Barings BDC, Inc. — Insider Transactions
Form 4 filings by directors, officers, and 10%+ shareholders
SEC rules require corporate insiders — including directors, executive officers, and any shareholder owning more than 10% of a company's shares — to report changes in their ownership within two business days of a transaction. These disclosures are filed as Form 4. Open-market purchases (code P) are generally considered the most meaningful signal, as insiders are spending their own money.
| Insider | Title | Type | Shares | Price | Value | Owns After | Date |
|---|---|---|---|---|---|---|---|
| BYERS STEPHEN R | — | Sale | 5,671 | $8.98 | $50,926 | 64,572 | Dec 9, 2025 |
| Murray Elizabeth A. | CFO and COO and PAO | Purchase | 3,400 | $8.84 | $30,056 | 25,387 | Jun 6, 2025 |
| BYERS STEPHEN R | — | Purchase | 8,700 | $8.89 | $77,343 | 59,734 | Jun 6, 2025 |
| Freund Matthew | President | Purchase | 3,520 | $9.07 | $31,926 | 20,000 | May 19, 2025 |
| Lloyd Eric J | CEO | Purchase | 27,275 | $9.13 | $249,021 | 66,469 | May 19, 2025 |
| Freund Matthew | President | Sale | 1 | $9.06 | $9 | 20,000 | May 19, 2025 |
| BYERS STEPHEN R | — | Purchase | 1,063 | $9.89 | $10,514 | 41,516 | Dec 13, 2024 |
| O'Connor Michael James | — | Sale | 29,424 | $9.70 | $285,409 | — | Dec 12, 2024 |
| Murray Elizabeth A. | CFO and COO and PAO | Purchase | 2,000 | $9.70 | $19,400 | 20,805 | Dec 11, 2024 |
| Freund Matthew | President | Purchase | 1,500 | $9.72 | $14,580 | 14,971 | Dec 11, 2024 |
| BYERS STEPHEN R | — | Purchase | 1,350 | $9.63 | $13,001 | 26,888 | Nov 15, 2024 |
| Freno Michael | — | Purchase | 27,500 | $9.73 | $267,575 | 71,145 | May 9, 2024 |
| BYERS STEPHEN R | — | Purchase | 570 | $9.70 | $5,529 | 21,648 | Feb 28, 2024 |
| BYERS STEPHEN R | — | Purchase | 400 | $8.03 | $3,212 | 21,078 | Jul 18, 2023 |
| O'Connor Michael James | — | Purchase | 25,000 | $7.43 | $185,750 | 25,000 | May 16, 2023 |
| Merritt Sears | — | Purchase | 1,358 | $7.36 | $9,995 | 1,358 | May 11, 2023 |
| Murray Elizabeth A. | CFO and COO | Purchase | 2,500 | $7.23 | $18,075 | 15,907 | May 11, 2023 |
| Murray Elizabeth A. | Principal Accounting Officer | Purchase | 2,500 | $7.23 | $18,075 | 14,534 | May 11, 2023 |
| Freno Michael | — | Purchase | 4,000 | $7.19 | $28,760 | 31,287 | May 9, 2023 |
| Freno Michael | — | Purchase | 4,000 | $7.18 | $28,720 | 43,645 | May 9, 2023 |
| PERLEY ALBERT | Treasurer | Purchase | 100 | $7.21 | $721 | 2,000 | May 9, 2023 |
| CHILLAG JEFFREY | Director of Finance | Purchase | 3,500 | $7.23 | $25,305 | 8,374 | May 8, 2023 |
| CHILLAG JEFFREY | Director of Finance | Sale | 500 | $7.23 | $3,615 | 7,874 | May 8, 2023 |
| Craddock Geoff | — | Purchase | 10,000 | $7.67 | $76,700 | 30,000 | Apr 10, 2023 |
| Okel Thomas | — | Purchase | 9,400 | $8.05 | $75,670 | 19,437 | Mar 9, 2023 |
| BYERS STEPHEN R | — | Purchase | 466 | $8.55 | $3,984 | 20,019 | Jan 25, 2023 |
| BYERS STEPHEN R | — | Purchase | 236 | $9.27 | $2,188 | 18,121 | Jun 17, 2022 |
| BYERS STEPHEN R | — | Purchase | 1,850 | $10.38 | $19,203 | 17,885 | Jun 3, 2022 |
| BYERS STEPHEN R | — | Purchase | 235 | $10.22 | $2,402 | 16,035 | May 9, 2022 |
| CHILLAG JEFFREY | Director of Finance | Other | 1,382 | $10.15 | $14,027 | 3,756 | Mar 15, 2022 |
| MIHALICK DAVID | — | Purchase | 5,000 | $10.80 | $54,000 | 20,000 | Dec 1, 2021 |
| McDonnell Thomas | Vice President | Purchase | 5,000 | $10.85 | $54,250 | 13,000 | Nov 29, 2021 |
| Okel Thomas | — | Purchase | 401 | $11.03 | $4,422 | 10,037 | Sep 28, 2021 |
| CRANDALL ROGER W | — | Purchase | 3,000 | $10.95 | $32,850 | 18,250 | Aug 10, 2021 |
| McDonnell Thomas | Vice President | Purchase | 3,000 | $10.53 | $31,590 | 8,000 | Jun 9, 2021 |
| McDonnell Thomas | Vice President | Purchase | 2,000 | $10.39 | $20,780 | 5,000 | May 11, 2021 |
| McDonnell Thomas | Vice President | Purchase | 2,000 | $9.95 | $19,900 | 3,000 | Mar 30, 2021 |
| McDonnell Thomas | Vice President | Purchase | 1,000 | $9.90 | $9,900 | 1,000 | Mar 26, 2021 |
| Switzer John | — | Purchase | 1,000 | $9.11 | $9,110 | 6,000 | Dec 21, 2020 |
| MIHALICK DAVID | — | Purchase | 7,859 | $8.97 | $70,495 | 15,000 | Dec 7, 2020 |
| MIHALICK DAVID | — | Purchase | 7,141 | $9.04 | $64,555 | 7,141 | Dec 4, 2020 |
| Craddock Geoff | — | Purchase | 4,000 | $7.24 | $28,960 | 20,000 | May 26, 2020 |
| CRANDALL ROGER W | — | Purchase | 15,250 | $6.68 | $101,870 | 15,250 | May 14, 2020 |
| CRANDALL ROGER W | — | Purchase | 100 | $6.73 | $673 | 400 | May 6, 2020 |
| CRANDALL ROGER W | — | Purchase | 500 | $6.84 | $3,420 | 500 | May 6, 2020 |
| Finke Thomas M | — | Purchase | 15,000 | $7.00 | $105,000 | 25,000 | May 5, 2020 |
| Dinerman Jill | Associate Director | Sale | 500 | $6.84 | $3,420 | — | May 4, 2020 |
| Freno Michael | — | Purchase | 2,750 | $8.13 | $22,358 | 13,287 | Mar 13, 2020 |
| Lloyd Eric J | Trustee & CEO | Purchase | 13,480 | $8.22 | $110,806 | 28,928 | Mar 12, 2020 |
| Cary Christopher | Head of Stakeholder Relations | Purchase | 200 | $8.00 | $1,600 | 6,800 | Mar 12, 2020 |