A Form 4 is filed within two business days of a company insider — an officer, a director, or a holder of more than ten percent of the stock — changing their position in the shares. All 6 filings in this group are Form 4s for Kayne Anderson BDC, Inc.
The difficulty with reading these filings as a group is that a single form type covers transactions that mean entirely different things. An executive spending their own money to buy stock and an executive having shares withheld to pay tax on a vesting grant both appear as a Form 4. Every filing below is therefore tagged with the nature of the underlying transaction, taken from the transaction code reported on the form itself.
Across the 6 insider filings shown, the breakdown is 6 open-market purchase. 6 of them involved a discretionary open-market trade; the rest are compensation and administrative mechanics.
Form 4
Open-market purchase
Insider Buying
2026-09-30
KBDC insider ROBO JAMES L (Director) bought 146,755 shares (~$1.91M)
ROBO JAMES L, listed as Director at Kayne Anderson BDC, Inc., reported an open-market purchase of 146,755 KBDC shares in a Form 4 filing. Insider buying is often treated as a bullish signal because company insiders are committing their own capital.
The insider bought shares on the open market with their own money. This is the only Form 4 category that requires a discretionary cash outlay at the prevailing price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
P |
Open-market purchase
|
146,755 |
$13.03 |
$1.91M |
Filing: Form 4 (Insider Transaction)
Insider: ROBO JAMES L (Director)
Shares: 146,755
Est. Value: $1.91M
Form 4
Open-market purchase
Insider Buying
2026-09-25
KBDC insider ROBO JAMES L (Director) bought 105,000 shares (~$1.37M)
ROBO JAMES L, listed as Director at Kayne Anderson BDC, Inc., reported an open-market purchase of 105,000 KBDC shares in a Form 4 filing. Insider buying is often treated as a bullish signal because company insiders are committing their own capital.
The insider bought shares on the open market with their own money. This is the only Form 4 category that requires a discretionary cash outlay at the prevailing price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
P |
Open-market purchase
|
105,000 |
$13.05 |
$1.37M |
Filing: Form 4 (Insider Transaction)
Insider: ROBO JAMES L (Director)
Shares: 105,000
Est. Value: $1.37M
Form 4
Open-market purchase
Insider Buying
2026-09-23
KBDC insider ROBO JAMES L (Director) bought 114,961 shares (~$1.50M)
ROBO JAMES L, listed as Director at Kayne Anderson BDC, Inc., reported an open-market purchase of 114,961 KBDC shares in a Form 4 filing. Insider buying is often treated as a bullish signal because company insiders are committing their own capital.
The insider bought shares on the open market with their own money. This is the only Form 4 category that requires a discretionary cash outlay at the prevailing price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
P |
Open-market purchase
|
20,841 |
$13.13 |
$273.7K |
P |
Open-market purchase
|
94,120 |
$13.08 |
$1.23M |
Filing: Form 4 (Insider Transaction)
Insider: ROBO JAMES L (Director)
Shares: 114,961
Est. Value: $1.50M
Form 4
Open-market purchase
Insider Buying
2026-09-16
KBDC insider ROBO JAMES L (Director) bought 400,000 shares (~$5.21M)
ROBO JAMES L, listed as Director at Kayne Anderson BDC, Inc., reported an open-market purchase of 400,000 KBDC shares in a Form 4 filing. Insider buying is often treated as a bullish signal because company insiders are committing their own capital.
The insider bought shares on the open market with their own money. This is the only Form 4 category that requires a discretionary cash outlay at the prevailing price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
P |
Open-market purchase
|
60,000 |
$13.02 |
$781.0K |
P |
Open-market purchase
|
340,000 |
$13.04 |
$4.43M |
Filing: Form 4 (Insider Transaction)
Insider: ROBO JAMES L (Director)
Shares: 400,000
Est. Value: $5.21M
Form 4
Open-market purchase
Insider Buying
2026-03-09
KBDC insider MARUCCI GEORGE E JR (Director) bought 9,000 shares (~$123.7K)
MARUCCI GEORGE E JR, listed as Director at Kayne Anderson BDC, Inc., reported an open-market purchase of 9,000 KBDC shares in a Form 4 filing. Insider buying is often treated as a bullish signal because company insiders are committing their own capital.
The insider bought shares on the open market with their own money. This is the only Form 4 category that requires a discretionary cash outlay at the prevailing price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
P |
Open-market purchase
|
9,000 |
$13.74 |
$123.7K |
Filing: Form 4 (Insider Transaction)
Insider: MARUCCI GEORGE E JR (Director)
Shares: 9,000
Est. Value: $123.7K
Form 4
Open-market purchase
Insider Buying
2026-03-05
KBDC insider MARUCCI GEORGE E JR (Director) bought 1,000 shares (~$14.0K)
MARUCCI GEORGE E JR, listed as Director at Kayne Anderson BDC, Inc., reported an open-market purchase of 1,000 KBDC shares in a Form 4 filing. Insider buying is often treated as a bullish signal because company insiders are committing their own capital.
The insider bought shares on the open market with their own money. This is the only Form 4 category that requires a discretionary cash outlay at the prevailing price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
P |
Open-market purchase
|
1,000 |
$13.96 |
$14.0K |
Filing: Form 4 (Insider Transaction)
Insider: MARUCCI GEORGE E JR (Director)
Shares: 1,000
Est. Value: $14.0K