); no late filing noted in this report.