HARRIS JOSHUA 4
4 · 26North BDC, Inc. · Filed Mar 25, 2026
Research Summary
AI-generated summary of this filing
26North BDC Founder Joshua Harris Receives 167,094.55 Shares
What Happened Joshua Harris, founder of 26North Partners LP and member of the adviser's investment committee, was reported to have acquired 167,094.55 shares of 26North BDC, Inc. on 2026-03-23. The shares were reported at $25.14 per share, for a total transaction value of $4,200,757. The Form 4 lists the transaction as an award/grant (code A), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-03-23; filing date: 2026-03-25 (filed two days after the transaction; appears timely).
- Shares acquired: 167,094.55; Price: $25.14 per share; Total value: $4,200,757.
- Post-transaction holdings: not specified in the provided filing summary.
- Footnotes of note:
- F1: Securities are directly held by 26N DL SPV LLC; Mr. Harris exercises voting and investment control. Remaining uncalled capital commitments to the Company may be drawn over time in exchange for additional shares at then-current NAV.
- F2: Some reported securities are directly held by 26North Direct Lending LP (the Adviser).
- F3: Includes shares received via the Company's dividend reinvestment plan as of the filing date.
- F4: Reporting persons disclaim beneficial ownership except to the extent of their pecuniary interest.
- Remarks: Joshua Harris is founder of 26North Partners LP, the indirect parent of the Adviser, and is a member of the Adviser's investment committee.
Context
- This was an award/grant (A), not an open-market buy or a sale; awards can reflect compensation, fund structuring, or capital commitment activity rather than a market-timed investment signal.
- The shares are held through affiliated entities (SPV and Adviser), and the filing clarifies control and disclaimers—so the reported acquisition is via those entities rather than a simple personal brokerage purchase.
Insider Transaction Report
Form 4
HARRIS JOSHUA
Other
Transactions
- Award
Common Stock
[F1][F4]2026-03-23$25.14/sh+167,094.55$4,200,757→ 1,170,296.68 total(indirect: See footnotes)
Holdings
- 1,200.17(indirect: See footnotes)
Common Stock
[F3][F2][F4]
Footnotes (4)
- [F1]The reported securities are directly held by 26N DL SPV LLC, for which voting and investment control are exercised by Mr. Harris. The remaining uncalled portion of the Reporting Persons' aggregate capital commitment to 26North BDC, Inc. (the "Company") will be drawn down over time at the discretion of the Company in exchange for additional shares of the Company's common stock at their then-current net asset value.
- [F2]The reported securities are directly held by 26North Direct Lending LP (the "Adviser"), the investment adviser to the Company.
- [F3]Includes shares of the Company's common stock received pursuant to a dividend reinvestment plan as of the date of this filing.
- [F4]Each of the Reporting Persons disclaims beneficial ownership of the reported securities except to the extent of his or its pecuniary interest therein, and the filing of this statement shall not be deemed an admission that such Reporting Persons are, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise, the beneficial owners of the reported securities.