NCDL director increases stake to 27,000 shares in Form 4 filing

Rhea-AI Filing Summary

Nuveen Churchill Direct Lending Corp. (NCDL) reported an insider share purchase by a director. On November 19, 2025, the reporting person acquired 2,000 shares of NCDL common stock in an open-market purchase at a price of $14.10 per share. This filing is on Form 4, which discloses changes in insider ownership.

After this transaction, the insider beneficially owns 27,000 shares of NCDL as of November 19, 2025. These shares are held indirectly in a joint trust with the insider’s spouse, reflecting prior transfers completed on March 24, 2025.

Insider Trade Summary

Net Buyer: 2,000 shares

Net Buy 1 txn

Insider Miranda Kenneth M.

Role Director

Bought 2,000 shs ($28K)

Type	Security	Shares	Price	Value
Purchase	Common Stock	2,000	$14.10	$28K

Holdings After Transaction: Common Stock — 27,000 shares (Indirect, held in Joint Trust)

Footnotes (1)

1. F1. As of November 19, 2025, the reporting insider beneficially owns 27,000 shares, which are held jointly with his spouse following a transfer completed on March 24, 2025. The total in column (5) reflects all shares beneifically owned by the reporting person as of November 19, 2025, which were previously reported as held directly and indirectly "By Trust".

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 11/21/2025 - 10:07 AM Learn about SEC filing dates

FAQ

What insider transaction did Nuveen Churchill Direct Lending Corp. (NCDL) report?

The filing reports that a director of NCDL purchased 2,000 shares of common stock on November 19, 2025, as disclosed on Form 4.

At what price were the NCDL shares purchased in the Form 4 filing?

The director purchased 2,000 shares of Nuveen Churchill Direct Lending Corp. common stock at a price of $14.10 per share.

How many Nuveen Churchill Direct Lending Corp. (NCDL) shares does the insider now beneficially own?

As of November 19, 2025, the reporting insider beneficially owns 27,000 shares of NCDL common stock.

How are the insider’s NCDL shares held according to the Form 4?

The 27,000 shares of NCDL common stock are held indirectly in a joint trust with the insider’s spouse.

What is the insider’s relationship to Nuveen Churchill Direct Lending Corp. (NCDL)?

The reporting person is a director of Nuveen Churchill Direct Lending Corp., as indicated in the Form 4.

What does the explanation of responses note about prior NCDL share holdings?

The explanation states that as of November 19, 2025, the 27,000 shares are held jointly with the spouse following a transfer completed on March 24, 2025, and that the total reflects all shares previously reported as held directly and indirectly "By Trust".

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^*

Miranda Kenneth M.

(Last) (First) (Middle)

375 PARK AVENUE, 9TH FLOOR

(Street)

NEW YORK NY 10152

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Nuveen Churchill Direct Lending Corp. [ NCDL ]

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)
11/19/2025

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	11/19/2025	11/19/2025	P		2,000	A	$14.1	27,000	I(1)	held in Joint Trust

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. As of November 19, 2025, the reporting insider beneficially owns 27,000 shares, which are held jointly with his spouse following a transfer completed on March 24, 2025. The total in column (5) reflects all shares beneifically owned by the reporting person as of November 19, 2025, which were previously reported as held directly and indirectly "By Trust".

Remarks:

mirandapoa.txt

	John McCally/signed under POA	11/21/2025
	** 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.