Arnoult J Tim 4

What Happened Tim Arnoult, a director of Stellus Capital Investment Corp (SCM), made three open-market purchases (code P) totaling 10,700 shares for about $96,523. Transactions: 1,000 shares at $9.27 on 2026-05-13 ($9,270); 9,000 shares at $9.05 on 2026-05-19 ($81,450); and 700 shares at $8.29 on 2026-06-23 ($5,803). These were outright purchases (typically viewed as a more bullish signal than sales).

Key Details

• Transaction dates and prices:
  • 2026-05-13: 1,000 shares @ $9.27 = $9,270
  • 2026-05-19: 9,000 shares @ $9.05 = $81,450
  • 2026-06-23: 700 shares @ $8.29 = $5,803
• Total purchased: 10,700 shares for $96,523.
• Shares owned after transaction: Not disclosed in the provided filing.
• Footnote: F1 — transaction reported late due to an inadvertent administrative delay.
• Timeliness: Filing dated 2026-06-25; covers trades beginning 2026-05-13. Marked late (L) — reduces immediacy of the disclosure for market observers.
• Transaction code: P = Purchase (open market/private purchase).

Context These were straightforward open-market purchases by a company director; the filing shows no option exercises, sales, gifts, or tax-withholding events. The filing does not indicate 10% owner status. Purchases by insiders can be informative to investors, but the late reporting note means the market learned of the trades after they occurred.