Crescent Capital (CCAP) 10% owner offloads 73K shares
Rhea-AI Filing Summary
Crescent Capital BDC, Inc. (CCAP) had a Form 4 filed by Fidelity & Guaranty Life Insurance Co, a ten percent owner, reporting net open-market sales of 73,457 shares of common stock. The sales on 2026-08-24 and 2026-08-25, executed under a Rule 10b5-1 trading plan, were made at volume-weighted average prices around $10.72–$10.80 per share. A portion of the reported shares is held by Fidelity & Guaranty Life Insurance Company of New York, a wholly owned subsidiary of the reporting person.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 73,457 shares
Net Sell
2 txns
Insider
FIDELITY & GUARANTY LIFE INSURANCE CO
Role
10% Owner
Sold
73,457 shs ($788K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F3, F2 | 40,000 | $10.7398 | $430K |
| Sale | Common Stock F1, F2 | 33,457 | $10.7169 | $359K |
Holdings After Transaction:
Common Stock — 4,131,850 shares (Direct)
Footnotes (3)
- F1. The shares were sold in multiple transactions at prices ranging from $10.72 to $10.77 per share. The price reported reflects the volume weighted average price for the transactions. The reporting person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
- F2. Represents shares of common stock held by Fidelity & Guaranty Life Insurance Company of New York, a wholly owned subsidiary of the Reporting Person.
- F3. The shares were sold in multiple transactions at prices ranging from $10.74 to $10.80 per share. The price reported reflects the volume weighted average price for the transactions. The reporting person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
Key Figures
Shares sold 2026-08-24: 33,457 shares of Common Stock
VWAP price 2026-08-24: $10.7169 per share
Shares sold 2026-08-25: 40,000 shares of Common Stock
+2 more
5 metrics
Shares sold 2026-08-24
33,457 shares of Common Stock
Open-market sale by ten percent owner
VWAP price 2026-08-24
$10.7169 per share
Volume weighted average sale price, trades from $10.72 to $10.77
Shares sold 2026-08-25
40,000 shares of Common Stock
Open-market sale by ten percent owner
VWAP price 2026-08-25
$10.7398 per share
Volume weighted average sale price, trades from $10.74 to $10.80
Total shares sold
73,457 shares of Common Stock
Net shares sold across both reported transactions
Key Terms
Rule 10b5-1 trading plan, volume weighted average price, ten percent owner
3 terms
Rule 10b5-1 trading plan regulatory
"The transactions were executed under a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
volume weighted average price financial
"The price reported reflects the volume weighted average price"
The volume weighted average price (VWAP) is a way to measure the average price of a security, such as a stock, over a specific period, taking into account how many units were traded at each price. It’s similar to calculating the average cost of items bought when some are more frequently purchased than others. Investors use VWAP to assess whether a security is being bought or sold at a fair price during trading.
ten percent owner regulatory
"the reporting person is identified as a ten percent owner"
FAQ
What insider transactions did CCAP report in this Form 4?
The Form 4 reports that Fidelity & Guaranty Life Insurance Co sold a total of 73,457 CCAP common shares in two open-market transactions on 2026-08-24 and 2026-08-25.
Was the CCAP insider sale made under a Rule 10b5-1 trading plan?
Yes. The filing indicates that the reported transactions were made under a Rule 10b5-1 trading plan, meaning the sales followed a pre-arranged trading schedule.
Who is the reporting person in this CCAP Form 4 and what is their status?
The reporting person is Fidelity & Guaranty Life Insurance Co, identified as a ten percent owner of Crescent Capital BDC, Inc.
AI-generated analysis. How Rhea-AI works. Not financial advice.