Gladstone Invt Corp SEC Filings

Gladstone Investment Corporation filed an initial Form 3 for director George Stelljes III, formally registering him as a reporting person for the company’s securities. The filing lists no equity or derivative transactions, with all buy, sell, and exercise share counts reported as zero.

Gladstone Investment Corporation appointed George “Chip” Stelljes, III to its Board of Directors, effective June 1, 2026. He joins the 2028 class of directors as an independent director, with his term running until the company’s 2028 annual meeting of stockholders.

The board expanded from seven to eight members in connection with his appointment. Stelljes has also been named to the Compensation Committee, the Ethics, Nominating and Corporate Governance Committee, and the Valuation Committee. He will receive pro-rated compensation under the company’s standard program for independent directors.

The company noted there are no related-party arrangements or transactions involving Stelljes that require disclosure under Regulation S-K Item 404(a). A press release announcing his election was issued on June 2, 2026 and furnished as an exhibit.

Gladstone Investment Corporation (GAIN) Chief Financial Officer Ritchie Taylor reported multiple open-market purchases of the company’s Common Stock. On May 15, 18, and 19, 2026, he bought a total of 915 shares in four transactions: 450 shares at $16.50, 150 shares at $16.29, 160 shares at $16.15, and 155 shares at $16.10 per share. Following these purchases, one reported entry shows direct ownership of 2,812.23 shares of Common Stock. A footnote explains that one of the reported prices is a weighted average for shares purchased in multiple trades within a narrow price range.

Gladstone Investment Corporation reported fourth quarter and full-year results for the period ended March 31, 2026. For the quarter, total investment income was $25.2 million and Adjusted net investment income was $0.20 per share, roughly in line with the prior quarter, while net investment loss widened to $10.6 million due mainly to higher capital gains-based incentive fees.

Quarter-end net asset value rose to $16.78 per share from $14.95, driven by $92.8 million of net unrealized appreciation. For the year, total investment income grew to $99.1 million, but higher expenses, including $38.0 million of capital gains-based incentive fees, resulted in a net investment loss of $3.8 million, versus income a year earlier.

Full-year net increase in net assets from operations climbed to $184.8 million, helped by $216.1 million of net unrealized appreciation. The company paid regular distributions totaling $0.99 per share from net investment income plus $0.51 from realized gains, raised about $41.5 million via its at-the-market equity program, issued new notes, expanded its credit facility, and later repaid $127.9 million of 5.00% notes at maturity.

Gladstone Investment Corporation, an externally managed business development company, reports an investment portfolio with fair value of $1,309,248 (in thousands) as of March 31, 2026. The portfolio is 70.8% debt and 29.2% equity at cost, focused on lower middle market U.S. businesses.

Investments span 29 portfolio companies across 16 industries and are concentrated in machinery, services, and aerospace and defense. The five largest holdings total $582.6 million, or 44.5% of portfolio fair value. The U.S. South represents 49.6% of portfolio fair value.

The company remains a BDC and regulated investment company, targeting 70% debt and 30% equity over time, and uses a 2.0% base management fee plus incentive fees for its adviser. Asset coverage on senior indebtedness was 213.8%, above the 150% regulatory minimum, and management highlights risks from market conditions, interest rates, and illiquidity of private investments.

Gladstone Investment Corporation is soliciting proxies for its 2026 Annual Meeting of Stockholders, to be held virtually on August 6, 2026. Shareholders of record as of June 10, 2026 may vote on two items: the election of two director nominees and Proposal 2, which would authorize the company, with subsequent Board approval, to issue and sell up to 25% of outstanding common stock (per sale) at prices below then-current net asset value per share for a one-year period.

The Proxy explains voting procedures, quorum and broker non-vote treatment, Board and committee composition, governance practices, and potential dilutive effects of below-NAV offerings with illustrative dilution tables. The Board unanimously recommends votes FOR both director nominees and FOR Proposal 2.

Gladstone Investment Corporation notified Nasdaq of the removal of its 5.00% Notes due 2026 from listing and registration on the Nasdaq Stock Market. Nasdaq states it complied with Exchange rules under 17 CFR 240.12d2-2 and the issuer complied with the Exchange's withdrawal requirements; the notice is signed by Tara Petta, AVP.

Gladstone Investment Corporation executive Erika P. Highland, an Executive Vice President, filed an initial Form 3 reporting her status as an officer of the company. The filing reports no transactions, no derivative positions, and no share holdings in this initial statement of beneficial ownership.

Gladstone Investment Corporation executive Christopher James Lee has filed an initial ownership report on Form 3 as an Executive Vice President of the company, which trades under the ticker GAIN. The data provided shows no reported transactions or derivative positions in this filing.