Worrell August Daniel 4
4 · BlackRock TCP Capital Corp. · Filed Mar 10, 2026
Research Summary
AI-generated summary of this filing
BlackRock TCP Capital (TCPC) Co-CIO Worrell August Daniel Buys 80,000 Shares
What Happened
- Worrell August Daniel, Co‑Chief Investment Officer of BlackRock TCP Capital Corp. (TCPC), made two open‑market purchases: 40,000 shares on 2026-03-06 at a weighted average price of $3.89 (≈ $155,600) and 40,000 shares on 2026-03-10 at a weighted average price of $3.75 (≈ $150,000). Combined, he acquired 80,000 shares for roughly $305,600. These were purchases (insider buys), which some investors view as a bullish indicator but do not by themselves explain motivation.
Key Details
- Transaction dates and prices:
- 2026-03-06 — Purchase (P): 40,000 shares at weighted avg $3.89 (range reported $3.865–$3.92). (Footnote F1)
- 2026-03-10 — Purchase (P): 40,000 shares at weighted avg $3.75 (range reported $3.7389–$3.7595). (Footnote F3)
- Total cash spent: ≈ $305,600.
- Shares owned after transaction: Not specified in the excerpt provided; footnote F2 notes the reported beneficial ownership figure (where given) includes shares from the issuer’s dividend reinvestment plan.
- Filing timeliness: The Form 4 was filed on 2026-03-10 reporting a 2026-03-06 and a 2026-03-10 purchase; based on typical two-business‑day filing rules this appears timely.
- No 10b5‑1 plan, tax withholding, gifts, or option exercises are indicated in the provided details.
Context
- These were straightforward open‑market purchases (code P). The filing shows weighted average prices because the shares were bought in multiple trades at slightly different prices; the reporting person offered to provide a breakdown of quantities by price on request (F1, F3).
- Purchases by officers can signal confidence but do not guarantee future performance; this summary is factual and does not infer motive.
Insider Transaction Report
Form 4
Worrell August Daniel
Co-Chief Investment Officer
Transactions
- Purchase
Common Stock
[F1][F2]2026-03-06$3.89/sh+40,000$155,600→ 73,500 total - Purchase
Common Stock
[F3][F2]2026-03-10$3.75/sh+40,000$150,000→ 113,500 total
Footnotes (3)
- [F1]The price reported in Column 4 is a weighted average price. These shares of common stock (the "Shares") were purchased in multiple transactions at prices ranging from $3.865 to $3.92 inclusive. The reporting person undertakes to provide to BlackRock TCP Capital Corp. (the "Issuer"), any security holder of the Issuer, 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 above.
- [F2]Amount of securities beneficially owned includes Shares acquired by the Reporting Person pursuant to the Issuer's dividend reinvestment plan.
- [F3]The price reported in Column 4 is a weighted average price. These Shares were purchased in multiple transactions at prices ranging from $3.7389 to $3.7595 inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, 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 above.
Signature
/s/ Diana Huffman, as attorney-in-fact|2026-03-10