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Insider Buy ·Filed Sep 30, 2026

KBDC

Kayne Anderson BDC, Inc.
BULLISH
Impact 5/10
Horizonweeks Processed25d 22h ago SEC0001183254-26-000008
Insider cluster: 1 insiders, $4.8M total
Actionable Insight ▲ Bullish

A director's sustained open-market buying over five days at increasing volume is a classic bullish signal. Monitor for any upcoming earnings or strategic announcements that may have motivated the purchases. The lack of 10b5-1 plan indication suggests discretionary conviction.

DirectionBullish
Confidencehigh
Horizonweeks
Latest settled — T+5d
KBDC ▼ -1.96% at T+5d
LONG call ✗ call lost -1.96% · α vs SPY -3.26% · entry $12.76 → $12.51
Next anchor: T+20d tomorrow
Latest observation: T+16 -0.03% FF3 residual α
Entry = T+0 close
Sep 30, 2026
via day close
T+1d
-0.71%
call -0.71% · α -1.44%
$12.67
settled 25d ago
T+5d
-1.96%
call -1.96% · α -3.26%
$12.51
settled 19d ago
T+20d
Pending
tomorrow
T+60d
Pending
in 8w

Price Chart

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Executive Summary

Director James L. Robo made a series of open-market purchases totaling $4.79M over five trading days, including a 105,000-share buy on 2026-09-24. This is a strong conviction signal from a director, with total purchases representing approximately 0.4% of KBDC's market cap, a modest but notable insider buy.

Key Financial Metrics

Direction
buying
Total Value
$4.8M
Insiders
1

Key Facts

  • Director James L. Robo purchased a total of 366,700 shares across four transactions from 2026-09-22 to 2026-09-28.
  • Total purchase value: $4.79M, with prices ranging from $13.03 to $13.13 per share.
  • The largest single purchase was 146,800 shares at $13.03 on 2026-09-28.
  • No other insiders traded in the window, making this a solitary conviction buy.
  • The purchases represent approximately 0.4% of KBDC's market cap, which is modest but above the trivial threshold.

Financial Impact

$4.79M in open-market purchases by a director, representing ~0.4% of market cap.

insider ownership

Risk Factors

  • Director purchases, while bullish, are not as strong a signal as C-suite buying.
  • The purchases are modest relative to market cap, limiting potential price impact.
  • No other insiders joined the buying, reducing cluster signal strength.

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
INSIDER-BUY Data (Synthetic)0001183254-26-000008
9 reports for KBDC
Performance horizon
33% Hit rate @ T+1 1 of 3 directional calls Went positive at some point 1 of 3 best @ T+1▲ +0.38%Sep 23, 2026
Filters
Rows
Reports for KBDC — sortable, filterable
TypeNow
Oct 9, 2026
16d ago
8-K
NEUTRAL ★ 2/10
$12.45 $12.46▲ +0.08%▲ +0.14%$12.70 (+2.01%)
Sep 30, 2026
25d ago
Insider Buy
BULLISH ★ 5/10
$12.76 $12.67▼ −0.71%▼ −1.44%$12.70 (−0.47%)
Sep 25, 2026
4w ago
Insider Buy
BULLISH ★ 5/10
$13.04 $13.03▼ −0.08%▲ +0.67%$12.70 (−2.61%)
Sep 23, 2026
4w ago
Insider Buy
BULLISH ★ 6/10
$12.99 $13.04▲ +0.38%▼ −0.16%$12.70 (−2.23%)
Sep 16, 2026
5w ago
Insider Buy
BULLISH ★ 5/10
$13.24 $13.07▼ −1.28%▼ −1.16%$12.70 (−4.08%)
Aug 10, 2026
10w ago
8-K
MIXED ★ 5/10
$13.75 $13.60▼ −1.09%▼ −1.34%$12.70 (−7.64%)
Jun 29, 2026
16w ago
8-K
NEUTRAL ★ 2/10
$13.53 $13.68▲ +1.11%▲ +1.24%$12.70 (−6.13%)
May 11, 2026
23w ago
8-K
NEUTRAL ★ 4/10
$15.15 $15.15· 0.00%▼ −0.54%$12.70 (−16.17%)
May 28, 2025
17mo ago
Insider Cluster
NEUTRAL ★ 3/10
$14.07 $14.11▲ +0.32%▼ −0.08%$12.70 (−9.74%)
Showing 9 of 9

US Market Status

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Report published Sep 30, 2026