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PRESS-RELEASE ·Filed Sep 18, 2026

SAR

Saratoga Investment Corp
NEUTRAL
Impact 3/10
Horizonweeks Processed1mo ago WireGlobeNewswire
Press release · Leadership
Actionable Insight • Neutral

Monitor next quarterly filing for any changes in financial reporting quality or compliance posture under the new CFO. The internal promotions suggest continuity, but Steenkamp's health-related departure introduces key-person risk in the near term.

DirectionNeutral
Confidencehigh
Horizonweeks
Latest settled — T+20d ⚠ clustered
SAR ▼ -15.20% at T+20d
NEUTRAL call -15.20% · α vs SPY -14.29% · entry $17.57 → $14.90
Next anchor: T+60d in 7w
Latest observation: T+24 -14.40% FF3 residual α
Entry = T+0 close
Sep 18, 2026
via day close
T+1d
+1.02%
call +1.02% · α +1.04%
$17.75
settled 5w ago
T+5d
-4.38%
call -4.38% · α -3.36%
$16.80
settled 5w ago
T+20d
-15.20%
call -15.20% · α -14.29%
$14.90
settled 12d ago
T+60d
Pending
in 7w

Price Chart

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Executive Summary

Saratoga Investment Corp. announced CFO Henri Steenkamp will step down effective October 31, 2026 for health reasons, with internal promotions to fill key finance and compliance roles. The transition is orderly with Steenkamp remaining as a board member and consultant, suggesting minimal operational disruption.

Key Facts

  • CFO Henri Steenkamp stepping down effective October 31, 2026 for health reasons
  • Christine Ramdihal promoted to Chief Accounting Officer and Treasurer (principal financial officer)
  • Rochelle Kracoff promoted to Chief Compliance Officer and Secretary
  • James Soltesz appointed Investment Manager and Vice President of Capital Markets
  • Steenkamp will remain on Board of Directors and CFO of SBIC subsidiaries, plus consulting role

Financial Impact

No financial figures disclosed; leadership transition costs not quantified

Risk Factors

  • Key-person risk from CFO departure for health reasons, despite orderly transition
  • Potential for undisclosed financial or compliance issues that prompted the change

Documents Analyzed

This report is based on 1 press release from GlobeNewswire.

DocumentAccession Number
PRESS-RELEASE Data (Synthetic)press-3364940
13 reports for SAR
Performance horizon
60% Hit rate @ T+1 3 of 5 directional calls Went positive at some point 3 of 5 best @ T+20▲ +20.02%Sep 23, 2026
Filters
Rows
Reports for SAR — sortable, filterable
TypeNow
Oct 13, 2026
14d ago
Insider Buy
BULLISH ★ 5/10
$15.07 $14.92▼ −1.00%▲ +0.09%$13.65 (−9.42%)
Oct 9, 2026
18d ago
8-K
BULLISH ★ 5/10
$14.93 $15.07▲ +0.94%▲ +0.95%$13.65 (−8.57%)
Oct 6, 2026
21d ago
8-K
BEARISH ★ 6/10
$14.91 $14.97▼ −0.40%▼ −0.83%$13.65 (+8.45%)
Sep 23, 2026
4w ago
Press Release
BEARISH ★ 5/10
$17.33 $17.11▲ +1.27%▲ +1.81%$13.65 (+21.23%)
Sep 22, 2026
5w ago
Press Release
NEUTRAL ★ 4/10
$17.46 $17.33▼ −0.74%▼ −0.66%$13.65 (−21.82%)
Sep 18, 2026
5w ago
Press Release
NEUTRAL ★ 3/10
$17.57 $17.75▲ +1.02%▲ +1.04%$13.65 (−22.31%)
Sep 18, 2026
5w ago
25-NSE
NEUTRAL ★ 2/10
$17.64 $17.57▼ −0.40%▼ −1.95%$13.65 (−22.62%)
Sep 17, 2026
5w ago
Press Release
NEUTRAL ★ 1/10
$17.86awaiting T+1—$13.65 (−23.57%)
Aug 26, 2026
8w ago
8-K
NEUTRAL ★ 4/10
$18.42 $18.33▼ −0.49%▼ −1.14%$13.65 (−25.90%)
Aug 19, 2026
9w ago
8-K
MIXED ★ 5/10
$18.72 $18.43▼ −1.55%▼ −1.96%$13.65 (−27.08%)
Showing 10 of 13

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Report published Sep 18, 2026