SLR Investment CEO buys 20K shares at $12.35
Co-CEO Michael S. Gross reported open-market purchases of SLRC stock, increasing his indirect and direct share holdings.
Rhea-AI Filing Summary
SLR Investment Corp. (SLRC) insider Michael S. Gross, Co-Chief Executive Officer, President and Chairman, purchased 20,000 shares of Common Stock on September 10, 2026 in open-market transactions at a weighted average price of $12.349 per share, with individual trade prices between $12.345 and $12.35. The shares are held indirectly through entities and plans associated with Mr. Gross, bringing his reported indirect holdings to 4,065,153 shares and his direct holdings to 227,789 shares, subject to footnote disclosures that he may be deemed to beneficially own only to the extent of his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 20,000 shares
Net Buy
2 txns
Insider
GROSS MICHAEL S
Role
See Remarks
Bought
20,000 shs ($247K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock F1, F2, F3, F4, F5 | 20,000 | $12.349 | $247K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 4,065,153 shares (Indirect, See Footnotes);
Common Stock — 227,789 shares (Direct)
Footnotes (5)
- F1. 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 September 10, 2026 is based on prices ranging from a low of $12.345 per share to a high of $12.35 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 in this footnote (1) to this Form 4.
- F2. The total includes 1,030,293 shares of SLR Investment Corp. (the "Issuer") held by the Solar Capital Partners Employee Stock Plan, LLC (the "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 227,618 shares of the Issuer directly held by Mr. Gross' profit sharing plan (the "Profit Sharing Plan") following the transactions reported herein.
- F3. (Continued from Footnote (2)) 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.
- F4. (Continued from Footnote (3)) 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.
- F5. (Continued from Footnote (4)) 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.
Key Figures
Shares purchased: 20,000 shares
Weighted average purchase price: $12.349 per share
Trade price range: $12.345 to $12.35 per share
+2 more
5 metrics
Shares purchased
20,000 shares
Common Stock bought on September 10, 2026
Weighted average purchase price
$12.349 per share
Open-market purchase on September 10, 2026
Trade price range
$12.345 to $12.35 per share
Price range for shares purchased on September 10, 2026
Indirect holdings after transaction
4,065,153 shares
Total indirect SLRC common stock reported after purchase
Direct holdings after transaction
227,789 shares
Direct SLRC common stock position reported as of September 10, 2026
Key Terms
weighted average price, indirectly beneficially own, grantor retained annuity trust, pecuniary interest
4 terms
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
indirectly beneficially own financial
"may be deemed to indirectly beneficially own a portion of the shares"
grantor retained annuity trust financial
"a grantor retained annuity trust (the "GRAT") setup by and for Mr."
A grantor retained annuity trust (GRAT) is an estate-planning tool where the person who creates the trust transfers assets into it but receives fixed cash payments (an annuity) from the trust for a set number of years; whatever remains after that term passes to designated beneficiaries. It matters to investors because it can shift future appreciation of assets out of the creator’s taxable estate—like putting an asset into a timed vending machine that pays you fixed amounts while any extra value that grows inside the machine goes to heirs with reduced gift or estate tax consequences.
pecuniary interest financial
"except to the extent of his pecuniary interest therein"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did SLRC report for Michael S. Gross?
Michael S. Gross reported purchasing 20,000 SLRC common shares on September 10, 2026 in open-market transactions at a weighted average price of $12.349 per share, with individual trades between $12.345 and $12.35.
Was the SLRC insider stock purchase under a Rule 10b5-1 trading plan?
No. The filing for SLRC indicates that no Rule 10b5-1 trading plan was affirmatively checked for these transactions, and the footnotes do not state that the purchases were made under such a plan.
What role does Michael S. Gross hold at SLR Investment Corp. (SLRC)?
Michael S. Gross serves as Co-Chief Executive Officer, President and Chairman of the Board of SLR Investment Corp., as noted in the remarks section of the Form 4.
AI-generated analysis. How Rhea-AI works. Not financial advice.
