Stellus Capital (SCM) Director J. Tim Arnoult Buys Stock

What Happened
J. Tim Arnoult, a director of Stellus Capital Investment Corp (SCM), reported an open-market purchase of 1,000 shares on September 16, 2026. The weighted-average purchase price was $7.97 per share, for a total transaction value of approximately $7,970. This was a purchase (not a sale), which investors often view as a more informative signal than routine selling, though it does not by itself indicate the insider’s motivation.

Key Details

• Transaction type: Purchase (code P) — open-market acquisition of common stock.
• Transaction date: 2026-09-16; Form 4 filed: 2026-09-17 (filed the next day; appears timely).
• Price: Weighted-average $7.97 per share; total value ~$7,970.
• Price range (footnote): $7.955 to $7.9777 per share; the filer can provide the number of shares bought at each price on request (Footnote F1).
• Shares owned after transaction: Not disclosed in the provided filing.
• No 10b5-1 plan, option exercise, gift, or tax-withholding notation was reported.

Context
This was a straightforward open-market purchase by a company director — not an option exercise or award. The dollar amount is relatively small, so while it confirms insider buying, its market impact is limited. For more detail on the price breakdown or the insider’s post-transaction holdings, request the additional information referenced in Footnote F1.