Tarica Andrew 4
Research Summary
AI-generated summary
TCW Direct Lending VIII LLC Director Tarica Andrew Sells 2,500 Units
What Happened
- Director Tarica Andrew reported a disposition of 2,500 limited liability company units of TCW Direct Lending VIII LLC on 2026-04-01, reported at $100.00 per unit for a total reported value of $250,000. The transaction is coded as an “other acquisition or disposition (J)” and represents units tendered in an exchange offer rather than an open-market sale.
Key Details
- Transaction date and price: 2026-04-01, 2,500 units at $100.00 per unit (total $250,000).
- Transaction type/code: Other acquisition or disposition (Code J) — tender/exchange.
- Exchange detail (footnote): The 2,500 TCW Direct Lending VIII LLC units were tendered and accepted in the issuer’s exchange offer; upon settlement the reporting person received 12,500 units of TCW Specialty Lending LLC in exchange and the tendered TCW Direct Lending VIII units were canceled.
- Shares owned after transaction: Not specified in the filing.
- Filing date/timeliness: Form filed 2026-04-03 for a 2026-04-01 transaction (filed within the standard two-business-day window).
Context
- This was an exchange offer transaction (corporate reorganization/liquidation mechanism), not a straightforward open-market sale for cash. Such exchanges are administrative/corporate-structure actions; they don't necessarily signal the insider’s view of the market.