[SCHEDULE 13D/A] Oxford Lane Capital Corp. 6.25% Series 2027 Term Preferred Shares SEC Filing

Rhea-AI Filing Summary

Oxford Lane Capital Corp. (OXLCP) Schedule 13D/A — Eagle Point Credit Management LLC and Thomas P. Majewski report combined beneficial ownership of preferred shares representing ~20.6% of the class. EPCM holds 1,799,707 preferred shares with sole voting and dispositive power under its investment management agreements; Mr. Majewski is reported with shared voting and dispositive power and an aggregate position of 1,805,207 shares. The filing states the shares were acquired over time in secondary market transactions for the Accounts using their investment capital. A schedule of recent secondary sales between August 18 and September 5, 2025, is provided showing multiple small sales across two series of term preferred shares.

The filing is a joint Schedule 13D amendment filed for disclosure and notes that the reporting parties reserve the right to change their ownership level over time.

Positive

• Material ownership disclosed: Combined beneficial ownership of approximately 20.6% of the preferred class, a significant, investor-relevant stake.
• Clear control description: EPCM asserts sole voting and dispositive power via investment management agreements, clarifying who directs the securities.
• Transaction transparency: The amendment lists recent secondary-market transactions with dates, share amounts and per-share prices.

Negative

• Active sales recorded: Multiple sales from August 18 to September 5, 2025, suggest the Accounts have been reducing position size through secondary-market trades.
• Potential governance complexity: Multiple related entities and disclaimers (EP Holdings, EP Holdings GP, EP-II LLC) may complicate ultimate control perception despite disclaimers.

Insights

Financial Analyst

TL;DR: A significant ~20.5% preferred stake disclosed; position managed by an adviser with discretion, signaling material investor involvement.

EPCM's reported 1,799,707 preferred shares equal roughly one-fifth of the outstanding preferred class, which is a material holding for preferred shareholders and could influence liquidity and voting outcomes tied to that class. The filing clarifies that EPCM holds sole voting/dispositive power under its investment management agreements while Mr. Majewski is reported as sharing that power, reflecting delegated portfolio management structure. The transaction table documents frequent secondary-market sales across August–September 2025, indicating active portfolio rebalancing rather than a single block trade. For investors, the key takeaway is material concentration by an institutional adviser with authority to increase or decrease exposure over time.

Corporate Governance Expert

TL;DR: Disclosure is comprehensive on ownership and control structure but contains standard disclaimers from related entities.

The Schedule 13D/A describes ownership, voting and dispositive authority and includes corporate ownership layers and disclaimers from EP Holdings and affiliated entities. The filing includes a Joint Filing Agreement and confirms no criminal or relevant civil proceedings in the past five years for the disclosed parties. From a governance perspective, the document provides the necessary transparency about who exercises voting power over the preferred shares, while related holding companies expressly disclaim beneficial ownership, which is typical in adviser-controlled structures.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 3)

Oxford Lane Capital Corp.

(Name of Issuer)

Preferred Shares

(Title of Class of Securities)

MULTIPLES

(CUSIP Number)

Courtney Fandrick
600 Steamboat Road, Suite 202,
Greenwich, CT, 06830
203 340 8536

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

09/03/2025

(Date of Event Which Requires Filing of This Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

SCHEDULE 13D

CUSIP No. MULTIPLES

1

Name of reporting person

Eagle Point Credit Management LLC

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 1,799,707.00
8	Shared Voting Power 0.00
9	Sole Dispositive Power 1,799,707.00
10	Shared Dispositive Power 0.00

11

Aggregate amount beneficially owned by each reporting person

1,799,707.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

20.54 %

14

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13D

CUSIP No. MULTIPLES

1

Name of reporting person

Thomas Philip Majewski

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

PF

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 5,500.00
8	Shared Voting Power 1,799,707.00
9	Sole Dispositive Power 5,500.00
10	Shared Dispositive Power 1,799,707.00

11

Aggregate amount beneficially owned by each reporting person

1,805,207.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

20.60 %

14

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13D

Item 1.	Security and Issuer
(a)	Title of Class of Securities: Preferred Shares
(b)	Name of Issuer: Oxford Lane Capital Corp.
(c)	Address of Issuer's Principal Executive Offices: 8 Sound Shore Drive, Suite 255, Greenwich, CONNECTICUT , 06830.
Item 2.	Identity and Background
(a)	Eagle Point Credit Management LLC
(b)	600 Steamboat Road, Suite 202, Greenwich, CT 06830 United States.
(c)	This Schedule 13D is jointly filed pursuant to a Joint Filing Agreement attached hereto as Exhibit A by (i) Eagle Point Credit Management LLC ("EPCM"), a Delaware limited liability company, and (ii) Thomas Philip Majewski ("Mr. Majewski"), a United States citizen (the "Reporting Persons"). The principal business address for the Reporting Persons is 600 Steamboat Road, Suite 202, Greenwich, CT 06830 United States. EPCM is a registered investment adviser and serves as investment adviser to certain private funds and separately managed accounts which hold the Preferred Shares described herein (collectively, the "Accounts"). Pursuant to an investment management agreement between EPCM and each Account, EPCM has discretionary investment authority and voting power with respect to the Preferred Shares directly held by the Accounts. As such, EPCM can be deemed to beneficially own the Preferred Shares directly held by the Accounts. EPCM is ultimately wholly owned by Eagle Point Holdings LP ("EP Holdings") through intermediary holding companies. Eagle Point Holdings GP LLC ("EP Holdings GP") is the sole general partner of EP Holdings. EP Holdings GP is managed by a board of managers (the "EP Holdings Board") of which the majority of the members are appointed by Trident EP-II Holdings LLC ("EP-II LLC"), which also owns a majority of the voting interests in EP Holdings GP. EP Holdings is a Delaware limited partnership and EP Holdings GP is a Delaware limited liability company. The principal business address of each of these entities is c/o Eagle Point Credit Management LLC, 600 Steamboat Road, Suite 202, Greenwich, CT 06830. EP-II LLC is a Delaware limited liability company. Its principal business address is c/o Stone Point Capital LLC, 20 Horseneck Lane, Greenwich, CT 06830. Set forth below is the name and principal occupation of each member of the Board of EP Holdings GP. Each of the following individuals is a United States citizen. Name Principal Occupation Principal Business Address Chris C. Stroup Managing Director, Stone Point Capital LLC c/o Stone Point Capital LLC, 20 Horseneck Lane, Greenwich, CT 06830 Thomas P. Majewski Managing Partner, EPCM (and certain affiliated advisers) c/o Eagle Point Credit Management LLC, 600 Steamboat Road, Suite 202, Greenwich, CT 06830 James R. Matthews Managing Director, Stone Point Capital LLC c/o Stone Point Capital LLC, 20 Horseneck Lane, Greenwich, CT 06830 Additional information regarding EPCM's ownership and governance structure is set forth in its Form ADV, as filed with the Securities and Exchange Commission (SEC File No. 801-77721), under the Investment Advisers Act of 1940, as amended, and is incorporated herein by reference.
(d)	During the past five years, none of the Disclosed Parties has been convicted in any criminal proceeding (excluding traffic violations or similar misdemeanors).
(e)	During the past five years, none of the Disclosed Parties was a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.
Item 3.	Source and Amount of Funds or Other Consideration
	Since the Reporting Persons' previous Schedule 13D filing relating to the Preferred Shares (filed with the SEC on August 15, 2025 and available at the following hyperlink: https://www.sec.gov/Archives/edgar/data/1495222/000110465925079354/xslSCHEDULE_13D_X01/primary_doc.xml, all of the Preferred Shares reported herein were acquired over a period of time in multiple secondary transactions at various market prices. The funds used to acquire each of the Preferred Shares were from each applicable Account's available investment capital.
Item 4.	Purpose of Transaction
	EPCM caused the Accounts to acquire the Preferred Shares they hold for investment purposes and will continue to analyze such investments on an ongoing basis. EPCM, on behalf of the Accounts, reserves the right to increase or decrease the Accounts' ownership of the Preferred Shares over time.
Item 5.	Interest in Securities of the Issuer
(a)	The Reporting Person may be deemed to beneficially own an aggregate of 1,799,707 Preferred Shares, which represents approximately 20.54% of all of the Issuer's outstanding preferred shares. The number of Preferred Shares which may be deemed to be beneficially owned by the Disclosed Parties are as follows: Shares Deemed to be Percentage Beneficially Owned By: Nature of Ownership of Class Eagle Point Credit Management LLC: 1,799,707 Sole Voting and Sole Dispositive Power (1) 20.54% Thomas Philip Majewski: 1,805,207 Shared Voting and Shared Dispositive Power (2) 20.60% EP Holdings (3): - - - EP Holdings GP (3): - - - EP Holdings Board members (3): - - - EP-II LLC (3): - - - (1) Pursuant to an investment management agreement between EPCM and each Account, EPCM has discretionary investment authority and voting power with respect to the Preferred Shares held by the Accounts. Thus, EPCM could be deemed to have the sole power to vote and dispose or direct the disposition of such Preferred Shares. (2) As managing partner and portfolio manager for EPCM, Mr. Majewski has the ability to exercise investment discretion over the Accounts. Thus, he could be deemed to share the power to vote and dispose or direct the disposition of the Preferred Shares held by the Accounts. (3) EP Holdings is a holding company for EPCM. While EP Holdings, EP Holdings GP, each of the EP Holdings Board members, and EP-II LLC could be deemed to share beneficial ownership of the securities held by the Accounts and beneficially owned by EPCM, each of the foregoing fully disclaim beneficial ownership of such securities.
(b)	1,799,707
(c)	Subsequent to the last amendment to this Schedule 13D, filed with the SEC on August 15, 2025, the Accounts engaged in the following secondary transactions: Date Security Acquisition/Sale Number of Price per Preferred Preferred Shares Share 8/18/2025 7.125% Series 2029 Term Preferred Shares Sale 18 24.30 8/18/2025 6.00% Series 2029 Term Preferred Shares Sale 55 23.28 8/20/2025 7.125% Series 2029 Term Preferred Shares Sale 1,423 24.28 8/21/2025 6.00% Series 2029 Term Preferred Shares Sale 587 23.28 8/22/2025 6.00% Series 2029 Term Preferred Shares Sale 10,000 23.28 8/25/2025 7.125% Series 2029 Term Preferred Shares Sale 5,000 24.28 8/25/2025 6.00% Series 2029 Term Preferred Shares Sale 19,642 23.28 8/26/2025 7.125% Series 2029 Term Preferred Shares Sale 5,100 24.30 8/26/2025 6.00% Series 2029 Term Preferred Shares Sale 10,007 23.28 8/27/2025 7.125% Series 2029 Term Preferred Shares Sale 93 24.30 8/27/2025 6.00% Series 2029 Term Preferred Shares Sale 15,000 23.30 8/28/2025 7.125% Series 2029 Term Preferred Shares Sale 10,180 24.30 8/29/2025 7.125% Series 2029 Term Preferred Shares Sale 1,884 24.30 9/02/2025 7.125% Series 2029 Term Preferred Shares Sale 29 24.35 9/03/2025 6.00% Series 2029 Term Preferred Shares Sale 92 23.45 9/03/2025 7.125% Series 2029 Term Preferred Shares Sale 10,316 24.30 9/04/2025 7.125% Series 2029 Term Preferred Shares Sale 5,305 24.30 9/05/2025 7.125% Series 2029 Term Preferred Shares Sale 5,900 24.34
Item 6.	Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer
	The relationships between the Disclosing Parties are described in response to Item 2.
Item 7.	Material to be Filed as Exhibits.
	Exhibit A Joint Filing Agreement We, the undersigned, hereby express our agreement that the attached Schedule 13D is, and any further amendments thereto signed by each of the undersigned shall be, filed on behalf of each of us pursuant to and in accordance with the provisions of Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended. This agreement may be terminated with respect to the obligations to jointly file future amendments to such statement on Schedule 13G as to any of the undersigned upon such person giving written notice thereof to each of the other persons signatory hereto, at the principal office thereof. Dated: September 5, 2025 EAGLE POINT CREDIT MANAGEMENT LLC By: /s/ Courtney Fandrick Name: Courtney Fandrick Title: Chief Compliance Officer THOMAS PHILIP MAJEWSKI By: /s/ Thomas P. Majewski Name: Thomas P. Majewski All other materials which may be required to be filed as exhibits have been incorporated by reference herein.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Eagle Point Credit Management LLC

Signature:	/s/ Courtney Fandrick
Name/Title:	Courtney Fandrick, Chief Compliance Officer
Date:	09/05/2025

Thomas Philip Majewski

Signature:	/s/ Thomas P. Majewski
Name/Title:	Thomas P. Majewski
Date:	09/05/2025

FAQ

What stake in OXLCP preferred shares do Eagle Point and Thomas Majewski report?

The filing reports Eagle Point Credit Management LLC beneficially owns 1,799,707 preferred shares (~20.54%) and Thomas P. Majewski aggregates 1,805,207 shares (~20.60%).

Does EPCM have voting control over the OXLCP preferred shares?

Yes. EPCM reports sole voting and dispositive power over the 1,799,707 preferred shares held by its Accounts under investment management agreements.

Were there recent transactions in OXLCP preferred shares disclosed?

Yes. The amendment lists multiple secondary-market sales between 8/18/2025 and 9/05/2025, across the 6.00% and 7.125% 2029 term preferred series with various share amounts and prices.

What is the stated purpose for acquiring the preferred shares?

The filing states the Accounts acquired the preferred shares for investment purposes and that EPCM may increase or decrease ownership over time.

Do affiliated holding companies claim beneficial ownership?

No. EP Holdings, EP Holdings GP, EP Holdings Board members and EP-II LLC are mentioned but expressly disclaim beneficial ownership of the securities held by the Accounts.