[Form 4] Carlyle Secured Lending, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Carlyle Secured Lending, Inc. (CGBD) reported an insider share purchase by its CFO, who is also a director. On 11/13/2025, the reporting person bought 8,400 shares of common stock at a price of $12.04 per share, coded as an open market or private purchase ("P"). Following this transaction, the reporting person beneficially owns 96,894.587 shares of Carlyle Secured Lending common stock in direct 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
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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^*

Hennigan Thomas M

(Last) (First) (Middle)

ONE VANDERBILT AVENUE

SUITE 3400

(Street)

NEW YORK NY 10017

(City) (State) (Zip)

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

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

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

3. Date of Earliest Transaction (Month/Day/Year)
11/13/2025

4. 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 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	11/13/2025		P		8,400	A	$12.04	96,894.587	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/ Thomas Hennigan	11/17/2025
	** 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 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.

FAQ

What insider transaction did Carlyle Secured Lending (CGBD) report on this Form 4?

The filing shows that a reporting person who is both a director and CFO of Carlyle Secured Lending, Inc. purchased 8,400 shares of common stock on 11/13/2025.

At what price were the CGBD shares purchased in the reported transaction?

The common stock was purchased at a price of $12.04 per share in the 11/13/2025 transaction.

How many Carlyle Secured Lending (CGBD) shares does the insider own after the transaction?

After the reported purchase, the reporting person beneficially owns 96,894.587 shares of Carlyle Secured Lending, Inc. common stock with direct ownership.

What transaction code is used for the CGBD insider trade on this Form 4?

The transaction is coded as "P", which indicates an open market or private purchase of Carlyle Secured Lending common stock.

What roles does the reporting person hold at Carlyle Secured Lending (CGBD)?

The reporting person is identified as both a director and an officer, with the title of CFO at Carlyle Secured Lending, Inc.

Is the reported CGBD insider transaction held directly or indirectly?

The Form 4 indicates that the 96,894.587 shares beneficially owned following the transaction are held in direct (D) ownership.