BOLDUC JOHN 4
4 · WhiteHorse Finance, Inc. · Filed Jun 5, 2026
Research Summary
AI-generated summary of this filing
WhiteHorse Finance (WHF) Director John Bolduc Buys 14,280 Shares
What Happened
John Bolduc, a director of WhiteHorse Finance, purchased a total of 14,280 shares via open-market transactions (code P) on June 4–5, 2026. The purchases were four equal lots of 3,570 shares each, reported at $6.87 and $6.88 on June 4, and $6.77 and $6.76 on June 5, for aggregate consideration of approximately $97,390. These were outright purchases (acquisitions), not sales or option exercises.
Key Details
- Transaction dates and reported prices:
- 2026-06-04: 3,570 shares @ $6.87 = $24,526
- 2026-06-04: 3,570 shares @ $6.88 = $24,562
- 2026-06-05: 3,570 shares @ $6.77 = $24,169
- 2026-06-05: 3,570 shares @ $6.76 = $24,133
- Total shares purchased: 14,280; total reported cost: about $97,390.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnotes of note:
- F1 & F2: Mr. Bolduc reports ownership through entities (Bolduc Family LP and Bolduc Investments X, LLC) and disclaims direct beneficial ownership except to his pecuniary interest.
- F3–F6: Reported prices are weighted averages; purchases occurred across price ranges ($6.74–$6.93 depending on lot). Mr. Bolduc offered to provide a breakdown of exact quantities at each price on request.
- Filing/reporting: Form 4 filed with the SEC on 2026-06-05 reporting transactions on 2026-06-04 and 06-05.
Context
These were basic open-market purchases (code P), which are direct insider buys. While insider purchases are often watched by investors as a potential positive signal, they do not guarantee future performance. Note that the shares are held through investment entities (per footnotes), which affects how beneficial ownership is reported.
Insider Transaction Report
- Purchase
Common Stock, par value $0.001 per share
[F3][F1]2026-06-05$6.77/sh+3,570$24,169→ 309,607 total(indirect: See Footnote) - Purchase
Common Stock, par value $0.001 per share
[F4][F2]2026-06-05$6.76/sh+3,570$24,133→ 306,200 total(indirect: See Footnote) - Purchase
Common Stock, par value $0.001 per share
[F5][F1]2026-06-04$6.87/sh+3,570$24,526→ 306,037 total(indirect: See Footnote) - Purchase
Common Stock, par value $0.001 per share
[F6][F2]2026-06-04$6.88/sh+3,570$24,562→ 302,630 total(indirect: See Footnote)
Footnotes (6)
- [F1]Mr. Bolduc is the sole shareholder of the general partner of Bolduc Family LP, which owns the reported securities. Mr. Bolduc disclaims beneficial ownership of shares of common stock held by Bolduc Family LP, except to the extent of his pecuniary interest therein.
- [F2]Mr. Bolduc is a member of Bolduc Investments X, LLC, which owns the reported securities. Mr. Bolduc disclaims beneficial ownership of shares of common stock held by Bolduc Investments X, LLC, except to the extent of his pecuniary interest therein.
- [F3]The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $6.75 to $6.81, inclusive. Mr. Bolduc undertakes to provide to WhiteHorse Finance, Inc., any security holder of WhiteHorse Finance, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in footnote (3) to this Form 4.
- [F4]The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $6.74 to $6.80, inclusive. Mr. Bolduc undertakes to provide to WhiteHorse Finance, Inc., any security holder of WhiteHorse Finance, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in footnote (4) to this Form 4.
- [F5]The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $6.81 to $6.91, inclusive. Mr. Bolduc undertakes to provide to WhiteHorse Finance, Inc., any security holder of WhiteHorse Finance, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in footnote (5) to this Form 4.
- [F6]The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $6.82 to $6.93, inclusive. Mr. Bolduc undertakes to provide to WhiteHorse Finance, Inc., any security holder of WhiteHorse Finance, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in footnote (6) to this Form 4.