Finnerty Sheila A 4

What Happened

• Sheila A. Finnerty, a director of TCW Specialty Lending LLC, was reported to have acquired 10,000 limited liability company units on April 1, 2026. The units are reported at $20.00 each for a total value of $200,000. This was an acquisition via an exchange offer rather than an open-market cash purchase.

Key Details

• Transaction date and price: April 1, 2026 — 10,000 units at $20.00 each (total $200,000).
• Ownership after transaction: Not disclosed in the provided filing excerpt.
• Footnote: The filing states the 10,000 units were received upon settlement of an exchange offer by TCW Direct Lending VIII LLC; in that exchange the reporting person tendered and exchanged 2,000 units of TCW Direct Lending VIII LLC.
• Timeliness: Transaction reported on Form 4 filed April 3, 2026 for an April 1 transaction (filed within the typical 2-business-day window).

Context

• This was an in-kind acquisition through a corporate exchange offer (conversion of units), not a cash market purchase or a stock sale. Such transactions reflect a corporate restructuring or offer mechanics rather than an immediate trading decision; the filing is informational and does not by itself indicate the director’s market view.