Yu, David 4

What Happened

David Yu, Vice President of 26North BDC, Inc., received an award/acquisition of 3,978.44 shares of the company's common stock on 2026-03-23. The per-share value reported was $25.14, for a total value of $100,018. This transaction is an award/acquisition (code A) — not a sale — and represents additional shares added to his holdings rather than a disposition.

Key Details

• Transaction date: 2026-03-23; reported on Form 4 filed 2026-03-25 (timely filing).
• Transaction type: Award/Grant (A) — acquisition of shares.
• Shares received: 3,978.44 at $25.14 per share; total value $100,018.
• Shares owned after transaction: Not reported in the provided excerpt of the filing.
• Footnotes:
  • F1: Remaining uncalled portion of the reporting person’s capital commitment may be drawn down over time in exchange for additional shares at then-current NAV.
  • F2: Ownership figures include shares received via the company’s dividend reinvestment plan as of this filing date.
• No indication this filing was late.

Context

This is a grant/acquisition of stock (likely part of compensation or capital commitment arrangements) rather than an open-market purchase or sale. Such awards add to insider ownership but do not by themselves indicate buying or selling intent in the market. Footnote F1 suggests the insider has an ongoing capital commitment to the company that can be converted into more shares over time at NAV.