[Form 3] Barings BDC, Inc. Initial Statement of Beneficial Ownership

Rhea-AI Filing Summary

Barings BDC, Inc. (BBDC) reported an insider filing: a Vice President submitted a Form 3, the initial statement of beneficial ownership. The filing indicates no securities are beneficially owned. The event date tied to this statement is 11/06/2025, and it was filed by one reporting person.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Verwholt Daniel

(Last) (First) (Middle)

300 TRYON STREET

(Street)

CHARLOTTE NC 28202

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
11/06/2025

3. Issuer Name and Ticker or Trading Symbol
Barings BDC, Inc. [ BBDC ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Vice President

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

No securities are beneficially owned.

	/s/ Jessica Restivo Attorney- in - Fact	11/12/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Barings BDC (BBDC) disclose in this Form 3?

A Vice President filed a Form 3 initial statement of beneficial ownership showing no securities are beneficially owned.

What is the event date on the BBDC Form 3?

The event date is 11/06/2025.

Who filed the Form 3 for BBDC?

It was filed by one reporting person who serves as a Vice President.

Does the reporting person own any BBDC securities?

According to the filing’s Explanation of Responses, No securities are beneficially owned.

What is the issuer and ticker in this filing?

The issuer is Barings BDC, Inc. with ticker BBDC.

Is this a joint filing?

No. The form indicates it was filed by one reporting person.