Welcome to our dedicated page for Great Elm Capital SEC filings (Ticker: GECC), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Great Elm Capital Corp. filings document the regulatory record of a business development company that invests in debt and income-generating equity securities. Form 8-K reports disclose operating results, selected financial information, portfolio credit updates, distributions and material events affecting the company’s investment portfolio and capital structure.
The filing record also covers governance and securities matters, including definitive proxy statements for annual stockholder meetings, board and executive changes, common stock disclosures, exchange-listed notes, indenture-based note redemptions and securities offering activity. These filings describe GECC’s BDC status, externally managed structure, risk disclosures, shareholder voting matters and capital-structure changes.
Great Elm Strategic Partnership I, LLC reported insider sales of Great Elm Capital Corp. (GECC) common stock on August 21 and August 22, 2025. The filing shows a sale of 26,705 shares on 08/21/2025 and a sale of 17,956 shares on 08/22/2025, each at a price of $11.20 per share. Following the 08/21 sale the reporting person beneficially owned 1,712,921 shares, and after the 08/22 sale beneficial ownership was 1,694,965 shares. The reporting person is identified as a director of the issuer. The Form 4 was signed by Adam M. Kleinman, attorney-in-fact on 08/22/2025.
Great Elm Strategic Partnership I, LLC, identified as a Director and 10% owner of Great Elm Capital Corp. (GECC), reported two open-market sales of common stock at $11.20 per share. On 08/18/2025 it sold 363 shares, leaving 1,747,419 shares beneficially owned. On 08/20/2025 it sold 7,793 shares, leaving 1,739,626 shares beneficially owned. The Form 4 is signed by an attorney-in-fact.
Great Elm Capital Corp. amended its senior secured loan agreement with City National Bank to increase its senior secured revolving facility commitment to up to $50 million (subject to the loan agreement's borrowing base). The amendment permits the company to request an additional aggregate increase of up to $40 million (up to a $90 million revolver) at the lender's discretion.
The amendment resets the revolver maturity to the earlier of May 5, 2027 or May 31, 2026 if the company’s 5.875% notes due 2026 are not refinanced before that date. Interest will accrue either at SOFR plus 2.50% (or a base rate plus 1.50%) when a minimum deposit test is met, or at SOFR plus 3.50% (or a base rate plus 2.50%) when it is not met. The amendment also amends the financial covenant to require minimum net assets of not less than $80 million.
Form 4 highlights for Great Elm Capital Corp. (GECC)
On 11 July 2025, 10% owner Great Elm Strategic Partnership I, LLC filed a Form 4 reporting an open-market sale of GECC common stock.
- Shares sold: 38,793
- Sale price: $10.95 per share (as reported)
- Post-transaction ownership: 1,747,782 GECC shares held directly
No derivative security transactions were reported, and there were no additional acquisitions or dispositions disclosed in the filing.
The transaction represents a reduction of approximately 2.2% of the reporting person’s prior direct holdings, leaving the entity well above the 10% ownership threshold.
Great Elm Strategic Partnership I, LLC, a 10% owner of Great Elm Capital Corp. (GECC), filed a Form 4 reporting two open-market sales of the issuer’s common stock.
- 09 Jul 2025: 3,129 shares sold at $10.95.
- 10 Jul 2025: 8,661 shares sold at $10.95.
After these sales, the reporting person’s direct holding decreased from 1,798,365 shares to 1,786,575 shares.
The submission was signed by attorney-in-fact Adam M. Kleinman on 10 Jul 2025. No derivative transactions were reported, and no Rule 10b5-1 plan was indicated.
Great Elm Capital Corp. (GECC) – Form 4 insider transaction summary
Great Elm Strategic Partnership I, LLC, which is both a 10% owner and board-level related entity, reported a series of open-market sales of GECC common stock between 11 June 2025 and 3 July 2025:
- 06/11/25: 2,642 shares sold at a weighted-average price of $11.20
- 06/12/25: 7,288 shares sold at a weighted-average price of $10.97
- 06/13/25: 2,714 shares sold at a weighted-average price of $11.00
- 07/02/25: 13,324 shares sold at $10.95
- 07/03/25: 11,021 shares sold at $10.95
The total disposition amounted to 36,989 shares, or roughly 2.0 % of the filer’s prior 1.85 million-share position. Following the transactions, the reporting person still holds 1,813,435 shares, maintaining its status as a significant shareholder. All transactions were coded “S” (open-market sale) and no derivative securities were involved.
While insider sales can sometimes signal caution, the magnitude here is modest relative to the remaining stake, and no accompanying narrative suggests a change in strategic outlook. Prices clustered tightly around the $11 level, indicating sales were executed near recent trading ranges rather than an opportunistic premium.