Carlyle Secured Lending (CGBD) director’s trusts sell 4,401 company shares

Rhea-AI Filing Summary

Carlyle Secured Lending, Inc. director John G. Nestor reported indirect open-market sales of 4,401 shares of common stock through family trusts. One trust sold 3,500 shares at $11.2933 per share, and another sold 901 shares at $11.28 per share.

After these transactions, the trusts held 9,824 shares and 5,515.5 shares of common stock, respectively.

Insider Trade Summary

Net Seller: 4,401 shares ($49,690)

Net Sell 2 txns

Insider Nestor John G.

Role Director

Sold 4,401 shs ($50K)

Type	Security	Shares	Price	Value
Sale	Common Stock	3,500	$11.2933	$40K
Sale	Common Stock	901	$11.28	$10K

Holdings After Transaction: Common Stock — 9,824 shares (Indirect, By trust (#3))

Footnotes (1)

Form 4 Insider Transactions: What Each Field Means →

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^*

Nestor John G.

(Last) (First) (Middle)

C/O CARLYLE GLOBAL CREDIT INVESTMENT

MANAGEMENT, ONE VANDERBILT AVE. STE 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
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
03/06/2026

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	03/06/2026		S		3,500	D	$11.2933	9,824	I	By trust (#3)
Common Stock	03/06/2026		S		901	D	$11.28	5,515.5	I	By trust (#2)

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	03/09/2026
	** 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.

FAQ

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

Carlyle Secured Lending reported that trusts associated with director John G. Nestor sold 4,401 common shares. The sales were open-market transactions and are disclosed on a Form 4 insider trading report for regulatory transparency and shareholder awareness.

How many Carlyle Secured Lending (CGBD) shares were sold in this Form 4?

The Form 4 shows total sales of 4,401 Carlyle Secured Lending common shares. One trust sold 3,500 shares, and another sold 901 shares, all in open-market transactions at prices slightly above eleven dollars per share.

At what prices were Carlyle Secured Lending (CGBD) shares sold?

The reported sales occurred at prices of $11.2933 and $11.28 per Carlyle Secured Lending share. These prices reflect executed open-market transactions by trusts associated with director John G. Nestor on the reported transaction date.

Who is the insider involved in the Carlyle Secured Lending (CGBD) Form 4?

The insider is director John G. Nestor, who reported indirect ownership through trusts. The trusts conducted the open-market sales of Carlyle Secured Lending common stock, and Nestor is listed as the reporting person on the Form 4 filing.

How many Carlyle Secured Lending (CGBD) shares remain after the reported sales?

After the sales, one trust associated with John G. Nestor holds 9,824 Carlyle Secured Lending shares, and another holds 5,515.5 shares. These post-transaction balances are disclosed in the Form 4 to show updated indirect ownership levels.