PM Alpha DAC 4

What Happened

• PM Alpha DAC, identified as a 10% owner of AB Private Lending Fund (AB-Lend), made a purchase on 2026-01-02 of 56,700.71 shares at $25.20 per share, for a total reported value of $1,428,875. This was a purchase (code P), which is a direct acquisition rather than a sale.

Key Details

• Transaction date and price: 2026-01-02, 56,700.71 shares at $25.20 each.
• Total value: $1,428,875.
• Transaction type: P = Purchase (open market or private purchase).
• Shares owned after transaction: not disclosed in the provided filing details.
• Filing date vs. transaction date: Form 4 was filed 2026-04-27 for a 2026-01-02 transaction — this appears to be a late filing (may be indicated as untimely in SEC records).
• No 10b5-1 plan, tax withholding, or other footnotes were provided in the summary data.

Context

• PM Alpha DAC is a 10% owner (an institutional/large shareholder), not an executive; institutional purchases can reflect portfolio moves rather than management sentiment. The purchase increases the insider ownership stake, which some investors view as a more informative signal than routine sales. The late filing means the market and regulators received the disclosure well after the trade date, which can limit its timeliness for investors.