GOLUB DAVID (Chief Executive Officer) made both purchases and sales at GOLUB CAPITAL BDC, INC.

Purchased 6.06M shares and sold 6.06M shares — review individual transaction dates and prices for directional context.

P · 1S · 3

GOLUB DAVID

Filed: 5/29/2025ACC: 0001476765-25-000047

InsiderGOLUB DAVIDCIK 1298389

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IssuerGOLUB CAPITAL BDC, INC.CIK 1476765

DirectorOfficer· Chief Executive Officer

Since Sep 2019

-6.06M

Net shares

Net seller

$183.37M

Total sold

Open market trades

1B · 3S

Total transactions

6.06M acquired · 12.12M disposed

Non-Derivative Transactions5

Common Stock, par value $0.001 per share

Indirect

S · Sale

−3.86M

Price / share

$15.13

Trade value

$58.41M

% of position

New position

5/27/2025

3.86M→0.00

Common Stock, par value $0.001 per share

Indirect

S · Sale

−2.18M

Price / share

$15.13

Trade value

$33.03M

% of position

New position

5/27/2025

2.18M→0.00

Common Stock, par value $0.001 per share

Indirect

S · Sale

−16.48K

Price / share

$15.13

Trade value

$249.35K

% of position

New position

5/27/2025

16.48K→0.00

Common Stock, par value $0.001 per share

Indirect

P · Purchase

+6.06M

Price / share

$15.13

Trade value

$91.69M

% of position

New position

5/27/2025

0.00→6.06M

Common Stock, par value $0.001 per share

Indirect

G · Gift

−6.06M

Price / share

$15.13

Trade value

$91.69M

% of position

New position

5/27/2025

6.06M→0.00

Total

Net shares

−6.06M

Net value

-$91.69M

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock, par value $0.001 per share Indirect	5/27/2025	S · Sale	−3.86M	$15.13	$58.41M	New position	3.86M	0.00
Common Stock, par value $0.001 per share Indirect	5/27/2025	S · Sale	−2.18M	$15.13	$33.03M	New position	2.18M	0.00
Common Stock, par value $0.001 per share Indirect	5/27/2025	S · Sale	−16.48K	$15.13	$249.35K	New position	16.48K	0.00
Common Stock, par value $0.001 per share Indirect	5/27/2025	P · Purchase	+6.06M	$15.13	$91.69M	New position	0.00	6.06M
Common Stock, par value $0.001 per share Indirect	5/27/2025	G · Gift	−6.06M	$15.13	$91.69M	New position	6.06M	0.00
Total			−6.06M		-$91.69M

Derivative Transactions0

No derivative transactions reported

Non-Derivative Holdings (Post-Transaction)4

Common Stock, par value $0.001 per share

Indirect

Shares owned1.68M

Common Stock, par value $0.001 per share

Direct

Shares owned125.39K

Common Stock, par value $0.001 per share

Indirect

Shares owned166.67K

Common Stock, par value $0.001 per share

Indirect

Shares owned188.68K

Total

125.39K direct·2.03M indirect2.16M

Security Title	Shares Owned	Ownership Type
Common Stock, par value $0.001 per share	1.68M	Indirect
Common Stock, par value $0.001 per share	125.39K	Direct
Common Stock, par value $0.001 per share	166.67K	Indirect
Common Stock, par value $0.001 per share	188.68K	Indirect
Total	2.16M	125.39K direct·2.03M indirect

Derivative Holdings (Post-Transaction)0

No derivative holdings reported