Nuveen Churchill (NCDL) CFO Vichness Shaul Buys 5,000 Shares

What Happened

• Vichness Shaul, Chief Financial Officer of Nuveen Churchill Direct Lending Corp. (NCDL), made an open-market purchase of 5,000 shares on Sept. 14, 2026 at $12.25 per share for a total of $61,250. The Form 4 also reports DRIP (dividend reinvestment plan) acquisitions: 431.156 shares on July 27, 2026 (listed at $0.00, recorded as an Other acquisition) and earlier DRIP shares referenced from April 27, 2026.
• The Sept. 14 open-market buy is a straightforward purchase (code P). The DRIP entries reflect dividend reinvestment (footnote confirms shares were acquired under the Company’s DRIP), not a typical cash purchase.

Key Details

• Transactions and prices:
  • 2026-09-14: Open-market purchase — 5,000 shares @ $12.25 ($61,250 total).
  • 2026-07-27: DRIP acquisition — 431.156 shares @ $0.00 (recorded as Other, code J).
  • 2026-04-27 (referenced in footnotes): DRIP shares of 385.777 (direct) and 705.259 (indirect) were acquired earlier.
• Shares held (as reported in footnotes):
  • Direct holdings include DRIP shares of 385.777 (Apr. 27) and 431.156 (July 27).
  • Indirect (trust) holdings include DRIP shares of 705.259 (Apr. 27) and 941.537 (July 27).
• Notable footnotes:
  • F1/F2/F3: Confirms DRIP (Dividend Reinvestment Plan) for the zero-priced issuances and lists the specific DRIP share amounts.
  • Remarks file: "vichnesspoa.txt" is attached (likely administrative; may relate to power of attorney).
• Timeliness:
  • The Sept. 14 open-market purchase was reported on Sept. 15, 2026 (timely).
  • The July 27 DRIP acquisition was included in this Sept. 15 filing and appears to have been reported late (Form 4s are generally due within 2 business days of the transaction).

Context

• DRIP transactions are automatic reinvestments of dividends and are common for insiders who participate in the company’s plan; they are not the same as an active open-market buy.
• The Sept. 14 open-market purchase (5,000 shares, $61,250) is the clearest active insider buy in this filing and may be of more interest to investors tracking insider purchasing activity.
• This summary is factual and does not infer intent behind the transactions.