FS Specialty Lending (FSSL) director adds 1,000 shares in open-market buy

Rhea-AI Filing Summary

FS Specialty Lending Fund director Pedro A. Ramos reported an open-market purchase of 1,000 shares of Common Stock at $12.40 per share. Following this transaction, he directly owns 1,000 shares, highlighting an initial personal equity stake in the fund.

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

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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^*

Ramos Pedro A

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

3. Date of Earliest Transaction (Month/Day/Year)
03/12/2026

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	03/12/2026		P		1,000	A	$12.4	1,000	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:

	/s/ Stephen S. Sypherd, Attorney-in-Fact	03/13/2026
	** 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 FSSL director Pedro A. Ramos report?

Director Pedro A. Ramos reported buying 1,000 shares of FS Specialty Lending Fund Common Stock in the open market. The purchase price was $12.40 per share, and the transaction is disclosed on a Form 4 insider trading report.

How many FSSL shares does Pedro A. Ramos own after this Form 4?

After the reported transaction, Pedro A. Ramos directly owns 1,000 shares of FS Specialty Lending Fund Common Stock. This total matches the 1,000 shares purchased, indicating these represent his entire directly reported holdings in the company.

Was the FSSL insider transaction a purchase or a sale?

The Form 4 shows a purchase transaction for FS Specialty Lending Fund stock. Ramos made an open-market purchase of 1,000 Common Stock shares at $12.40 each, classified as transaction code “P” for a buy in the reporting system.

At what price did Pedro A. Ramos buy FSSL stock?

Ramos bought FS Specialty Lending Fund Common Stock at $12.40 per share. The Form 4 identifies this as an open-market purchase, providing both the per-share price and the 1,000-share amount acquired in the single reported transaction.

What does transaction code “P” mean on the FSSL Form 4 filing?

Transaction code “P” on the Form 4 indicates a purchase in the open market or a private transaction. In this case, it reflects Ramos’s acquisition of 1,000 FS Specialty Lending Fund Common Stock shares at $12.40 per share.