GLADSTONE CAPITAL CORP 8-K

What Happened Gladstone Capital Corporation filed an 8-K reporting that David Gladstone stepped down as CEO effective March 20, 2026 and will remain Chairman. The Board appointed Robert Marcotte (age 67) as CEO effective March 20, 2026 (he will continue as President during a transition). The filing also reports the appointment of John Sateri (age 58) as Chief Investment Officer effective March 20, 2026, and the Board approved promotion of Michael McQuigg (age 47) to President effective October 1, 2026. A press release announcing these changes was furnished as Exhibit 99.1 on March 23, 2026.

Key Details

• David Gladstone stepped down as CEO, effective March 20, 2026, but remains Chairman of the Board.
• Robert Marcotte, President since December 2013, was appointed CEO effective March 20, 2026.
• John Sateri was appointed CIO effective March 20, 2026 and will serve as CIO for several Gladstone entities; Michael McQuigg will become President following a transition, effective October 1, 2026.
• The company has no direct employees; officers are employed by the Adviser or Administrator; the 8-K includes standard forward‑looking statement caution.

Why It Matters This is a top-management transition at Gladstone Capital, but leadership comes from internal promotions, suggesting continuity in investment and operating teams. Investors should note that the Chairman remains in place and that management functions are provided by affiliated advisers, which may limit immediate operational disruption. Watch for any future disclosures about changes in strategy, portfolio management, or adviser arrangements; the company’s 8-K also reiterates customary forward‑looking statement cautions.