Bicknell Martin C 4

What Happened
Martin C. Bicknell, a reported 10% owner of Palmer Square Capital BDC Inc. (PSBD), made three open‑market purchases of common stock between May 29 and June 8, 2026. He acquired 15,000 shares on 2026-05-29 at a reported weighted-average $10.87 ($163,050), 30,000 shares on 2026-06-05 at a reported weighted-average $10.79 ($323,700), and 1,988 shares on 2026-06-08 at a reported weighted-average $10.80 ($21,470) — a total of 46,988 shares for approximately $508,220. These transactions are purchases (reporting code "P").

Key Details

• Transaction dates & reported prices:
  • 2026-05-29: 15,000 shares @ $10.87 (weighted avg; underlying trades ranged $10.79–$10.91).
  • 2026-06-05: 30,000 shares @ $10.79 (weighted avg; underlying trades ranged $10.765–$10.84).
  • 2026-06-08: 1,988 shares @ $10.80 (weighted avg; underlying trades ranged $10.765–$10.80).
• Total acquired: 46,988 shares for ~$508,220.
• Beneficial ownership: filing notes Bicknell may be deemed to beneficially own additional shares indirectly through MCHC, LLC, 1248 Holdings, LLC and entities controlling BFFV, LLC; the filing includes lines to reflect total beneficial ownership — see the SEC filing for the post‑transaction total.
• Footnotes: price entries on each purchase are weighted averages with specified per‑trade ranges; the reporting person offers to supply breakdowns on request.
• Filing/timeliness: Form 4 was filed 2026-06-30 covering transactions from 2026-05-29 to 2026-06-08; this filing appears to be late relative to the usual two-business‑day Form 4 deadline.

Context

• These were straight open‑market purchases by a 10% owner (large shareholder), not an option exercise or award. Purchases by large shareholders can be informative to investors, but they reflect the activity of an investor with indirect holdings through affiliated entities rather than routine executive compensation transactions.
• No 10b5‑1 trading plan, gift, sale, or derivative transactions are indicated in the reported items.