BBDC · Insider Trading

Barings BDC, Inc.

Every open-market purchase and sale reported by BBDC officers, directors and 10%+ beneficial owners on SEC Form 4, which must be filed within two business days of the transaction. Sales often reflect scheduled 10b5-1 plans or tax withholding rather than a directional view, so read counts alongside the size and the filer.

Form 4 Filings
50
most recent
Open-Market Buys
44
code P
Sales
2
code S
Reporting Insiders
5
current holders
BBDC — Recent Form 4 Transactions (latest 2026-06-05)
FiledInsiderRole TypeSharesValue
2026-06-05 Thomas McDonnell Chief Executive Officer Buy +10,000 +$82.70K
2025-12-10 Stephen R Byers Director MIXED +1,090 +$9.72K
2025-06-09 Elizabeth A. Murray CFO and COO and PAO Buy +3,400 +$30.06K
2025-06-06 Stephen R Byers Director Buy +8,700 +$77.34K
2025-05-22 Matthew Freund President Buy +3,520 +$31.93K
2025-05-20 Eric J Lloyd CEO Buy +34,375 +$313.53K
2025-05-20 Matthew Freund President MIXED +3,520 +$31.93K
2024-12-13 Elizabeth A. Murray CFO and COO and PAO Buy +2,000 +$19.40K
2024-12-13 Michael James O'Connor — Sell −29,423 −$285.41K
2024-12-13 Stephen R Byers Director Buy +9,548 +$93.07K
2024-12-12 Matthew Freund President Buy +2,500 +$24.29K
2024-11-15 Stephen R Byers Director Buy +14,915 +$147.97K
2024-05-10 Michael Freno — Buy +27,500 +$267.49K
2024-03-05 Stephen R Byers Director Buy +570 +$5.53K
2023-07-19 Stephen R Byers Director Buy +400 +$3.21K
2023-05-16 Michael James O'Connor — Buy +25,000 +$185.73K
2023-05-12 Michael Freno — Buy +12,000 +$86.24K
2023-05-11 Sears Merritt — Buy +1,358 +$9.99K
2023-05-11 Elizabeth A. Murray Principal Accounting Officer Buy +2,500 +$18.07K
2023-05-11 Jeffrey Chillag Director of Finance Buy +3,500 +$25.30K
2023-05-11 Elizabeth A. Murray CFO and COO Buy +2,500 +$18.07K
2023-05-10 Michael Freno — Buy +26,000 +$187.09K
2023-05-10 Albert Perley Treasurer Buy +2,000 +$14.42K
2023-05-08 Jeffrey Chillag Director of Finance MIXED +3,000 +$21.69K
2023-04-10 Geoff Craddock — Buy +10,000 +$76.70K
2023-03-10 Thomas Okel Director Buy +10,000 +$80.49K
2023-01-27 Stephen R Byers Director Buy +466 +$3.98K
2022-06-22 Stephen R Byers Director Buy +236 +$2.19K
2022-06-06 Stephen R Byers Director Buy +1,850 +$19.19K
2022-05-09 Stephen R Byers Director Buy +16,035 +$164.35K
2022-03-15 Jeffrey Chillag Director of Finance J +2,500 +$25.39K
2021-12-02 David Mihalick Director Buy +5,000 +$54.00K
2021-11-30 Thomas McDonnell Vice President Buy +5,000 +$54.25K
2021-09-28 Thomas Okel Director Buy +4,536 +$50.00K
2021-08-11 Roger W Crandall — Buy +3,000 +$32.85K
2021-06-10 Thomas McDonnell Vice President Buy +3,000 +$31.59K
2021-05-12 Thomas McDonnell Vice President Buy +2,000 +$20.78K
2021-03-31 Thomas McDonnell Vice President Buy +2,000 +$19.90K
2021-03-30 Thomas McDonnell Vice President Buy +1,000 +$9.90K
2020-12-22 John Switzer Director Buy +1,000 +$9.11K
2020-12-07 David Mihalick Director Buy +7,859 +$70.51K
2020-12-07 David Mihalick Director Buy +7,141 +$64.53K
2020-05-27 Geoff Craddock — Buy +10,000 +$72.28K
2020-05-27 Roger W Crandall — Buy +2,750 +$18.63K
2020-05-27 Roger W Crandall — Buy +15,250 +$101.81K
2020-05-15 Roger W Crandall — Buy +15,250 +$101.81K
2020-05-06 Thomas M Finke Director Buy +15,000 +$105.04K
2020-05-05 Jill Dinerman Associate Director Sell −500 −$3.42K
2020-03-17 Eric J Lloyd Trustee & CEO Buy +13,480 +$110.82K
2020-03-13 Jonathan Bock Chief Financial Officer Buy +5,875 +$48.88K
BBDC — Current Insider Holders
InsiderRole Shares HeldValue
Eric J Lloyd CEO 73,569 $615.04K
Stephen R Byers Director 70,243 $587.23K
Thomas McDonnell Chief Executive Officer 26,000 $217.36K
Elizabeth A. Murray CFO and COO and PAO 25,386 $212.23K
Matthew Freund President 20,000 $167.20K
BBDC Insider Trading FAQ
Who are the insiders at BBDC?
5 officers, directors and 10%+ beneficial owners currently report holdings in BBDC via SEC Form 4.
Are BBDC insiders buying or selling?
Across the 50 most recent Form 4 filings for BBDC, 44 were open-market purchases (code P) and 2 were sales (code S). Sales frequently reflect scheduled 10b5-1 plans or tax withholding rather than a view on the stock.
How current is BBDC insider data?
Form 4 must be filed within two business days of the transaction, so this is close to real time. The most recent BBDC filing is dated 2026-06-05.
How to read Form 4 activity

Form 4 reports a change in beneficial ownership by an officer, director or 10%+ holder, and must be filed within two business days of the transaction — so this is close to real time, unlike the 45-day-lagged 13F institutional data.

Transaction codes matter more than the raw buy/sell count. Code P is an open-market purchase — an insider choosing to buy with their own money, which is the signal most research treats as informative. Code S is a sale, but sales are frequently pre-scheduled under a 10b5-1 plan or cover tax withholding on vesting equity, so a run of sales often says nothing directional. Codes A and M are grants and option exercises rather than open-market decisions.

Full filing history and per-insider positions are on the BBDC quote page; the site-wide leaderboard is on the insider transactions hub.

Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.