SLR Investment Corp. (SLRC) insider-linked entities add 35,452 shares in buys

Rhea-AI Filing Summary

SLR Investment Corp. director and officer Michael S. Gross reported a series of indirect acquisitions and equity plan adjustments. Entities associated with him bought a total of 35,452 shares of common stock in open-market transactions on March 13, 2026 and March 16, 2026 at weighted average prices of $13.9143 and $13.8965 per share. These purchases increased his indirectly held common stock to 4,025,153 shares, alongside 227,789 shares held directly.

Through the Solar Capital Partners Employee Stock Plan, LLC, 354,511.3826 restricted stock units were settled in cash, which the filing notes did not create new shares, and 10,986.5698 RSUs expired without value. On the same date, the plan granted 466,378.4286 new RSUs that may settle in stock or cash and are scheduled to vest 50% on the later of March 1, 2028 and an open trading window, and 50% on the later of March 1, 2029 and an open trading window.

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

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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^*

GROSS MICHAEL S

(Last) (First) (Middle)

C/O SLR INVESTMENT CORP.

500 PARK AVENUE

(Street)

NEW YORK NY 10022

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
SLR Investment Corp. [ SLRC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	See Remarks

3. Date of Earliest Transaction (Month/Day/Year)
03/13/2026

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	03/13/2026		M		354,511.3826(1)	D	(2)	3,635,189.6174(3)(4)(5)(6)	I	See Footnotes(3)(4)(5)(6)
Common Stock	03/13/2026		A		354,511.3826(1)(2)	A	(2)	3,989,701(7)	I	See Footnotes(3)(4)(5)(6)
Common Stock	03/13/2026		P		25,000	A	$13.9143(8)	4,014,701	I	See Footnotes(3)(4)(5)(6)
Common Stock	03/16/2026		P		10,452	A	$13.8965(9)	4,025,153	I	See Footnotes(3)(4)(5)(6)
Common Stock								227,789	D

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
Restricted Stock Units	(10)	03/13/2026		E			10,986.5968(10)	(10)	(10)	Common Stock	(10)	(10)	785,936.8193	I	See Footnote(10)
Restricted Stock Units	(11)	03/13/2026		M(1)(11)			354,511.3826(11)	(11)	(11)	Common Stock	354,511.3826	$0	198,870.1697	I	See Footnote(11)
Restricted Stock Units	(12)	03/13/2026		A(1)			466,378.4286(12)	(12)	(12)	Common Stock	466,378.4286	$0	466,378.4286	I	See Footnote(12)

Explanation of Responses:

1. Pursuant to the SEC staff no-action letters to Carlyle GMS Finance, Inc. (pub. Avail. Oct. 8, 2015) and to Babson Capital Management LLC (pub. Avail. Dec. 14, 2006), an employee benefit plan sponsored by an investment adviser (or an affiliated person of an investment adviser) to a closed-end investment company that has elected to be regulated as a business development company or to a closed-end investment company registered under the Investment Company Act of 1940, as amended, respectively, in either case that offers plan participants equity securities of such investment company is considered an "employee benefit plan sponsored by the issuer" for the purposes of Rule 16b-3 under the Securities Exchange Act of 1934, as amended.

2. Michael S. Gross and Bruce J. Spohler, as administrators of the Solar Capital Partners Employee Stock Plan, LLC (the "SCP Plan"), elected to settle 354,511.3826 restricted stock units ("RSUs") previously granted to employees by paying their cash value as contemplated by the RSUs, which cash settlement may be deemed to be a purchase of the shares underlying the previously granted RSUs. The shares that may be deemed to have been acquired were previously reported as beneficially owned due to Mr. Gross's partial pecuniary interest as described in footnotes 3, 4, 5 and 6. The settlement was approved in advance in accordance with Rule 16b-3.

3. The total includes 1,030,293 shares of SLR Investment Corp. (the "Issuer") held by SCP Plan. The SCP Plan is controlled by SLR Capital Partners, LLC ("SLR Capital Partners"). Messrs. Michael S. Gross and Bruce J. Spohler may be deemed to indirectly beneficially own a portion of the shares held by the SCP Plan by virtue of their collective ownership interest in SLR Capital Partners. In addition, the total includes 187,618 shares of the Issuer directly held by Mr. Gross' profit sharing plan (the "Profit Sharing Plan") following the transactions reported herein.

4. (Continued from Footnote (3)) In addition, the total includes 1,285,013 shares of the Issuer held by Solar Capital Investors, LLC ("Solar Capital I") and 715,000 shares of the Issuer held by Solar Capital Investors II, LLC ("Solar Capital II"), a portion of each of which may be deemed to be indirectly beneficially owned by Mr. Gross, a grantor retained annuity trust (the "GRAT") setup by and for Mr. Gross and for which he serves as trustee, and Mr. Spohler. Also, 355,107 shares of the Issuer are held by Solar Senior Capital Investors, LLC ("Solar Senior Investors") and 77 shares of the Issuer are held by SLR Capital Management, LLC ("SLR Management"), a portion held by each entity may be deemed to be indirectly beneficially owned by Mr. Gross and Mr. Spohler.

5. (Continued from Footnote (4)) The total indirect ownership also includes 117,617 shares of the Issuer held by certain trusts for the benefit of family members for which Mr. Gross serves as trustee (the "Family Trusts"). Mr. Gross may be deemed to directly beneficially own these shares by virtue of his control with respect to the Family Trusts. The total includes 334,428 shares of the Issuer held by the GRAT.

6. (Continued from Footnote (5)) Mr. Gross may be deemed to directly beneficially own these shares as the sole participant in the Profit Sharing Plan and as trustee and immediate family member of the Family Trusts. Mr. Gross disclaims beneficial ownership of any of the Issuer's securities directly held by the SCP Plan, Solar Capital I, Solar Capital II, Solar Senior Investors, SLR Management or the Family Trusts except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that Mr. Gross is the beneficial owner of such securities for purposes of Section 16 or any other purpose.

7. These 3,989,701 shares of the Issuer are the same number of shares held prior to the settlement of RSUs in cash because this transaction may only be a deemed acquisition for purposes of Section 16. No new shares of the Issuer were actually acquired as a result of the settlement of the 354,511.3826 RSUs.

8. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions. The reported price for the share purchases made on March 13, 2026 is based on prices ranging from a low of $13.86 per share to a high of $13.97 per share. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price set forth above.

9. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions. The reported price for the share purchases made on March 16, 2026 is based on prices ranging from a low of $13.85 per share to a high of $13.90 per share. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price set forth above.

10. The RSUs with respect to 10,986.5698 shares held by the SCP Plan granted to certain of SLR Capital Partners's employees terminated without value. The RSUs could have been settled in shares of the Issuer's common stock or the cash value thereof on a one-for-one basis at the election of the SCP Plan administrators, Messrs. Gross and Spohler. Messrs. Gross and Spohler may be deemed to beneficially own the shares held by the SCP Plan by virtue of their collective ownership interest in SLR Capital Partners. Each of the expiring classes of RSUs were outstanding for more than six months at the time of expiration. Expirations relate to the 2024 and 2025 grants of RSUs.

11. RSUs with respect to 354,511.3826 shares held by the SCP Plan granted to certain of SLR Capital Partners's employees on March 9, 2023 and March 13, 2024 settled on March 13, 2026. RSUs may be settled in shares of the Issuer's common stock or the cash value thereof on a one-for-one basis at the election of the SCP Plan administrators, Messrs. Gross and Spohler. The administrators elected to settle the vested portion in cash. Messrs. Gross and Spohler may be deemed to beneficially own the shares held by the SCP Plan by virtue of their collective ownership interest in SLR Capital Partners. Settlements relate to the 2023 and 2024 grants of RSUs and the holdings relate to the remaining portion of the 2024 RSU grants.

12. Grants of new RSUs with respect to 466,378.4286 shares held by the SCP Plan to certain of SLR Capital Partners's employees pursuant to Restricted Stock Unit Agreements, dated March 13, 2026. Shares of the common stock of the Issuer underlying the RSUs are scheduled to vest in installments of 50% on the latter of March 1, 2028 and the date of the opening of the trading window and 50% on the latter of March 1, 2029 and the date of the opening of the trading window. Upon settlement, the RSUs will become payable on a one-for-one basis in shares of the Issuer's common stock or the cash value thereof at the election of the SCP Plan administrators, Messrs. Gross and Spohler.

Remarks:

Co-Chief Executive Officer, President, Chairman of the Board

	/s/ Michael S. Gross	03/17/2026
	** 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).
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FAQ

What did Michael S. Gross report in this Form 4 for SLRC?

Michael S. Gross reported indirect open-market purchases of SLR Investment Corp. common stock, adjustments to restricted stock units, and updated share holdings. The filing details both equity plan activity and additional indirect ownership through affiliated entities and plans.

How many SLR Investment (SLRC) shares were purchased in the open market?

Entities associated with Michael S. Gross bought 35,452 SLR Investment Corp. common shares in open-market transactions. Purchases occurred on March 13 and March 16, 2026, at weighted average prices around the mid‑$13 range per share as shown in the filing.

What are Michael S. Gross’s reported SLR Investment share holdings after these transactions?

After the reported activity, Gross shows 4,025,153 SLR Investment Corp. common shares held indirectly and 227,789 shares held directly. These totals reflect combined positions across the employee stock plan, related entities, and his individual holdings.

What happened to the restricted stock units (RSUs) tied to SLRC in this filing?

Certain RSUs totaling 354,511.3826 shares were settled in cash, and 10,986.5698 RSUs expired without value. The filing specifies that no new SLR Investment Corp. shares were created from this cash settlement under the employee stock plan.

Were new RSUs granted in connection with SLR Investment (SLRC)?

Yes. The employee stock plan granted new RSUs covering 466,378.4286 SLR Investment Corp. shares on March 13, 2026. These awards vest in two equal installments tied to March 1, 2028 and March 1, 2029, subject to the company’s trading window opening.

Do the RSU settlements in this SLRC Form 4 increase the share count?

The filing states that settling 354,511.3826 RSUs in cash did not result in new SLR Investment Corp. shares being issued. It notes the same number of shares were held before and after this RSU cash settlement transaction.