Carlyle Secured Lending (CGBD) treasurer buys additional shares

Rhea-AI Filing Summary

Carlyle Secured Lending, Inc. treasurer Taylor Francis bought common stock in the company in an open-market transaction. On March 20, 2026, Francis purchased 232 shares at $11.22 per share, bringing direct holdings to 441 common shares after the transaction.

Insights

Equity analyst

Treasurer made a small open-market share purchase.

The treasurer of Carlyle Secured Lending, Inc., Taylor Francis, completed an open-market purchase of 232 common shares at $11.22 per share. This increased direct ownership to 441 shares as of the reported transaction date.

This is a relatively small insider buy in absolute terms, but it is a deliberate purchase with personal capital in the open market. There are no derivative positions listed in the data provided, so this filing reflects only direct common share ownership.

SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Taylor Francis

(Last) (First) (Middle)

1 VANDERBILT AVE

SUITE 3400

(Street)

NEW YORK NEW YORK 10017

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Carlyle Secured Lending, Inc. [ CGBD ]

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/20/2026

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

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

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

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/20/2026		P		232	A	$11.22	441	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

Remarks:

	/s/ Joshua Lefkowitz, attorney-in-fact	03/23/2026
	** 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 4 (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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Carlyle Secured Lending (CGBD) report for Taylor Francis?

Carlyle Secured Lending reported that treasurer Taylor Francis bought 232 common shares in an open-market transaction. The shares were purchased at $11.22 per share, increasing Francis’s direct ownership stake in the company’s common stock.

How many Carlyle Secured Lending (CGBD) shares does Taylor Francis own after the latest trade?

After the reported transaction, treasurer Taylor Francis directly holds 441 common shares of Carlyle Secured Lending. This total reflects the addition of 232 shares purchased in the open market at $11.22 per share on March 20, 2026.

Was the Carlyle Secured Lending (CGBD) insider trade a purchase or sale?

The insider trade was a purchase. Treasurer Taylor Francis executed an open-market buy of 232 common shares at a price of $11.22 per share, increasing direct ownership rather than reducing it.

What price did Taylor Francis pay for Carlyle Secured Lending (CGBD) shares?

Treasurer Taylor Francis paid $11.22 per share for Carlyle Secured Lending common stock. The transaction covered 232 shares in the open market and resulted in a direct holding of 441 common shares after the trade.

Does the Carlyle Secured Lending (CGBD) Form 4 show any derivative transactions?

The data shows no derivative transactions for this filing. The reported activity is limited to a single open-market purchase of 232 common shares at $11.22 per share by treasurer Taylor Francis, with total direct holdings of 441 shares afterward.