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BlackRock TCP Capital (TCPC) investment chief adds 80,000 shares in buys

Filing Impact
(Moderate)
Filing Sentiment
(Positive)
Form Type
4

Rhea-AI Filing Summary

BlackRock TCP Capital Corp. Co-Chief Investment Officer August Daniel Worrell reported buying additional common stock in open-market transactions. He purchased 40,000 shares at a weighted average price of $3.89 on March 6, 2026 and another 40,000 shares at a weighted average price of $3.75 on March 10, 2026.

After these two transactions, he directly owns 113,500 shares of BlackRock TCP Capital common stock. Both trades were made through multiple executions within narrow price ranges, as described in the weighted-average pricing footnotes.

Positive

  • None.

Negative

  • None.
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
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
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*
Worrell August Daniel

(Last) (First) (Middle)
2951 28TH STREET, SUITE 1000

(Street)
SANTA MONICA CA 90405

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
BlackRock TCP Capital Corp. [ TCPC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Co-Chief Investment Officer
3. Date of Earliest Transaction (Month/Day/Year)
03/06/2026
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 03/06/2026 P 40,000 A $3.89(1) 73,500(2) D
Common Stock 03/10/2026 P 40,000 A $3.75(3) 113,500(2) 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
Explanation of Responses:
1. The price reported in Column 4 is a weighted average price. These shares of common stock (the "Shares") were purchased in multiple transactions at prices ranging from $3.865 to $3.92 inclusive. The reporting person undertakes to provide to BlackRock TCP Capital Corp. (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 within the range set forth above.
2. Amount of securities beneficially owned includes Shares acquired by the Reporting Person pursuant to the Issuer's dividend reinvestment plan.
3. The price reported in Column 4 is a weighted average price. These Shares were purchased in multiple transactions at prices ranging from $3.7389 to $3.7595 inclusive. 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 within the range set forth above.
/s/ Diana Huffman, as attorney-in-fact 03/10/2026
** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider buying did TCPC report for August Daniel Worrell?

August Daniel Worrell, Co-Chief Investment Officer of BlackRock TCP Capital Corp. (TCPC), reported two open-market purchases totaling 80,000 common shares. These were executed in separate 40,000-share trades on March 6, 2026 and March 10, 2026.

At what prices did the TCPC insider purchase shares?

The TCPC officer bought 40,000 shares at a weighted average price of $3.89 on March 6 and another 40,000 shares at a weighted average price of $3.75 on March 10, across multiple trades within narrow price ranges.

How many TCPC shares does August Daniel Worrell own after these trades?

Following the reported transactions, August Daniel Worrell directly owns 113,500 shares of BlackRock TCP Capital Corp. common stock. This total includes shares acquired through open-market purchases and shares obtained previously, including via the company’s dividend reinvestment plan.

Were the TCPC insider purchases made in single or multiple trades?

Each reported purchase was executed as multiple trades at slightly different prices. The Form 4 reports weighted average prices and notes that detailed per-trade pricing information is available to the issuer, shareholders, or SEC staff upon request.

Does the TCPC filing mention dividend reinvestment plan shares?

Yes. The filing states that the amount of securities beneficially owned by the reporting person includes shares acquired through BlackRock TCP Capital Corp.’s dividend reinvestment plan, in addition to the newly purchased open-market shares.

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