TANNENBAUM LEONARD M 4
4 · TCG Strategic Income Fund · Filed Feb 10, 2026
Research Summary
AI-generated summary of this filing
TCGSX 10% Owner Leonard Tannenbaum Buys Stock
What Happened
Leonard M. Tannenbaum, reported as a 10% owner of TCG Strategic Income Fund (TCGSX), made an open-market/private purchase of 184,804.928 shares on February 9, 2026 at $9.74 per share, for a total reported value of $1,800,000. This filing reports a purchase (which some investors view as a bullish signal).
Key Details
- Transaction date and price: 2026-02-09, 184,804.928 shares at $9.74 each.
- Total value: $1,800,000 (reported).
- Shares owned after transaction: Not specified in this Form 4.
- Filing date: 2026-02-10 (filed one day after the transaction; appears timely).
- Footnotes:
- F1: The shares are held by a wholly‑owned subsidiary of the Tannenbaum Family 2012 Trust for benefit of certain family members; Jeffrey Boccuzzi is a co‑trustee. Mr. Tannenbaum disclaims beneficial ownership except to the extent of his pecuniary interest.
- F2: Mr. Tannenbaum is an officer and direct holder of a controlling LLC interest in TCG Strategic Income Advisor LLC (the fund’s adviser), which beneficially owns 10,000 shares; he disclaims beneficial ownership of those shares except to the extent of any pecuniary interest.
Context
As a reported 10% owner (not necessarily an executive trading on company operations), this purchase reflects increased exposure by a principal-level stakeholder. The filing is straightforward (purchase = code P); no options, awards, gifts, or tax-withholding actions are reported.
Insider Transaction Report
- Purchase
Class I Common Shares of Beneficial Interest
[F1]2026-02-09$9.74/sh+184,804.928$1,800,000→ 495,865.858 total(indirect: See footnote)
- 300
Class I Common Shares of Beneficial Interest
- 7,820(indirect: By LLC)
Class I Common Shares of Beneficial Interest
[F2]
Footnotes (2)
- [F1]These shares are held by a wholly-owned subsidiary of the Tannenbaum Family 2012 Trust for benefit of certain members of the Reporting Person's family, for which Jeffrey Boccuzzi is a Co-Trustee. The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest.
- [F2]Officer and direct holder of a controlling limited liability company interest of TCG Strategic Income Advisor LLC, the investment adviser to the Issuer, which beneficially owns 10,000 shares of the Issuer. The reporting person disclaims beneficial ownership of these except of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all the reported shares for purposes of Section 16 or for any other purpose.