Stockholders' Equity (Tables)

6 Months Ended

Mar. 31, 2026

Schedule of Subscription and Contribution and Shares Issued by Date

As of March 31, 2026 and September 30, 2025, the Company had the following subscriptions, pursuant to the Subscription Agreements, and contributions from its stockholders:


	As of March 31, 2026				As of September 30, 2025
	Subscriptions		Contributions		Subscriptions		Contributions
GBDC 4 Stockholders	$	1,523,641	$	1,183,947	$	1,523,641	$	1,036,370

The following table summarizes the shares of GBDC 4 common stock issued for the six months ended March 31, 2026 and 2025:


	Date	Shares Issued	NAV per share		Proceeds
















Shares issued for the six months ended March 31, 2025
Issuance of shares	12/23/2024	6,725,731.752	$	15.00	$	100,886
Issuance of shares	01/13/2025	502,802.331	15.00		7,542
Issuance of shares	03/25/2025	4,565,389.866	15.00		68,480



Shares issued for capital drawdowns		11,793,923.949			$	176,908
Issuance of shares	11/19/2024	204,508.932	$	15.00	$	3,068
Issuance of shares	12/18/2024	72,984.041	15.00		1,095
Issuance of shares	01/08/2025	85,661.548	15.00		1,285
Issuance of shares	02/18/2025	112,987.679	15.00		1,695
Issuance of shares	03/18/2025	86,219.253	15.00		1,293



Shares issued through DRIP		562,361.453			$	8,436

Shares issued for the six months ended March 31, 2026
Issuance of shares	12/15/2025	6,337,944.133	$	15.00	$	95,069
Issuance of shares	03/26/2026	3,500,503.191	15.00		52,508




Shares issued for capital drawdowns		9,838,447.324			$	147,577
Issuance of shares	11/20/2025	259,908.674	$	15.00	$	3,899
Issuance of shares	12/17/2025	124,438.025	15.00		1,866
Issuance of shares	01/21/2026	132,771.619	15.00		1,992
Issuance of shares	02/18/2026	137,242.100	15.00		2,059
Issuance of shares	03/18/2026	134,205.234	15.00		2,013




Shares issued through DRIP		788,565.652			$	11,829

Golub Capital BDC 4, Inc. 10-Q