Flemma Saverio M 4

What Happened

• Saverio M. Flemma, a director of TCW Direct Lending VIII LLC, disposed of 2,000 limited liability company units on April 1, 2026. The Form 4 reports the units at $100.00 each for a total reported value of $200,000. The transaction is coded as "J" (other acquisition or disposition) because it was part of an exchange offer rather than a simple open-market sale.

Key Details

• Transaction date: 2026-04-01; reported on Form 4 filed 2026-04-03 (timely, within typical 2-business-day reporting window).
• Price reported: $100.00 per unit; total $200,000.
• Transaction code: J (other acquisition/disposition — exchange offer).
• Footnote: The 2,000 TCW Direct Lending VIII units were tendered and accepted in the issuer's exchange offer; upon settlement the reporting person received 10,000 units of TCW Specialty Lending LLC and the tendered TCW Direct Lending VIII units were canceled.
• Shares owned after transaction: not specified in the provided filing excerpt.

Context

• This was an exchange of units in an issuer-organized exchange offer (reported as a disposition of the original units), not a typical cash sale. Receiving units of TCW Specialty Lending LLC means the reporting person gained a different security rather than simply liquidating to cash; Form 4 reports the disposition but also discloses the exchange consideration in the footnote. This filing is factual disclosure of the transaction and does not, by itself, indicate the director's market view.