Waxman Alan 4

What Happened
Alan Waxman, Vice President of Sixth Street Specialty Lending, bought a total of 300,000 shares of TSLX in two open-market purchases: 100,000 shares on 2026-03-05 (weighted avg price $18.46) for about $1.846M, and 200,000 shares on 2026-03-06 (weighted avg price $18.42) for about $3.684M. Combined value of the purchases is approximately $5.53 million. These were purchases (code P), which are typically viewed as a bullish signal compared with sales, though no motive is stated.

Key Details

• Transaction dates and reported weighted-average prices:
  • 2026-03-05: 100,000 shares at $18.46 (avg; prices ranged $18.38–$18.525) — ~$1,846,000
  • 2026-03-06: 200,000 shares at $18.42 (avg; prices ranged $18.28–$18.635) — ~$3,684,000
• Total shares acquired: 300,000; total consideration: ≈ $5,530,000.
• Previously reported indirect pecuniary interest: 140,447.01 shares (held by Adviser entities; see footnote F3). The filing includes a disclaimer that Mr. Waxman disclaims beneficial ownership except to the extent of his pecuniary interest.
• Purchases were made in multiple trades (weighted-average prices reported); Mr. Waxman offered to provide per-trade pricing on request (footnotes F1 & F2).
• Filing signed on behalf of Mr. Waxman by Anton Brett under a Power of Attorney dated March 2, 2026 (Exhibit 24).
• Timeliness: Form 4 filed 2026-03-09 for trades on 2026-03-05 and 2026-03-06 — the filing appears timely.

Context
These were straightforward open-market purchases (no option exercises, awards, or gifts). Footnote F3 describes an indirect, institutional-style ownership chain through adviser entities and management companies; Mr. Waxman disclaims beneficial ownership beyond his pecuniary interest. For retail investors, purchases by officers can be noteworthy but should be considered alongside other company fundamentals and disclosures.