Goldman Sachs BDC, Inc. 8-K

What Happened Goldman Sachs BDC, Inc. (GSBD) filed an 8-K reporting changes to its board on February 25, 2026. The Board reduced its size from seven to six directors because a director retired effective December 31, 2025. To rebalance director classes per the company’s certificate of incorporation, the Board appointed Timothy J. Leach and Katherine P. Uniacke as Class III directors effective February 25, 2026.

Key Details

• Board size reduced from seven to six due to a retirement effective December 31, 2025; change effective February 25, 2026.
• Timothy J. Leach (formerly Class I) and Katherine P. Uniacke (formerly Class II) resigned their prior class seats on February 25, 2026 and were appointed Class III directors.
• Each new Class III director will serve until the 2026 annual meeting of stockholders and until a successor is elected or earlier departure.
• Mr. Leach remains Chairman of the Board and chairs the Governance & Nominating, Compliance, and Contract Review Committees; he also serves on the Audit and Compensation Committees.
• The filing states there are no family relationships or related-party transactions involving Mr. Leach or Ms. Uniacke requiring disclosure under Item 404(a) of Regulation S‑K.

Why It Matters This 8-K documents board composition and governance changes that affect oversight of the company. The reallocation preserves the required balance of director classes and confirms continued leadership continuity (Mr. Leach remains chairman and active on key committees). For investors, these changes are governance updates rather than operational or financial events; there are no disclosed related‑party issues tied to the appointments.