Director-linked trusts buy New Mountain Finance (NMFCZ) common stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
New Mountain Finance Corp director Steven B. Klinsky reported indirect open-market purchases of company common stock on September 16, 2025. Trusts associated with him bought 21,339 shares and 85,352 shares at $9.7813 per share.
After these transactions, one trust holds 965,111 shares and another holds 4,370,857 shares. Klinsky also reports 109,251.61 shares directly and additional indirect holdings through several long-term and revocable family trusts. He disclaims beneficial ownership of many of these positions except to the extent of his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 106,691 shares ($1,043,577)
Net Buy
10 txns
Insider
KLINSKY STEVEN B
Role
Director
Bought
106,691 shs ($1.04M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 21,339 | $9.7813 | $209K |
| Purchase | Common Stock | 85,352 | $9.7813 | $835K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 965,111 shares (Indirect, See Note);
Common Stock — 109,251.61 shares (Direct)
Footnotes (1)
- Includes shares previously acquired under the New Mountain Finance Corporation dividend reinvestment plan. The Steven B. Klinsky 2008 Long Term Trust directly owns these shares. The reporting person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein. The Steven B. Klinsky Non-GST Exempt Trust directly owns these shares. The reporting person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein. Includes (i) 16 shares held directly and (ii) 11,175 shares held indirectly through a trust by an immediate family member of the reporting person. The reporting person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein. Shares are held indirectly through a trust by an immediate family member of the reporting person. The reporting person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein. Shares are held indirectly through a trust by an immediate family member of the reporting person. The reporting person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein. Shares are held indirectly through a trust by an immediate family member of the reporting person. The reporting person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein. The Steven B. Klinsky 2024 Revocable Trust ("2024 Trust 1") directly owns these shares. The reporting person disclaims beneficial ownership held by 2024 Trust 1 except to the extent of his pecuniary interest therein. The Steven B. Klinsky 2024 Revocable Trust ("2024 Trust 2") directly owns these shares. The reporting person disclaims beneficial ownership held by 2024 Trust 2 except to the extent of his pecuniary interest therein. The Steven B. Klinsky 2024 Revocable Trust ("2024 Trust 3") directly owns these shares. The reporting person disclaims beneficial ownership held by 2024 Trust 3 except to the extent of his pecuniary interest therein.
FAQ
What insider transaction did NMFCZ director Steven B. Klinsky report?
Steven B. Klinsky reported indirect open-market purchases of New Mountain Finance Corp common stock. On September 16, 2025, associated trusts acquired 21,339 shares and 85,352 shares at $9.7813 per share, reflecting additional insider-linked ownership in the company through family trust structures.
What are Steven B. Klinsky’s reported holdings in NMFCZ after the Form 4 transactions?
After the reported trades, one trust holds 965,111 shares and another 4,370,857 shares of New Mountain Finance common stock. Klinsky also shows 109,251.61 shares held directly, plus several other indirect positions through long-term and revocable family trusts disclosed in the filing footnotes.
What role does Steven B. Klinsky have at New Mountain Finance (NMFCZ)?
Steven B. Klinsky is reported as a director of New Mountain Finance Corp. His Form 4 filing reflects stock positions held both directly and indirectly through several family-related trusts, with explicit disclaimers limiting his beneficial ownership to his pecuniary interests in those entities.
How are the NMFCZ trust holdings described in the Form 4 footnotes?
Footnotes state that several trusts, including the Steven B. Klinsky 2008 Long Term Trust and 2024 Revocable Trusts, directly own the reported shares. Klinsky disclaims beneficial ownership of these trust-held shares except to the extent of his pecuniary interest, clarifying his economic stake in each entity.