Onex Partners Canadian GP Inc. 4

What Happened

• Onex Partners V GP Ltd, reported as a 10% owner, disposed of 1,280,956.447 shares of Onex Direct Lending BDC Fund on February 6, 2026. The filing reports this as an “other acquisition or disposition” (transaction code J) and lists the per-share price and total transaction value as N/A. A footnote states that following a reorganization, the Onex-managed investment funds no longer beneficially own any securities of the issuer.

Key Details

• Transaction date: 2026-02-06 (reported on Form 4 filed 2026-02-10).
• Transaction type/code: Disposition reported as “Other acquisition or disposition” (Code J).
• Shares disposed: 1,280,956.447 shares.
• Price / total value: Not reported (N/A) in the filing.
• Shares owned after transaction: The filing’s footnote indicates the Onex Funds no longer beneficially own any securities (effectively 0 shares).
• Filing timeliness: Reported on Feb 10, 2026 — consistent with the two-business-day Form 4 deadline for a Feb 6 transaction (timely).

Context

• This filing concerns an institutional 10% owner (Onex Partners V GP Ltd / Onex Funds), not an individual executive. The footnote explains the disposition reflects a reorganization after which the Onex Funds no longer beneficially own shares; because price and value are not reported, investors cannot infer proceeds or market timing from this Form 4.