Wang David C W 4

What Happened David C.W. Wang, Chief Operating Officer of TCW Specialty Lending LLC, acquired 50,000 limited liability company units on April 1, 2026 at an imputed price of $20.00 per unit, for a total value of $1,000,000. The transaction is reported as code (J) — an "other acquisition" — and was effected through the settlement of an exchange offer.

Key Details

• Transaction date: 2026-04-01; Filing date (Form 4): 2026-04-03 (timely).
• Transaction: Acquisition of 50,000 units at $20.00 each; total value $1,000,000.
• Transaction code: J (other acquisition/disposition). Footnote explains these units were received in connection with an exchange offer.
• Footnote: Mr. Wang received 50,000 TCW Specialty Lending LLC units upon settlement of the exchange offer by TCW Direct Lending VIII LLC and tendered/exchanged 10,000 units of TCW Direct Lending VIII LLC as part of that offer.
• Shares/units owned after the transaction: not specified in the provided filing excerpt.

Context This was not an open-market cash purchase but an acquisition via an exchange offer (non-cash transaction). Such exchange transactions can increase an insider's holdings but do not necessarily indicate a cash purchase or sale; the filing is factual and does not provide motive.