As of March 23, 2026, the three largest insider holders of NCDL are Insurance Annuity Association Of America Teachers (TenPercentOwner, 6.81Mn shares), James Joseph Ritchie (Director, 78.19K shares), Kenneth J. Kencel (Ceo President, 58.12K shares).
| Holder | Position | Shares (Direct) | Shares (Indirect) | Report Date |
|---|---|---|---|---|
| Insurance Annuity Association Of America Teachers | 6,810,466 | 0 | 29 Jan, 2024 | |
| James Joseph Ritchie | 0 | 78,193 | 11 Mar, 2026 | |
| Stephen N Potter | 0 | 26,824 | 08 Jan, 2024 | |
| Shaul Vichness | Chief Financial Off./Treasurer | 0 | 25,000 | 12 Mar, 2026 |
| Michael A Perry | 0 | 18,778 | 08 Jan, 2024 | |
| Jason Strife | 0 | 15,737 | 06 Mar, 2026 | |
| Shaul Vichness | Chief Financial Off./Treasurer | 13,675 | 0 | 08 Jan, 2024 |
| Durant D. Schwimmer | 5,365 | 0 | 08 Jan, 2024 | |
| James Joseph Ritchie | 3,966 | 0 | 22 Jun, 2021 | |
| Marissa Short | Controller | 1,368 | 0 | 08 Jan, 2024 |
* Please note that the shares above only reflect shares from the fund portfolio and the institutional portfolio. Shares from the personal portfolio are excluded from this Institutional Ownership Page. See these insiders' latest transactions here on Insider Page.
| Transaction Date | Insider Name | Security Class | Transaction Type | Shares Traded | Price | Shares Remaining | Ownership | Code |
|---|---|---|---|---|---|---|---|---|
| 12 Mar, 2026 | Shaul Vichness | Common Stock | A | 5,000 | $13.13 | 25,000 | I | P |
| 10 Mar, 2026 | James Joseph Ritchie | Common Stock | A | 17,857 | $13.71 | 78,193 | I | P |
| 04 Mar, 2026 | Jason Strife | Common Stock | A | 7,690 | $13.40 | 15,737 | I | P |
| 17 Nov, 2025 | Shaul Vichness | Common Stock | A | 5,000 | $14.20 | 20,000 | I | P |
| 16 Sep, 2025 | Shaul Vichness | Common Stock | A | 5,000 | $14.85 | 15,000 | I | P |
| 16 Jun, 2025 | Shaul Vichness | Common Stock | A | 5,000 | $16.30 | 10,000 | I | P |
| 03 Dec, 2024 | Shaul Vichness | Common Stock | A | 5,000 | $17.27 | 5,000 | I | P |
| 29 Jan, 2024 | Insurance Annuity Association Of America Teachers | Common Stock | A | 1,662,050 | $18.05 | 6,810,466 | D | P |
| 05 Jan, 2024 | Insurance Annuity Association Of America Teachers | Common Stock | A | 870,267 | $18.05 | 5,148,416 | D | P |
| 05 Jan, 2024 | James Joseph Ritchie | Common Stock | A | 8,703 | $18.05 | 60,336 | I | P |
| 05 Jan, 2024 | Durant D. Schwimmer | Common Stock | A | 870 | $18.05 | 5,365 | D | P |
| 05 Jan, 2024 | Michael A Perry | Common Stock | A | 3,046 | $18.05 | 18,778 | I | P |
| 05 Jan, 2024 | Stephen N Potter | Common Stock | A | 4,351 | $18.05 | 26,824 | I | P |
| 05 Jan, 2024 | Shaul Vichness | Common Stock | A | 2,176 | $18.05 | 13,675 | D | P |
| 05 Jan, 2024 | Jason Strife | Common Stock | A | 1,305 | $18.05 | 8,047 | I | P |
| 05 Jan, 2024 | Marissa Short | Common Stock | A | 218 | $18.05 | 1,368 | D | P |
| 03 Nov, 2023 | Stephen N Potter | Common Stock | A | 3,033 | $18.19 | 22,473 | I | P |
| 03 Nov, 2023 | Jason Strife | Common Stock | A | 910 | $18.19 | 6,742 | I | P |
| 03 Nov, 2023 | Durant D. Schwimmer | Common Stock | A | 607 | $18.19 | 4,495 | D | P |
| 03 Nov, 2023 | Michael A Perry | Common Stock | A | 2,123 | $18.19 | 15,732 | I | P |