DEFA14A ·Filed May 15, 2026

ARCC

ARES CAPITAL CORP
NEUTRAL
Impact 4/10
Horizonweeks Processed4mo ago SEC0001104659-26-062736
Proxy solicitation materials
Actionable Insight • Neutral

Monitor the vote outcome. If approved, watch for any actual below-NAV offerings which could pressure the stock near term, but may also signal attractive investment opportunities for the BDC.

DirectionNeutral
Confidencehigh
Horizonweeks
Final — all horizons settled through T+60d ⚠ clustered
ARCC ▲ +6.14% at T+60d
NEUTRAL call ✓ call won +6.14% · α vs SPY +1.29% · entry $18.72 → $19.87
Entry anchored
May 15, 2026
via day open
T+1d
-0.80%
call -0.80% · α -0.15%
$18.57
settled 5mo ago
T+5d
+0.53%
call +0.53% · α -1.08%
$18.82
settled 4mo ago
T+20d
-0.53%
call -0.53% · α -2.12%
$18.62
settled 4mo ago
T+60d
+6.14%
call +6.14% · α +1.29%
$19.87
settled 7w ago

Price Chart

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Executive Summary

ARCC is holding a special meeting on August 13, 2026 to vote on authorizing the issuance of up to 25% of outstanding common stock at prices below net asset value (NAV). The board recommends a 'For' vote. If approved, management could sell discounted shares over the following 12 months, potentially diluting existing holders but providing capital for investments.

Key Facts

  • Special meeting on August 13, 2026; vote deadline August 12, 2026.
  • Proposal to authorize below-NAV share issuance up to 25% of outstanding common stock.
  • Authorization would be effective for 12 months if approved.
  • Board recommends voting 'For' the proposal.

Financial Impact

Dilution potential of up to 25% of outstanding shares, but no specific issuance amount disclosed.

dilution

Risk Factors

  • Dilution from discounted share issuance if authorization is used.
  • Potential negative market reaction to below-NAV offerings.

Market Snapshot

Exchange
Nasdaq
Analyst Consensus
85% bullish (20 analysts)

Documents Analyzed

This report is based on 4 SEC documents filed with EDGAR.

DocumentAccession Number
DEFA14A Filing (Primary)0001104659-26-062736
Document: 0001104659-26-062736-index-headers.html0001104659-26-062736
Document: 0001104659-26-062736-index.html0001104659-26-062736
Document: 0001104659-26-062736.txt0001104659-26-062736
10 reports for ARCC
Performance horizon
Filters
Rows
Reports for ARCC — sortable, filterable
TypeNow
Aug 9, 2026
7w ago
Institutional Cluster
NEUTRAL ★ 3/10
$19.98 $19.74▼ −1.23%▼ −0.31%$18.86 (−5.61%)
Jul 22, 2026
10w ago
8-K
NEUTRAL ★ 3/10
$18.61 $19.78▲ +6.29%▲ +2.98%$18.86 (+1.34%)
Jun 22, 2026
14w ago
8-K
NEUTRAL ★ 4/10
$17.89 $18.98▲ +6.09%▲ +4.93%$18.86 (+5.42%)
Jun 6, 2026
16w ago
8-K
NEUTRAL ★ 4/10
$18.77 $18.56▼ −1.12%▼ −2.75%$18.86 (+0.48%)
May 26, 2026
18w ago
8-K
NEUTRAL ★ 3/10
$18.82 $18.05▼ −4.09%▼ −2.14%$18.86 (+0.21%)
May 15, 2026
20w ago
DEFA14A
NEUTRAL ★ 3/10
$18.72 $18.62▼ −0.53%▼ −2.12%$18.86 (+0.75%)
May 15, 2026
20w ago
DEFA14A
NEUTRAL ★ 4/10
$18.72 $18.62▼ −0.53%▼ −2.12%$18.86 (+0.75%)
May 11, 2026
20w ago
8-K
NEUTRAL ★ 3/10
$18.77 $18.57▼ −1.09%▲ +0.64%$18.86 (+0.48%)
Apr 28, 2026
22w ago
8-K
NEUTRAL ★ 3/10
$18.67 $18.86▲ +1.02%▼ −4.44%$18.86 (+1.02%)
Apr 28, 2026
22w ago
8-K
MIXED ★ 5/10
$18.92 $18.86▼ −0.32%▼ −5.77%$18.86 (−0.32%)
Showing 10 of 10

US Market Status

Market Closed — Opens Mon (38h 9m)

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