FS Specialty Lending director buys 956 FSSL shares

FS Specialty Lending Fund director and officer Michael C. Forman reported an open-market purchase of 956 shares of common stock at a price of $11.95 per share on March 5, 2026.

Rhea-AI Filing Summary

FS Specialty Lending Fund director and officer Michael C. Forman reported an open-market purchase of 956 shares of common stock at a price of $11.95 per share on March 5, 2026. The transaction was made indirectly through an IRA account, increasing his indirectly held position in the fund.

Insider Trade Summary

Net Buyer: 956 shares

Net Buy 4 txns

Insider Forman Michael C.

Role See Remarks

Bought 956 shs ($11K)

Type	Security	Shares	Price	Value
Purchase	Common Stock	956	$11.95	$11K
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 77,780 shares (Indirect, IRA); Common Stock — 73,234.891 shares (Direct); Common Stock — 1 shares (Indirect, FS Specialty Lending Fund, Advisor, LLC); Common Stock — 8,588 shares (Indirect, Trust)

Footnotes (2)

1. F1. The reporting person disclaims beneficial ownership of any shares held by FS Specialty Lending Advisor, LLC that exceed his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all the reported shares for purposes of Section 16 or for any other purpose.
2. F2. The reporting person is a member of The 2011 Forman Investment Trust. The reporting person disclaims beneficial ownership of any shares held by The 2011 Forman Investment Trust that exceed his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or any other purpose.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did FSSL director Michael C. Forman report?

Michael C. Forman reported buying 956 shares of FS Specialty Lending Fund common stock. The shares were acquired in an open-market transaction at $11.95 per share and are held indirectly through an IRA account associated with him.

At what price did Michael C. Forman buy FSSL shares on March 5, 2026?

He bought FSSL common stock at $11.95 per share. The Form 4 shows an open-market purchase of 956 shares at this price, executed indirectly through an IRA account in which he has a pecuniary interest.

How many FSSL shares did Michael C. Forman purchase in his latest Form 4 filing?

He purchased 956 shares of FS Specialty Lending Fund common stock. The transaction was reported as an open-market purchase and was categorized as indirect ownership because the shares are held in an IRA account for his benefit.

How is Michael C. Forman’s new FSSL share purchase held?

The newly acquired 956 FSSL shares are held indirectly through an IRA account. The Form 4 classifies the ownership as indirect and identifies the nature of ownership as “IRA,” reflecting his pecuniary interest through that retirement account.

What do the footnotes in Michael C. Forman’s FSSL Form 4 indicate?

The footnotes explain that he disclaims beneficial ownership of shares held by FS Specialty Lending Advisor, LLC and The 2011 Forman Investment Trust beyond his pecuniary interest, clarifying those positions are associated entities rather than solely his personal holdings.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 03/09/2026 - 04:48 PM EDT Learn about SEC filing dates

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^*

Forman Michael C.

(Last) (First) (Middle)

C/O FS SPECIALTY LENDING FUND

3025 JFK BOULEVARD, OFC 500

(Street)

PHILADELPHIA PA 19104

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
FS Specialty Lending Fund [ FSSL ]

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

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

3. Date of Earliest Transaction (Month/Day/Year)
03/05/2026

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								73,234.891	D
Common Stock								1	I	FS Specialty Lending Fund, Advisor, LLC(1)
Common Stock	03/05/2026		P		956	A	$11.95	77,780	I	IRA
Common Stock								8,588	I	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:

1. The reporting person disclaims beneficial ownership of any shares held by FS Specialty Lending Advisor, LLC that exceed his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all the reported shares for purposes of Section 16 or for any other purpose.

2. The reporting person is a member of The 2011 Forman Investment Trust. The reporting person disclaims beneficial ownership of any shares held by The 2011 Forman Investment Trust that exceed his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or any other purpose.

Remarks:

Trustee, Chairman, President and Chief Executive Officer

	/s/ Stephen S. Sypherd, 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.