GSAM Holdings LLC 4

What Happened

• GSAM Holdings LLC (a wholly owned subsidiary of The Goldman Sachs Group, Inc. and an affiliate of the issuer's adviser) received an award of 77,319.588 shares of West Bay BDC LLC on March 13, 2026. The reported per-share value was $17.46, for a total reported value of $1,350,000. The transaction is coded "A" (award/grant).

Key Details

• Transaction date: 2026-03-13; Filing date (Form 4): 2026-03-16.
• Price per share reported: $17.46; Shares awarded: 77,319.588; Total value: $1,350,000.
• Shares owned after transaction: Not specified in the filing.
• Notable footnote: GSAM states it "does not concede that it is subject to Section 16" of the Securities Exchange Act with respect to the issuer.
• Timeliness: Form 4 filed on 2026-03-16 covering the 3/13/2026 transaction; filing appears timely.

Context

• This was an award/grant (not an open-market purchase or sale). Awards often reflect compensation or institutional allocations and do not, by themselves, indicate the trading views of company executives.
• GSAM is an institutional affiliate (not an individual executive). The filing and the remark about Section 16 relate to reporting obligations rather than an admission of insider status.