WhiteHorse Finance (WHF) CEO adds 13,000 shares in open-market buys

Rhea-AI Filing Summary

WhiteHorse Finance, Inc. Chief Executive Officer Stuart D. Aronson bought additional common stock in two open-market transactions. He purchased 5,000 shares at $7.10 per share on March 20, 2026 and 8,000 shares at $6.95 per share on March 23, 2026. Following these buys, he directly owns 80,000 shares of WhiteHorse Finance common stock.

Insider Trade Summary

Net Buyer: 13,000 shares ($91,100)

Net Buy 2 txns

Insider Aronson Stuart D

Role Chief Executive Officer

Bought 13,000 shs ($91K)

Type	Security	Shares	Price	Value
Purchase	Common Stock, par value $0.001 per share	8,000	$6.95	$56K
Purchase	Common Stock, par value $0.001 per share	5,000	$7.10	$36K

Holdings After Transaction: Common Stock, par value $0.001 per share — 80,000 shares (Direct)

Footnotes (1)

Form 4 Insider Transactions: What Each Field Means →

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^*

Aronson Stuart D

(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
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/20/2026

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock, par value $0.001 per share	03/23/2026		P		8,000	A	$6.95	80,000	D
Common Stock, par value $0.001 per share	03/20/2026		P		5,000	A	$7.1	72,000	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:

	/s/ Marco Collazos, Attorney-in-Fact for Stuart Aronson	03/24/2026
	** 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)

FAQ

What insider transaction did WHF CEO Stuart D. Aronson report?

Stuart D. Aronson, CEO of WhiteHorse Finance (WHF), reported buying 13,000 common shares in the open market. The purchases occurred in two trades at prices between $6.95 and $7.10 per share, increasing his direct ownership stake in the company.

On what dates did the WHF CEO buy additional WhiteHorse Finance shares?

The CEO bought additional WhiteHorse Finance shares on March 20, 2026 and March 23, 2026. He acquired 5,000 shares on March 20 at $7.10 per share and 8,000 shares on March 23 at $6.95 per share, all through open-market purchases.

How many WhiteHorse Finance (WHF) shares did the CEO purchase in total?

The CEO purchased a total of 13,000 WhiteHorse Finance common shares across two open-market trades. One trade covered 5,000 shares and the other 8,000 shares, according to the Form 4 insider filing data for the reported transactions in March 2026.

What prices did the WHF CEO pay for WhiteHorse Finance stock?

He paid $7.10 per share for 5,000 shares on March 20, 2026 and $6.95 per share for 8,000 shares on March 23, 2026. Both transactions are classified as open-market purchases of WhiteHorse Finance common stock.

What is the WHF CEO’s WhiteHorse Finance shareholding after these purchases?

After these March 2026 purchases, the WhiteHorse Finance CEO directly owns 80,000 common shares. The Form 4 filing shows this post-transaction total, reflecting his increased direct equity stake following the combined 13,000-share open-market acquisitions.

Were the CEO’s WHF share purchases buys or sales of stock?

The reported transactions were buys, not sales. Both entries carry the purchase code "P" and are described as open-market purchases. The transaction summary shows a net-buy direction, with 13,000 shares acquired and no shares sold in these Form 4 records.