Stellus Private Credit BDC — Former Trustee D'Angelo Dean Buys 2,124 Shares

What Happened D'Angelo Dean, listed as a Former Trustee of Stellus Private Credit BDC, purchased 2,124 shares on 2026-09-15 at $15.25 per share, for a total transaction value of $32,391. The trade is reported as a purchase (transaction code P) and was either an open-market or private purchase per the filing.

Key Details

• Transaction date: 2026-09-15; filing date: 2026-09-16 (Form 4 filed next day)
• Price and amount: 2,124 shares at $15.25 each; total = $32,391
• Transaction type: Purchase (code P) — open market or private purchase
• Shares owned after transaction: not disclosed in the provided filing details
• Footnotes/plans: no 10b5-1 plan, tax withholding, or other footnotes noted in the provided data
• Timeliness: filed the next day (appears timely under Form 4 rules)

Context Purchases by insiders can be interpreted by investors as a potentially positive signal because they increase the insider's exposure to the company, but they do not by themselves indicate motive. Note that the filing lists Dean as a "Former Trustee," which is a factual designation in the filing; retail investors should consider current role/status when weighing the significance of the trade.