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Get filing alertsGBDC rabbi trust acquires 1.7M shares from Golub-affiliated entity for employee comp
Filed August 11, 2026 · Period ending August 7, 2026 · ~1 min read
Key Changes
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Rabbi trust purchased 1,676,387 shares from GEMS Fund 4, L.P. (controlled by founders Lawrence and David Golub) on Aug 7 to fund employee incentive awards at Golub Capital LLC and affiliates.
Item 8.01 verify on EDGAR →
Summary
Golub Capital BDC disclosed a routine internal share transfer for employee compensation purposes. On August 7, 2026, the company's employee compensation rabbi trust acquired 1,676,387 shares from GEMS Fund 4, L.P., a limited partnership controlled by entities affiliated with founders Lawrence E. Golub and David B. Golub.
The shares will be used to award incentive compensation to employees of Golub Capital LLC and its affiliates. This is a related-party transaction between the trust and founder-controlled entities, disclosed via Form 4 filings. The transaction represents a standard mechanism for funding employee equity awards and does not change the company's share count or capital structure. For retail holders, this is a procedural disclosure with no material impact on operations or shareholder value.
Section-by-Section Diff
Event · Item 8.01 — Other Events
Item 8.01 — Other Events filed; see Key Changes for terms.
Show 1 minor / wording change
Added in current filing · verify on EDGAR →
On August 7, 2026, Golub Capital Employee Grant Program Rabbi Trust acquired 1,676,387 shares of common stock of Golub Capital BDC, Inc. for the purpose of awarding incentive compensation to employees of Golub Capital LLC and its affiliates from GEMS Fund 4, L.P, a limited partnership controlled by entities affiliated with Lawrence E. Golub and David. B.Golub.
The company's employee compensation rabbi trust purchased 1,676,387 shares from GEMS Fund 4, L.P., an entity controlled by the Golub founders. These shares will be used to award incentive compensation to employees of Golub Capital LLC and affiliates. This is a related-party transaction between the trust and founder-controlled entities, disclosed via Form 4 filings.
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Figures/quotes linked to EDGAR · Narrative written by AI · Aug 12, 2026 · How we verify