Fidelity & Guaranty Life Insurance Co filed a Form 4 with the SEC on August 26, 2026, disclosing the sale of a combined 73,457 shares of Crescent Capital BDC, Inc. common stock on August 24 and August 25, 2026, pursuant to a Rule 10b5-1 plan.

Key Highlights

  • First transaction: 33,457 shares of common stock were disposed of on August 24, 2026, at a volume weighted average price of $10.7169 per share, with individual sale prices ranging from $10.72 to $10.77.
  • Second transaction: 40,000 shares were disposed of on August 25, 2026, at a volume weighted average price of $10.7398 per share, with individual sale prices ranging from $10.74 to $10.80.
  • Remaining ownership: Following both transactions, the reporting person beneficially owned 4,131,850 shares of common stock, held directly.
  • Subsidiary holding: The post-transaction share totals represent shares held by Fidelity & Guaranty Life Insurance Company of New York, a wholly owned subsidiary of the reporting person, according to the filing.
  • Rule 10b5-1 plan: The filing indicates both transactions were made pursuant to a contract, instruction, or written plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
  • Reporting relationship: Fidelity & Guaranty Life Insurance Co is identified as a 10% owner of Crescent Capital BDC, Inc. (NASDAQ:CCAP).

Crescent Capital BDC 10% Owner Reduces Position Over Two Days

According to the Form 4 filed on August 26, 2026, Fidelity & Guaranty Life Insurance Co, a 10% owner of Crescent Capital BDC, Inc. (NASDAQ:CCAP), sold a total of 73,457 shares of CCAP common stock across two consecutive trading days. The reporting person's address is listed as 801 Grand Avenue, Suite 2600, Des Moines, Iowa 50309.

On August 24, 2026, the reporting person disposed of 33,457 shares at a volume weighted average price of $10.7169, with individual transaction prices ranging from $10.72 to $10.77 per share. The following day, August 25, 2026, an additional 40,000 shares were sold at a volume weighted average price of $10.7398, with prices ranging from $10.74 to $10.80 per share. Both transactions carried transaction code "S," indicating open-market sales, according to the filing.

The filing notes that the shares reported as beneficially owned following each transaction are held by Fidelity & Guaranty Life Insurance Company of New York, described as a wholly owned subsidiary of the reporting person. After the August 24 sale, beneficial ownership stood at 4,171,850 shares; after the August 25 sale, it stood at 4,131,850 shares. The filing was signed by Tessa Cantonwine, Secretary, on August 26, 2026, and states that the reporting person will provide full details on per-share sale prices upon request by the SEC staff, the issuer, or a security holder.

What Was Disclosed

Fidelity & Guaranty Life Insurance Co disclosed the sale of 73,457 total shares of Crescent Capital BDC common stock on August 24 and 25, 2026, under a Rule 10b5-1 plan, reducing beneficial ownership to 4,131,850 shares held through a wholly owned subsidiary.