TSLX VP Alan Waxman buys 245,000 shares
Sixth Street Specialty Lending, Inc. insider Alan Waxman, a Vice President, reported significant open-market purchases of the company’s common stock through an indirect trust ownership.
Rhea-AI Filing Summary
Sixth Street Specialty Lending, Inc. insider Alan Waxman, a Vice President, reported significant open-market purchases of the company’s common stock through an indirect trust ownership. On March 9, the trust bought 200,000 shares at a weighted average price of $18.18 per share, followed by another 45,000 shares on March 10 at a weighted average price of $18.47 per share.
After these transactions, the trust’s holdings increased to 545,000 shares of common stock. A separate indirect holding of 2,714,266 shares is reported as being held by Sixth Street Specialty Lending Advisers, LLC, an entity managed through a chain of holding companies whose board currently includes Waxman as CEO.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 45,000 | $18.47 | $831K |
| Purchase | Common Stock | 200,000 | $18.18 | $3.64M |
| holding | Common Stock | -- | -- | -- |
Footnotes (3)
- F1. The price reported in Column 4 is a weighted average price. These shares of common stock, par value $0.01 per share (the "Shares") were purchased in multiple transactions at prices ranging from $17.865 to $18.445, inclusive. Mr. Waxman ("Reporting Person") undertakes to provide to Sixth Street Specialty Lending, Inc. (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.
- F2. The price reported in Column 4 is a weighted average price. These Shares were purchased in multiple transactions at prices ranging from $18.27 to $18.57, inclusive. 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.
- F3. Shares are held directly by Sixth Street Specialty Lending Advisers, LLC ("Adviser"). Adviser is managed by Sixth Street Specialty Lending Advisers Holdings, LLC, the sole member of Adviser. Sixth Street Specialty Lending Advisers Holdings, LLC is managed by TSSP Holdco Management, LLC, which is managed by a board of directors, which is currently comprised of Reporting Person. Reporting Person is the CEO of TSSP Holdco Management, LLC.
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What insider transactions did TSLX Vice President Alan Waxman report?
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