Landsberg Jonathan 4

What Happened Jonathan Landsberg, Treasurer and Chief Financial Officer of 26North BDC, Inc., was issued 994.61 shares of the company's common stock on 2026-03-23 as an award/acquisition. The shares were valued at $25.14 each, for a total reported value of $25,004. This was an issuance/award (transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-03-23; Form 4 filed: 2026-03-25 (timely filing).
• Shares acquired: 994.61 at $25.14 per share; total value reported: $25,004.
• Transaction type: A — Grant, award, or other acquisition (not a sale).
• Shares owned after transaction: Not specified in the provided summary.
• Footnotes:
  • F1: The uncalled portion of the reporting person’s capital commitment may be drawn down over time in exchange for additional shares at the then-current net asset value.
  • F2: The reported holdings include shares received under the company’s dividend reinvestment plan as of the filing date.
• No indication this was part of a 10b5-1 plan, tax withholding, or a cashless exercise.

Context This was a company-issued award/acquisition tied to the reporting person's capital commitment and the dividend reinvestment plan, rather than an open-market purchase that might signal direct buying pressure. Awards and drawdowns for private-capital commitments are typically administrative or compensation-related and should be interpreted differently than elective insider stock purchases or sales.