The concentrated buying by a senior executive (VP) and a director suggests strong internal confidence in TSLX's valuation or near-term prospects. Traders should monitor for potential catalysts such as dividend stability, portfolio performance, or upcoming earnings.
Price Chart
Executive Summary
Two insiders at Sixth Street Specialty Lending (TSLX) purchased shares in the open market over the past week, with Vice President Alan Waxman buying 300,000 shares for $5.53 million and Director Covington P. Emery purchasing 7,500 shares for $137,625. The total cluster value is $5.67 million, representing approximately 0.33% of the company's $1.7 billion market cap, signaling moderate insider confidence.
Key Financial Metrics
Key Facts
- Vice President Alan Waxman purchased 300,000 shares for $5.53 million in two open-market transactions at an average price of $18.43.
- Director Covington P. Emery bought 7,500 shares for $137,625 at $18.35 per share.
- All transactions were open-market purchases (P), indicating direct capital commitment.
- Total insider buying in the cluster: $5.67 million over 7 days.
- This cluster is part of broader recent insider activity totaling $6.4 million in 30 days across 7 transactions.
Financial Impact
$5.67 million in open-market purchases, ~0.33% of $1.7B market cap
Risk Factors
- Insider purchases do not guarantee positive future performance.
- BDCs like TSLX are sensitive to interest rate and credit market shifts, which could impact earnings despite insider sentiment.
Market Snapshot
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CONTEXT: Insider Cluster Data (3 trades, 7d window) | cluster-TSLX-1773173823868 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Apr 10, 2026 28w ago | DEFA14A | $18.26 $19.24 | ▲ +5.37% | ▲ +2.07% | $17.21 (−5.75%) |
Feb 27, 2026 34w ago | Insider Cluster | $16.87 $17.86 | ▲ +5.83% | ▲ +7.81% | $17.21 (+2.00%) |
Feb 27, 2026 34w ago | Insider Cluster | $16.87 $17.86 | ▲ +5.83% | ▲ +7.81% | $17.21 (+2.00%) |
Feb 26, 2026 34w ago | Insider Cluster | $17.74 $17.97 | ▲ +1.32% | ▲ +2.45% | $17.21 (−2.99%) |
Feb 26, 2026 34w ago | Insider Cluster | $17.74 $17.97 | ▲ +1.32% | ▲ +2.45% | $17.21 (−2.99%) |
Feb 26, 2026 34w ago | Insider Cluster | $17.74 $17.97 | ▲ +1.32% | ▲ +2.45% | $17.21 (−2.99%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers