Director Lawrence Golub Unloads $21.9M in GBDC Shares
GBDC is trading near its 52-week low of $11.77 (12% above the low).
Summary
Director Lawrence E. Golub sold 1.68 million shares of Golub Capital BDC for $21.9 million, a notable insider sale.
Key Events · Ownership and Investor Activity · GBDC
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Director Sells $21.9M Stake
Lawrence E. Golub sold 1,676,387 shares at $13.06 each, totaling $21,893,614.22, through GEMS Fund 4, L.P.
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Indirect Holdings Reduced
Post-transaction, Golub's indirect holdings via GEMS Fund 4, L.P. dropped to zero, though he retains 704,695 shares through Whitehall Capital Investors VI, LLC.
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Sale Represents 0.64% of Market Cap
The transaction value equals 0.64% of Golub Capital BDC's $3.4 billion market cap, a meaningful but not extreme insider sale.
Analysis · GBDC · Unknown
On August 7, 2026, Director Lawrence E. Golub sold 1.68 million shares at $13.06, generating $21.9 million in proceeds. The transaction represents 0.64% of the company's market cap, a notable reduction in his indirect holdings. While Golub is not a C-suite executive, the sale's significant dollar amount warrants investor attention. The disclosure was made today.
How filings like this one have moved
In the 30 days to Oct 2, 2026, 29.9% of the 1656 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.57%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, GBDC was trading at $13.18 on NASDAQ in the Unknown sector, with a market capitalization of approximately $3.4B. The 52-week trading range was $11.77 to $14.93. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.