Stellus Private Credit CEO Robert T. Ladd Buys 1,469 Shares

What Happened Robert T. Ladd, CEO, President and Trustee of Stellus Private Credit BDC, reported a purchase of 1,469 shares on 2026-06-16 at $15.12 per share, a total value of approximately $22,211. The transaction is coded as a purchase (P) and was reported on a Form 4 filed 2026-06-18.

Key Details

• Transaction date and price: 2026-06-16 — 1,469 shares at $15.12 each.
• Total value: ~ $22,211.
• Transaction type: Purchase (code P); listed as open market or private purchase.
• Shares owned after transaction: Not reported in this Form 4.
• Footnote: The shares include amounts acquired pursuant to the company’s automatic dividend reinvestment plan (DRIP), exempt under Rule 16a-11.
• Filing timeliness: Form 4 filed 2026-06-18 for a 2026-06-16 transaction — appears timely (within the standard two-business-day rule).

Context The filing indicates the purchase was at least partly through the company’s automatic DRIP, which reinvests dividends into additional shares and is exempt from short-swing profit liability under Rule 16a-11. The purchase is modest in dollar size (~$22k); purchases can be informative but do not by themselves reveal the insider’s broader view or intent.