Saratoga Investment (SAJ) CEO transfers stock to staff as pay
Rhea-AI Filing Summary
SARATOGA INVESTMENT CORP. (symbol SAJ) reported that CEO and Director Christian L. Oberbeck caused an indirect disposition of 280 shares of common stock on August 18, 2026, coded as an "Other acquisition or disposition". According to a footnote, these 280 shares were transferred by CLO Partners LLC to a Saratoga employee as compensation. After this transfer, CLO Partners LLC held 18,767 shares indirectly attributed to Mr. Oberbeck, alongside other reported positions of 724,593 shares held directly, 100,000 shares indirectly via CLO Partners Holdings LLC, 92,855 shares held by children, and 2,081 shares held by his wife.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 280 shares
Net Sell
5 txns
Insider
Oberbeck Christian L
Role
CEO and Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock F1 | 280 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 18,767 shares (Indirect, By CLO Partners LLC);
Common Stock — 724,593 shares (Direct);
Common Stock — 100,000 shares (Indirect, By CLO Partners Holdings LLC);
Common Stock — 92,855 shares (Indirect, By children);
Common Stock — 2,081 shares (Indirect, By wife)
Footnotes (1)
- F1. On August 18, 2026, Mr. Oberbeck transferred a total of 280 shares of common stock to a Saratoga employee as compensation.
Key Figures
Shares transferred as compensation: 280 shares
Indirect holdings via CLO Partners LLC: 18,767 shares
Direct holdings: 724,593 shares
+3 more
6 metrics
Shares transferred as compensation
280 shares
Indirect disposition on August 18, 2026, transferred to a Saratoga employee
Indirect holdings via CLO Partners LLC
18,767 shares
Common stock indirectly held after the 280-share transfer
Direct holdings
724,593 shares
Common stock directly held by Christian L. Oberbeck as of August 18, 2026
Indirect holdings via CLO Partners Holdings LLC
100,000 shares
Common stock indirectly attributed through CLO Partners Holdings LLC
Indirect holdings by children
92,855 shares
Common stock reported as indirectly owned through children
Indirect holdings by wife
2,081 shares
Common stock reported as indirectly owned through spouse
Key Terms
Other acquisition or disposition, indirect ownership, transaction code J
3 terms
Other acquisition or disposition regulatory
"Transaction code description shows "Other acquisition or disposition" for the 280-share entry."
indirect ownership financial
"The filing labels several positions as "indirect" ownership through entities and family."
transaction code J regulatory
"The 280-share transfer is reported with transaction code J, an "Other" type."
FAQ
What insider transaction did SAR (SAJ) report for Christian L. Oberbeck on August 18, 2026?
Christian L. Oberbeck reported an indirect disposition of 280 shares of SARATOGA INVESTMENT CORP. common stock on August 18, 2026. A footnote states these shares were transferred by CLO Partners LLC to a Saratoga employee as compensation, with no per-share price listed.
Was the August 18, 2026 SAR (SAJ) insider transaction a market sale or a compensation transfer?
The filing describes the event as a transfer of 280 shares as compensation to a Saratoga employee. It is coded as an "Other acquisition or disposition" (transaction code J), indicating a compensatory transfer rather than an open-market purchase or sale.
What indirect SAR (SAJ) holdings are attributed to Christian L. Oberbeck after the Form 4?
Indirectly, the filing attributes 18,767 shares via CLO Partners LLC, 100,000 shares via CLO Partners Holdings LLC, 92,855 shares held by children, and 2,081 shares held by his wife. These positions are reported as indirect ownership interests on the same date.
AI-generated analysis. How Rhea-AI works. Not financial advice.
