Director boosts Nuveen Churchill Direct Lending (NCDL) stake with 3,000-share buy
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Nuveen Churchill Direct Lending Corp. director buys additional shares
Kenneth M. Miranda, a director of Nuveen Churchill Direct Lending Corp., reported an open-market purchase of 3,000 shares of common stock at a price of $12.83 per share. Following this transaction, he indirectly owns 30,000 shares held in a joint trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 3,000 shares ($38,490)
Net Buy
1 txn
Insider
Miranda Kenneth M.
Role
Director
Bought
3,000 shs ($38K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 3,000 | $12.83 | $38K |
Holdings After Transaction:
Common Stock — 30,000 shares (Indirect, held in Joint Trust)
Footnotes (1)
FAQ
What insider transaction did Nuveen Churchill Direct Lending Corp. (NCDL) report?
Nuveen Churchill Direct Lending Corp. reported a director’s open-market purchase of 3,000 common shares. The shares were bought at $12.83 per share and are held indirectly in a joint trust, indicating increased exposure by the reporting insider to NCDL stock.
Is the NCDL insider ownership direct or indirect in this Form 4 filing?
The reported ownership is indirect, with the 30,000 shares held in a joint trust. The Form 4 identifies the transaction as indirect (“I”) ownership, meaning the director’s interest is through this joint trust rather than directly in his individual name.
What type of transaction is reported for NCDL on this Form 4?
The filing reports an open-market purchase of common stock, coded “P” for purchase. This indicates the director bought 3,000 NCDL shares in the market, rather than receiving them via grant, award, option exercise, or other non-market mechanisms.