Joshua Harris - Mar 25, 2024 Form 4 Insider Report for 26North BDC, Inc. (NONE)

Role
Other*
Signature
Joshua Harris /s/ Andrew Rabinowitz, as Attorney-in-Fact
Stock symbol
NONE
Transactions as of
Mar 25, 2024
Transactions value $
$4,200,000
Form type
4
Date filed
3/27/2024, 07:39 PM
Previous filing
Feb 22, 2024
Next filing
Apr 11, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NONE Common Stock Award $4.2M +168K +100% $25.00* 336K Mar 25, 2024 See footnotes F1, F3
holding NONE Common Stock 1K Mar 25, 2024 See footnotes F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 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.

Remarks:

Joshua Harris is the Founder of 26North Partners LP, the indirect parent of the Adviser. Mr. Harris is a member of the Adviser's investment committee.