As of September 29, 2026, Barings BDC's top three insider holders are Eric J Lloyd (Ceo, 73.57K shares), Michael Freno (Other, 71.14K shares), Stephen R Byers (Director, 64.57K shares).
| # | Insider | Position | Direct | Indirect | Total | Share of Insiders | Last Filed |
|---|---|---|---|---|---|---|---|
| 1 | Eric J Lloyd | Ceo | 73,569 | 0 | 73,569 | 20.3% | 20 May, 2025 |
| 2 | Michael Freno | Other | 71,145 | 0 | 71,145 | 19.7% | 10 May, 2024 |
| 3 | Stephen R Byers | Director | 64,572 | 0 | 64,572 | 17.8% | 10 Dec, 2025 |
| 4 | Geoff Craddock | Other | 30,000 | 0 | 30,000 | 8.3% | 10 Apr, 2023 |
| 5 | Thomas Mcdonnell | Chief Executive Officer | 26,000 | 0 | 26,000 | 7.2% | 05 Jun, 2026 |
| 6 | Elizabeth A. Murray | Cfo And Coo And Pao | 25,387 | 0 | 25,387 | 7.0% | 09 Jun, 2025 |
| 7 | Thomas Okel | Director | 20,037 | 0 | 20,037 | 5.5% | 10 Mar, 2023 |
| 8 | David Mihalick | Director | 20,000 | 0 | 20,000 | 5.5% | 02 Dec, 2021 |
| 9 | Matthew Freund | President | 20,000 | 0 | 20,000 | 5.5% | 22 May, 2025 |
| 10 | Jeffrey Chillag | Director Of Finance | 7,874 | 0 | 7,874 | 2.2% | 08 May, 2023 |
| 11 | Albert Perley | Treasurer | 2,000 | 0 | 2,000 | 0.6% | 10 May, 2023 |
| 12 | Sears Merritt | Other | 1,358 | 0 | 1,358 | 0.4% | 11 May, 2023 |
Each row is that insider’s most recently reported position, from Form 4 filings over the last 60 months — which is why this total does not tie to the quarterly series above, where a quarter counts only the insiders who filed in it. Shares held through a fund or institutional portfolio are counted on the institutional ownership page instead.
| Date | Insider | Position | Transaction | Shares | Price | Value | Shares Held After | Ownership |
|---|---|---|---|---|---|---|---|---|
| 03 Jun, 2026 | Thomas Mcdonnell | Chief Executive Officer | Acquired P | 10,000 | $8.27 | $82.70K | 26,000 | Direct |
| 09 Dec, 2025 | Stephen R Byers | Director | Acquired P | 6,761 | $8.97 | $60.64K | 70,243 | Direct |
| 09 Dec, 2025 | Stephen R Byers | Director | Disposed S | 5,671 | $8.98 | $50.93K | 64,572 | Direct |
| 06 Jun, 2025 | Elizabeth A. Murray | Cfo And Coo And Pao | Acquired P | 3,400 | $8.84 | $30.06K | 25,387 | Direct |
| 06 Jun, 2025 | Stephen R Byers | Director | Acquired P | 8,700 | $8.89 | $77.34K | 59,734 | Direct |
| 19 May, 2025 | Matthew Freund | President | Acquired P | 3,520 | $9.07 | $31.93K | 20,000 | Direct |
| 19 May, 2025 | Matthew Freund | President | Acquired P | 3,500 | $9.07 | $31.75K | 19,980 | Direct |
| 19 May, 2025 | Eric J Lloyd | Ceo | Acquired P | 27,275 | $9.13 | $248.99K | 66,469 | Direct |
| 19 May, 2025 | Matthew Freund | President | Acquired P | 22 | $9.07 | $200 | 20,002 | Direct |
| 19 May, 2025 | Eric J Lloyd | Ceo | Acquired P | 7,100 | $9.09 | $64.53K | 73,569 | Direct |
| 19 May, 2025 | Matthew Freund | President | Disposed S | 1 | $9.06 | $8 | 20,001 | Direct |
| 19 May, 2025 | Matthew Freund | President | Disposed S | 1 | $9.06 | $9 | 20,000 | Direct |
| 12 Dec, 2024 | Michael James O'Connor | Other | Disposed S | 29,424 | $9.70 | $285.41K | 0 | Direct |
| 11 Dec, 2024 | Stephen R Byers | Director | Acquired P | 1,063 | $9.89 | $10.51K | 41,516 | Direct |
| 13 Dec, 2024 | Stephen R Byers | Director | Acquired P | 8,485 | $9.73 | $82.56K | 50,001 | Direct |
| 11 Dec, 2024 | Matthew Freund | President | Acquired P | 1,500 | $9.72 | $14.58K | 14,971 | Direct |
| 11 Dec, 2024 | Elizabeth A. Murray | Cfo And Coo And Pao | Acquired P | 2,000 | $9.70 | $19.40K | 20,805 | Direct |
| 11 Dec, 2024 | Matthew Freund | President | Acquired P | 1,000 | $9.72 | $9.72K | 15,971 | Direct |
| 08 Nov, 2024 | Stephen R Byers | Director | Acquired P | 1,350 | $9.63 | $13.00K | 26,888 | Direct |
| 15 Nov, 2024 | Stephen R Byers | Director | Acquired P | 13,565 | $9.95 | $134.97K | 40,453 | Direct |