Sixth Street Specialty Lending (TSLX) VP reports 300,000-share open-market buy
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sixth Street Specialty Lending, Inc. Vice President Alan Waxman reported indirect open-market purchases of a total of 300,000 shares of common stock through a trust. On March 6, 2026, the trust bought 200,000 shares at a weighted average price of $18.42 per share, and on March 5, 2026, it bought 100,000 shares at a weighted average price of $18.46 per share.
After these transactions, the trust held 300,000 shares. A separate holding line shows an indirect interest in 2,714,266 shares held by Sixth Street Specialty Lending Advisers, LLC, an entity managed through a structure in which Waxman serves as CEO of the top-level manager.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 300,000 shares ($5,530,000)
Net Buy
3 txns
Insider
Waxman Alan
Role
Vice President
Bought
300,000 shs ($5.53M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 200,000 | $18.42 | $3.68M |
| Purchase | Common Stock | 100,000 | $18.46 | $1.85M |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 300,000 shares (Indirect, By Trust)
Footnotes (1)
- The price reported in Column 4 is a weighted average price. These shares of common stock, par value $0.01 per share (the "Shares") were purchased in multiple transactions at prices ranging from $18.38 to $18.525, inclusive. Mr. Waxman ("Reporting Person") undertakes to provide to Sixth Street Specialty Lending, Inc. (the "Issuer"), any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Shares purchased at each separate price within the range set forth above. The price reported in Column 4 is a weighted average price. These Shares were purchased in multiple transactions at prices ranging from $18.28 to $18.635, inclusive. Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Shares purchased at each separate price within the range set forth above. Reporting Person previously reported his indirect pecuniary interest in 140,447.01 Shares. Shares are held directly by Sixth Street Specialty Lending Advisers, LLC ("Adviser"). Adviser is managed by Sixth Street Specialty Lending Advisers Holdings, LLC, the sole member of Adviser. Sixth Street Specialty Lending Advisers Holdings, LLC is managed by TSSP Holdco Management, LLC, which is managed by a board of directors, which is currently comprised of Reporting Person. Reporting Person is the CEO of TSSP Holdco Management, LLC.
FAQ
What is the total indirect TSLX interest reported through Sixth Street Specialty Lending Advisers, LLC?
The Form 4 notes a previously reported indirect pecuniary interest in 2,714,266 shares held by Sixth Street Specialty Lending Advisers, LLC. That adviser entity is managed through a holding structure whose top-level manager’s board currently includes Waxman as CEO.
What transaction code is used in Alan Waxman’s TSLX Form 4 trades?
The share purchases use transaction code P, described as a purchase in an open market or private transaction. This indicates these were buy transactions rather than option exercises, gifts, or other non-purchase related insider movements.