Golub Capital BDC, Inc.

Golub Capital BDC, Inc. insiders are currently net sellers of GBDC stock, showing bearish sentiment over the past 90 days. Total sales of $237.6M outpace purchases of $114.1M, creating a net outflow of $123.5M.

Golub Capital BDC, Inc. has 12 active insiders who have filed SEC Form 4 transactions in the past 90 days. David Golub (Executive) leads with 258 transactions totaling $215.6M. Lawrence E. Golub (Executive) follows with 252 transactions worth $214.8M. Open-market purchases require insiders to invest their own capital, demonstrating genuine conviction.

The Insider Alignment Score measures the ratio of buying to selling activity on a 0-100 scale. Golub Capital BDC, Inc.'s current score of 32/100 indicates bearish insider sentiment. Scores below 40 indicate selling pressure exceeds buying. Insider selling often reflects diversification needs, tax optimization, or estate planning.

The most recent insider transaction occurred on Sep 11, 2024, when Thomas Baily John (Executive) disposed of 0.77 shares at $14.68 per share for $11. This appears to be a discretionary trade.

Based on SEC Form 4 filings from the past 90 days, GBDC insider trading sentiment is currently bearish with an Alignment Score of 32/100. The negative net flow of $123.5M shows more selling than buying. However, 0% of recent transactions are 10b5-1 scheduled trades.

SEC Form 4 is the primary disclosure mechanism for insider trading at publicly traded companies like Golub Capital BDC, Inc.. Corporate insiders must file within two business days of any transaction, making it one of the most timely sources of executive sentiment. At GBDC, we track all Form 4 filings—currently showing 599 transactions from 12 insiders over 90 days.

A 10b5-1 plan allows Golub Capital BDC, Inc. executives to pre-schedule stock sales when they don't possess material non-public information. At GBDC, approximately 0% of recent transactions are 10b5-1 trades. Most trading activity at GBDC appears discretionary, making insider signals more meaningful.

You can monitor Golub Capital BDC, Inc. (GBDC) insider trading activity on this page, which updates within hours of new SEC Form 4 filings. We track all 12 active insiders and provide real-time transaction feeds, the Alignment Score, 10b5-1 vs. discretionary breakdowns, and direct links to SEC EDGAR filings.

Our Alignment Score measures the ratio of insider buying to selling on a scale of 0-100. A score above 70 indicates strong bullish sentiment, while below 30 suggests bearish activity. Golub Capital BDC, Inc.'s current score of 32/100 indicates moderately bearish sentiment with selling outpacing buying. This is calculated from $114.1M in purchases versus $237.6M in sales over 90 days, resulting in a net flow of -$123.5M.

SEC Form 4 filings are mandatory reports that Golub Capital BDC, Inc. insiders must submit within 2 business days. Each filing includes the insider's name, relationship, transaction type, shares, and price. Transaction codes: P (purchase), S (sale), A (award), M (option exercise), G (gift). At GBDC, the most common type is "P" with 41 occurrences. The most recent Form 4 was filed on Sep 11, 2024 by Thomas Baily John.

Rule 10b5-1 allows corporate insiders to establish pre-scheduled trading plans when they don't possess material non-public information. At Golub Capital BDC, Inc., approximately 0% of recent transactions are executed under 10b5-1 plans, while 100% appear to be discretionary trades. The low percentage means most insider activity at GBDC represents discretionary decisions with more informational value.