Nuveen Churchill (NCDL) CEO adds 10,000 indirectly held shares

Rhea-AI Filing Summary

Nuveen Churchill Direct Lending Corp. director and CEO Kenneth J. Kencel reported an indirect open-market purchase of 10,000 shares of common stock at $13.0384 per share through his spouse, increasing that holding to 38,117 shares. The filing also reports additional indirect common stock holdings through a trust and a joint account.

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^*

Kencel Kenneth J.

(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
X	Officer (give title below)		Other (specify below)
	CEO & President

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

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	03/03/2026	03/03/2026	P		10,000	A	$13.0384	38,117	I	By Spouse
Common Stock								58,117	I	By Trust
Common Stock								26,824	I	Joint Account

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:

Remarks:

kencel.txt

	John McCally/signed under POA	03/05/2026
	** 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 Nuveen Churchill (NCDL) report for Kenneth J. Kencel?

Kenneth J. Kencel reported an indirect open-market purchase of 10,000 Nuveen Churchill Direct Lending Corp. common shares. The shares were acquired at $13.0384 each and are held through his spouse, increasing that specific indirect holding to 38,117 shares.

At what price were the Nuveen Churchill (NCDL) shares bought in this Form 4?

The reported 10,000 Nuveen Churchill Direct Lending Corp. common shares were purchased at $13.0384 per share. This reflects an open-market transaction and applies specifically to the shares indirectly held through the reporting person’s spouse as disclosed.

Is Kenneth J. Kencel’s Nuveen Churchill (NCDL) purchase direct or indirect ownership?

The 10,000 Nuveen Churchill Direct Lending Corp. shares are reported as indirectly owned through his spouse. The Form 4 also lists other indirect holdings, including shares held by a trust and in a joint account on his behalf.

How many Nuveen Churchill (NCDL) shares does Kenneth J. Kencel hold through his spouse after this trade?

After the reported open-market purchase, the indirect holding of Nuveen Churchill Direct Lending Corp. shares through his spouse totals 38,117 shares. This figure reflects the position following the acquisition of the 10,000-share block at $13.0384 per share.

What other indirect Nuveen Churchill (NCDL) holdings are disclosed for Kenneth J. Kencel?

The Form 4 lists additional indirect holdings of Nuveen Churchill Direct Lending Corp. common stock held by a trust and in a joint account. These entries report total share positions for those accounts as of the transaction date without specifying new share amounts.

Does this Nuveen Churchill (NCDL) Form 4 show any insider share sales?

The Form 4 does not report any sales. It shows one open-market purchase of 10,000 Nuveen Churchill Direct Lending Corp. common shares and additional entries that describe existing indirect holdings by a trust and a joint account with no sale activity indicated.