GSAM Holdings LLC 4

What Happened GSAM Holdings LLC (a wholly owned subsidiary of The Goldman Sachs Group, Inc. and an affiliate of West Bay BDC's adviser) received 61,837.608 shares of West Bay BDC as an award/grant on 2026-06-25. The shares were reported at $17.47 per share, for a total reported value of $1,080,000. The Form 4 lists this transaction as an acquisition by award (transaction code A).

Key Details

• Transaction date: 2026-06-25; reported on Form 4 filed 2026-06-29 (filed four days after the transaction — later than the typical 2-business-day Form 4 window).
• Price per share: $17.47; total reported value: $1,080,000.
• Shares acquired: 61,837.608 (often rounded to 61,838 for reporting/summary purposes).
• Shares owned after transaction: not specified in the information provided in this summary.
• Filing footnote: GSAM Holdings LLC states it "does not concede that it is subject to Section 16" of the Securities Exchange Act with respect to the issuer.
• Transaction code: A = Award/Grant.

Context This is an institutional/affiliate award from an adviser-related entity, not an individual executive or director trade. Awards and grants can reflect compensation arrangements or other institutional allocations and do not necessarily indicate the trading intent of individual company insiders. The filer’s statement about Section 16 suggests GSAM Holdings LLC considers itself not subject to the same insider-reporting rules as individuals, which is a legal position noted in the filing.