ROBO JAMES L

Director James L Robo buys 43,020 shares of KBDC at $15.84; stock down 11.2% from 52-week high.

James L Robo, a director, purchased 43,020 shares of Kayne Anderson BDC, Inc. on 2025-05-28 at $15.84 per share, expanding his holdings to 1,616,488 shares (+2.7% increase). The purchase occurs when the stock trades 11.2% below its 52-week high of $17.92, though it is up 0.3% over the past 30 days and down 8.4% over 90 days. His prior buy at KBDC on 2024-05-22 delivered a 90-day return of -3.7%. Across his broader open-market trading history, his 5 prior buys have averaged -19.0% returns over 90 days with a 0% win rate at the 90-day mark. The company trades at a P/E of 8.94 with $22.2M in net income and a $1.1B market cap. Without additional context on timing constraints or market conditions, the modest purchase size relative to existing holdings and the pattern of negative outcomes on his prior open-market purchases warrant monitoring of the stock's subsequent performance.

Director Robo James L buys 59,447 shares for $9,999,473.94 ($10.0M) in 4 transactions at blended $168.21; tripled holdings to 88,763 shares

Director James L Robo executed 4 separate open-market purchases totaling 59,447 shares for $9,999,473.94 on 2025-02-14, increasing his holdings from 29,316 shares to 88,763 shares—a +202.8% increase. The purchases occurred at prices ranging from $166.57 to $169.48 per share (blended average $168.21), which trade below the current price of $174.26 but well below the 52-week high of $218.78. Against his cross-ticker track record (1 prior buy with an average 90-day return of -3.7% and a 0% win rate), this large, concentrated buy represents a material commitment of capital; however, the historical pattern raises a caution on timing outcomes. The company is reporting -13.4% annual revenue growth and trades at a P/E of 30.90, suggesting the market is pricing in headwinds or elevated expectations relative to near-term earnings.