KBDC insider Form 3 lists indirect holdings: 427.316 and 122.926

Rhea-AI Filing Summary

Kayne Anderson BDC, Inc. reported an insider ownership update: its Senior Vice President filed a Form 3 initial statement of beneficial ownership as of 11/10/2025.

The filing lists indirect holdings of 427.316 shares held in a spouse’s brokerage account and 122.926 shares held in a custodial Roth IRA for a minor. No derivative securities were reported.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Wedderburn-Maxwell Andrew Franklyn

Role Senior Vice President

Type	Security	Shares	Price	Value
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 427.316 shares (Indirect, See footnote 1)

Footnotes (1)

1. Shares are held in a brokerage account in the name of the spouse of the reporting person, in which the reporting person has a beneficial ownership interest. Shares are held in a custodial Roth IRA for a minor, in which the reporting person has a beneficial ownership interest.

Understanding Insider Trading Forms →

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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:			3235-0104
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1. Name and Address of Reporting Person^*

Wedderburn-Maxwell Andrew Franklyn

(Last) (First) (Middle)

C/O KAYNE ANDERSON BDC, INC.

717 TEXAS AVENUE, 22ND FLOOR

(Street)

HOUSTON TX 77002

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
11/10/2025

3. Issuer Name and Ticker or Trading Symbol
Kayne Anderson BDC, Inc. [ KBDC ]

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

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Senior Vice President

5. 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 Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	427.316	I	See footnote 1(1)
Common Stock	122.926	I	See footnote 2(2)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Shares are held in a brokerage account in the name of the spouse of the reporting person, in which the reporting person has a beneficial ownership interest.

2. Shares are held in a custodial Roth IRA for a minor, in which the reporting person has a beneficial ownership interest.

	/s/ Andrew Franklyn Wedderburn-Maxwell	11/12/2025
	** 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 5 (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 did Kayne Anderson BDC (KBDC) file?

A Form 3 initial statement of beneficial ownership under Section 16.

Who is the reporting person for KBDC?

The form is signed by Andrew Franklyn Wedderburn-Maxwell, a Senior Vice President.

What is the event date on the Form 3 for KBDC?

The date of event requiring the statement is 11/10/2025.

How many KBDC shares are indirectly owned and how?

Indirect holdings include 427.316 shares via a spouse’s brokerage account and 122.926 shares via a custodial Roth IRA for a minor.

Were any derivative securities reported on the KBDC Form 3?

No. Table II shows no derivative securities reported.

Is this a joint filing for KBDC?

No. It is filed by one reporting person.