SLR Investment director linked entities buy 20K shares
SLR Investment Corp. director Michael S. Gross reported open-market purchases of a total of 20,000 shares of common stock through entities associated with him.
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Form Type
4
Rhea-AI Filing Summary
SLR Investment Corp. director Michael S. Gross reported open-market purchases of a total of 20,000 shares of common stock through entities associated with him. The May 12, 2026 purchase of 10,000 shares had a weighted average price of about $13.09 per share, within a range of $13.06 to $13.09. The May 13, 2026 purchase of 10,000 shares had a weighted average price of about $13.10 per share, within a range of $13.09 to $13.10. After these transactions, entities and plans associated with Gross held 4,045,153 shares indirectly, and he held 227,789 shares directly.
Insider Trade Summary
Net Buyer: 20,000 shares
Net Buy
3 txns
Insider
GROSS MICHAEL S
Role
See Remarks
Bought
20,000 shs ($262K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 10,000 | $13.0996 | $131K |
| Purchase | Common Stock | 10,000 | $13.0853 | $131K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 4,045,153 shares (Indirect, See Footnotes);
Common Stock — 227,789 shares (Direct)
Footnotes (6)
- 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 May 12, 2026 is based on prices ranging from a low of $13.06 per share to a high of $13.09 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) and footnote (6) 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 207,618 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.
- F6. 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 May 13, 2026 is based on prices ranging from a low of $13.09 per share to a high of $13.10 per share.
Key Figures
Total shares bought: 20,000 shares
May 12 purchase price: $13.0853 per share
May 13 purchase price: $13.0996 per share
+2 more
5 metrics
Total shares bought
20,000 shares
Open-market purchases on May 12–13, 2026
May 12 purchase price
$13.0853 per share
Weighted average; range $13.06–$13.09
May 13 purchase price
$13.0996 per share
Weighted average; range $13.09–$13.10
Indirect holdings after trades
4,045,153 shares
Indirect ownership following purchases
Direct holdings after trades
227,789 shares
Direct ownership as of May 12, 2026 entry
Key Terms
open-market purchase, beneficially own, grantor retained annuity trust, pecuniary interest, +1 more
5 terms
open-market purchase financial
"transaction_action": "open-market purchase""
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
beneficially own financial
"may be deemed to indirectly beneficially own a portion of the shares"
Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.
grantor retained annuity trust financial
"a grantor retained annuity trust (the "GRAT") setup by and for Mr. Gross"
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"
indirect ownership financial
"The total indirect ownership also includes 117,617 shares of the Issuer"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did SLRC director Michael S. Gross report?
Michael S. Gross reported entities associated with him bought 20,000 SLRC common shares in open-market transactions. The purchases occurred on May 12 and May 13, 2026, in two 10,000-share blocks at weighted average prices slightly above $13 per share.
What is Michael S. Gross’s direct ownership in SLRC after the Form 4 transactions?
Following the reported activity, Michael S. Gross directly held 227,789 SLRC common shares. This direct position is separate from the larger indirect holdings controlled through plans, LLCs, and trusts, where beneficial ownership is only to the extent of his pecuniary interest.
AI-generated analysis. How Rhea-AI works. Not financial advice.
