Were John Bolduc’s WHF purchases made directly or through related entities?

All reported holdings are indirect. The Form 4 states that the shares are owned by Bolduc Family LP and Bolduc Investments X, LLC. John Bolduc is associated with these entities but disclaims beneficial ownership of their shares, except to the extent of his pecuniary interest.

How many total WHF shares did John Bolduc-related entities buy according to the June 2026 Form 4?

The filing’s transaction summary shows net purchases of 14,280 shares of WhiteHorse Finance common stock. This total reflects four open-market buy transactions of 3,570 shares each, with no reported sales, exercises, gifts, or tax-withholding dispositions in this particular Form 4.

Director-linked entities add 14,280 WHF shares in open-market buys for WhiteHorse Finance (WHF)

Filing Impact

(Neutral)

Filing Sentiment

(Positive)

Form Type

Rhea-AI Filing Summary

WhiteHorse Finance, Inc. director-related entities increased their holdings through open-market purchases of common stock. Entities associated with director John Bolduc bought a total of 14,280 shares of WhiteHorse Finance common stock in four open-market transactions on June 1 and June 2, 2026, each for 3,570 shares.

The reported purchase prices were weighted-average prices around $6.81–$6.88 per share within disclosed intraday ranges. Following the most recent transaction, one indirect holding reported in the filing stood at 302,467 shares. The shares are held by Bolduc Family LP and Bolduc Investments X, LLC, and Bolduc disclaims beneficial ownership except for his pecuniary interest.

Insider Trade Summary

Net Buyer: 14,280 shares ($97,747)

Net Buy 4 txns

Insider BOLDUC JOHN

Role null

Bought 14,280 shs ($98K)

Type	Security	Shares	Price	Value
Purchase	Common Stock, par value $0.001 per share	3,570	$6.81	$24K
Purchase	Common Stock, par value $0.001 per share	3,570	$6.81	$24K
Purchase	Common Stock, par value $0.001 per share	3,570	$6.88	$25K
Purchase	Common Stock, par value $0.001 per share	3,570	$6.88	$25K

Holdings After Transaction: Common Stock, par value $0.001 per share — 302,467 shares (Indirect, See Footnote)

Footnotes (1)

Mr. Bolduc is the sole shareholder of the general partner of Bolduc Family LP, which owns the reported securities. Mr. Bolduc disclaims beneficial ownership of shares of common stock held by Bolduc Family LP, except to the extent of his pecuniary interest therein. Mr. Bolduc is a member of Bolduc Investments X, LLC, which owns the reported securities. Mr. Bolduc disclaims beneficial ownership of shares of common stock held by Bolduc Investments X, LLC, except to the extent of his pecuniary interest therein. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $6.79 to $6.84, inclusive. Mr. Bolduc undertakes to provide to WhiteHorse Finance, Inc., any security holder of WhiteHorse Finance, Inc., 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 in footnote (3) to this Form 4. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $6.79 to $6.85, inclusive. Mr. Bolduc undertakes to provide to WhiteHorse Finance, Inc., any security holder of WhiteHorse Finance, Inc., 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 in footnote (4) to this Form 4. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $6.85 to $6.93, inclusive. Mr. Bolduc undertakes to provide to WhiteHorse Finance, Inc., any security holder of WhiteHorse Finance, Inc., 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 in footnote (5) to this Form 4. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $6.85 to $6.93, inclusive. Mr. Bolduc undertakes to provide to WhiteHorse Finance, Inc., any security holder of WhiteHorse Finance, Inc., 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 in footnote (6) to this Form 4.

Key Figures

Total shares bought: 14,280 shares Shares per transaction: 3,570 shares June 1 average price: $6.88 per share +3 more

6 metrics

Total shares bought 14,280 shares Net open-market purchases reported on June 1–2, 2026

Shares per transaction 3,570 shares Each of four reported open-market purchases

June 1 average price $6.88 per share Weighted-average price for June 1, 2026 purchases

June 2 average price $6.81 per share Weighted-average price for June 2, 2026 purchases

Price range footnotes $6.79–$6.93 per share Execution ranges across multiple trades in each aggregated transaction

Indirect holding after latest trade 302,467 shares Indirectly owned common stock reported following the most recent transaction

Key Terms

open-market purchase, beneficial ownership, pecuniary interest, weighted average price, +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.

beneficial ownership financial

"Mr. Bolduc disclaims beneficial ownership of shares of common stock"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

pecuniary interest financial

"except to the extent of his pecuniary interest therein"

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.

indirect ownership financial

""ownership_type": "indirect""

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google

Form 4 Insider Transactions: What Each Field Means →

06/03/2026 - 09:45 PM

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^*

BOLDUC JOHN

(Last)

(First)

(Middle)

C/O WHITEHORSE FINANCE, INC.

1450 BRICKELL AVENUE, 31ST FLOOR

(Street)

MIAMI

FLORIDA

33131

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
WhiteHorse Finance, Inc. [ WHF ]

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock, par value $0.001 per share	06/02/2026		P		3,570	A	$6.81⁽³⁾	302,467	I	See Footnote⁽¹⁾
Common Stock, par value $0.001 per share	06/02/2026		P		3,570	A	$6.81⁽⁴⁾	299,060	I	See Footnote⁽²⁾
Common Stock, par value $0.001 per share	06/01/2026		P		3,570	A	$6.88⁽⁵⁾	298,897	I	See Footnote⁽¹⁾
Common Stock, par value $0.001 per share	06/01/2026		P		3,570	A	$6.88⁽⁶⁾	295,490	I	See Footnote⁽²⁾

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Mr. Bolduc is the sole shareholder of the general partner of Bolduc Family LP, which owns the reported securities. Mr. Bolduc disclaims beneficial ownership of shares of common stock held by Bolduc Family LP, except to the extent of his pecuniary interest therein.

2. Mr. Bolduc is a member of Bolduc Investments X, LLC, which owns the reported securities. Mr. Bolduc disclaims beneficial ownership of shares of common stock held by Bolduc Investments X, LLC, except to the extent of his pecuniary interest therein.

3. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $6.79 to $6.84, inclusive. Mr. Bolduc undertakes to provide to WhiteHorse Finance, Inc., any security holder of WhiteHorse Finance, Inc., 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 in footnote (3) to this Form 4.

4. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $6.79 to $6.85, inclusive. Mr. Bolduc undertakes to provide to WhiteHorse Finance, Inc., any security holder of WhiteHorse Finance, Inc., 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 in footnote (4) to this Form 4.

5. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $6.85 to $6.93, inclusive. Mr. Bolduc undertakes to provide to WhiteHorse Finance, Inc., any security holder of WhiteHorse Finance, Inc., 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 in footnote (5) to this Form 4.

6. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $6.85 to $6.93, inclusive. Mr. Bolduc undertakes to provide to WhiteHorse Finance, Inc., any security holder of WhiteHorse Finance, Inc., 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 in footnote (6) to this Form 4.

	/s/ Marco Collazos, Attorney-in-Fact for John Bolduc	06/03/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did WHF director John Bolduc report on this Form 4?

The Form 4 reports that entities associated with director John Bolduc bought 14,280 shares of WhiteHorse Finance common stock in four open-market transactions of 3,570 shares each on June 1 and June 2, 2026, at weighted-average prices around $6.81–$6.88 per share.

At what prices were the WHF shares purchased in John Bolduc’s recent filings?

The reported prices are weighted-average figures. Transactions on June 1 and June 2, 2026, show averages of $6.88 and $6.81 per share, with detailed footnotes noting execution ranges between $6.79 and $6.93 per share across multiple trades that make up each reported average price.

How many WhiteHorse Finance shares are indirectly held after John Bolduc’s latest trades?

Following the most recent reported transaction, one of the indirect holdings in WhiteHorse Finance common stock stood at 302,467 shares. These shares are held through entities such as Bolduc Family LP and Bolduc Investments X, LLC, with Bolduc reporting only his pecuniary interest in those positions.

What do the weighted-average price footnotes mean in the WHF Form 4?

The footnotes clarify that each reported price is a weighted-average across multiple trades in a range. For example, some purchases occurred between $6.79 and $6.93 per share. John Bolduc commits to provide exact trade-by-trade pricing details to the company, investors, or SEC staff upon request.