Matthew D. Kaplan - 07 Nov 2025 Form 4 Insider Report for Great Elm Capital Corp. (GECC)

Role: CEO and President
Signature: /s/ Adam M. Kleinman, attorney-in-fact
Issuer symbol: GECC
Transactions as of: 07 Nov 2025
Net transactions value: +$150,126
Form type: 4
Filing time: 10 Nov 2025, 16:13:42 UTC
Previous filing: 23 Sep 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Kaplan Matthew D	CEO and President	C/O GREAT ELM CAPITAL CORP., 3801 PGA BOULEVARD, SUITE 603, PALM BEACH GARDENS	/s/ Adam M. Kleinman, attorney-in-fact	10 Nov 2025	0001916576

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GECC	Common Stock	Purchase	$150,126	+19,650	+16%	$7.64	142,400	07 Nov 2025	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $7.55 to $7.74, inclusive. The Reporting Person undertakes to provide to Great Elm Capital Corp. ("GECC"), any security holder of GECC, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased in each transaction at each separate price within the ranges set forth herein.

Content

The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $7.55 to $7.74, inclusive. The Reporting Person undertakes to provide to Great Elm Capital Corp. ("GECC"), any security holder of GECC, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased in each transaction at each separate price within the ranges set forth herein.