Crestline Lending Solutions CDO Tom Bavin Buys 10,191 Units

What Happened
Tom Bavin, Chief Development Officer of Crestline Lending Solutions, purchased 10,190.823 units of the company on July 24, 2026 at $19.63 per unit, for a total purchase amount of $200,046. This was a purchase (code P), not a sale or option exercise.

Key Details

• Transaction date and price: 2026-07-24 at $19.63 per unit.
• Quantity and value: 10,190.823 units; total cash paid $200,046.
• Transaction type: Purchase via capital call under a subscription agreement (footnote F1). The units are limited liability interests of the company (LLC units).
• Shares/units owned after transaction: Not disclosed in the filing.
• Filing timeliness: Form 4 filed 2026-07-28 (timely based on the two-business-day filing requirement).
• Signing: Mr. Cochran signed on behalf of Mr. Bavin under a power of attorney dated October 29, 2025 (previously filed as Exhibit 24 to Mr. Bavin’s Form 3).

Context
The purchase was executed as a capital call under Mr. Bavin’s subscription agreement with the LLC, meaning he funded a drawdown to buy additional units up to his capital commitment (with at least ten business days’ prior notice required by the agreement). This is a direct insider purchase rather than a market sale or option exercise and therefore represents an acquisition of ownership interest rather than a liquidity event.