Amwal Investments LLC 4
4 · 26North BDC, Inc. · Filed Mar 25, 2026
Research Summary
AI-generated summary of this filing
26North BDC 10% Owner Amwal Buys $12.5M Shares
What Happened Amwal Investments LLC, reported as a 10% owner of 26North BDC, acquired 497,305.20 shares of 26North BDC common stock on March 23, 2026 at $25.14 per share, a transaction totaling about $12,502,253. The issuance resulted from a capital contribution tied to a capital call from the company (i.e., shares were issued to Amwal in exchange for its contribution), so this was an institutional purchase/issuance rather than a routine open-market buy by an executive.
Key Details
- Transaction date and price: March 23, 2026 — 497,305.20 shares at $25.14/share (total ≈ $12,502,253).
- Consideration: Footnote reports Amwal was obligated to contribute $12,500,000 under a capital call; the company issued 497,305.20 shares on that date.
- Shares held after transaction: 497,305.20 shares reported as held directly by Amwal.
- Reporting relationship: Amwal is a wholly owned subsidiary of Abu Dhabi Investment Council Company P.J.S.C. (ADIC); both entities are included as reporting persons, with customary disclaimers of beneficial ownership beyond pecuniary interest.
- Filing timeliness: Form 4 was filed March 25, 2026, two days after the March 23 transaction (consistent with normal Form 4 timing).
Context This was an institutional capital contribution and share issuance for a 10% owner, not an individual executive trade. Purchases by large shareholders can reflect continued capital support but are different from an insider "buying on the open market" signal; the filing includes a beneficial-ownership disclaimer by ADIC. No options, awards, gifts, or tax-withholding items were involved.
Insider Transaction Report
- Purchase
Common Stock
[F1][F2]2026-03-23$25.14/sh+497,305.2$12,502,253→ 3,483,025.85 total
Footnotes (2)
- [F1]On March 23, 2026, 26North BDC, Inc., a Maryland corporation (the "Issuer"), issued a capital call notice to certain investors that have committed to purchase shares of common stock of the Issuer ("Common Stock"). Pursuant to such capital call notice, Amwal Investments LLC ("Amwal") was obligated to make a capital contribution of $12,500,000 on March 23, 2026, and the Issuer issued 497,305.20 shares of Common Stock to Amwal on such date.
- [F2]These shares are held directly by Amwal, which is a wholly owned subsidiary of Abu Dhabi Investment Council Company P.J.S.C. ("ADIC"). Because of the relationship among Amwal and ADIC (collectively, the "Reporting Persons"), each of the Reporting Persons may be deemed to be the beneficial owner of these shares held directly by Amwal. Each of the Reporting Persons disclaims beneficial ownership of these shares in excess of its pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of the reported shares for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.