FS Specialty Lending Fund (FSSL) director discloses spouse share purchase and 401(k) holdings

Rhea-AI Filing Summary

FS Specialty Lending Fund director reports indirect share holdings and spouse purchase

A director of FS Specialty Lending Fund (FSSL) filed a Form 4 reporting indirect ownership of the company’s common stock. The filing shows 5,140.886 shares of common stock held indirectly through a 401(k) plan and notes these shares were previously reported as directly owned. In addition, on 11/25/2025, the director’s spouse purchased 7,460 shares of FSSL common stock at a price of $13.35 per share, which are reported as indirectly owned by the director through the spouse. This update mainly clarifies how the director’s holdings are categorized and records the spouse’s recent open-market purchase.

Insider Trade Summary

Net Buyer: 7,460 shares ($99,591)

Net Buy 2 txns

Insider Chandler Gregory P

Role Director

Bought 7,460 shs ($100K)

Type	Security	Shares	Price	Value
Purchase	Common Stock	7,460	$13.35	$100K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 7,460 shares (Indirect, By Spouse)

Footnotes (1)

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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^*

Chandler Gregory P

(Last) (First) (Middle)

C/O FS SPECIALTY LENDING FUND

201 ROUSE BOULEVARD

(Street)

PHILADELPHIA PA 19112

(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
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
11/25/2025

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								5,140.886(1)	I	By 401(k)
Common Stock	11/25/2025		P		7,460	A	$13.35	7,460	I	By Spouse

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. Shares were previously reported as directly owned.

	/s/ Stephen S. Sypherd, Attorney-in-Fact	12/01/2025
	** 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 FS Specialty Lending Fund (FSSL) report on this Form 4?

The Form 4 reports that a director’s spouse purchased 7,460 shares of FSSL common stock on 11/25/2025 at a price of $13.35 per share, which are reported as indirectly owned by the director.

How many FS Specialty Lending Fund (FSSL) shares does the director now report as indirectly owned?

The director reports 5,140.886 shares of FSSL common stock held indirectly through a 401(k) plan, plus an additional 7,460 shares held indirectly through the director’s spouse.

What clarification about ownership does this FSSL Form 4 provide?

The filing explains that 5,140.886 shares of FSSL common stock were previously reported as directly owned but are now shown as indirectly owned via a 401(k).

What is the relationship of the reporting person to FS Specialty Lending Fund (FSSL)?

The reporting person is identified as a Director of FS Specialty Lending Fund (FSSL) and files the Form 4 as an individual reporting person.

Does the FSSL Form 4 involve any derivative securities like options or warrants?

The Form 4 includes a section for derivative securities but does not list any derivative transactions or holdings for the reporting person in the provided content.