Nuveen Churchill Direct Lending NCDL Insider Ownership

NYSE NCDL

$10.56 +0.17 (+1.64%)

As of: Oct 22, 2026 · 1:18 PM EDT

Insider Holdings by Owner

7.27Mn Shares

Insider Ownership Statistics

as of 30 Sep, 2026

Insider Ownership

0.745%

▲+0.013% pp QoQ

Shares Held by Insiders

367.91K

filed for Sep 2026

▲+1.76% QoQ

Shares Outstanding

49.39Mn

49,387,065 shares

Direct Holdings

75.75K

Indirect: 292.17K

Net Shares Traded (QoQ)

+6.37K

net buying in Sep 2026

Insiders Holding Shares

with Form 4 holdings on file

Shares Owned by Insiders

Shares held % of outstanding

Latest —

Average ownership —

Peak ownership —

Shares Purchased/Sold by Insiders

Bought Sold

Latest quarter —

Net over range —

Buying quarters —

Insider Ownership Summary

Updated Oct 5, 2026

Over the past year, NCDL insiders bought $1.3 million of stock (95.83K shares) on the open market and sold none.

Counted by insider, open-market buying of NCDL stock in the past 12 months came from 8 insiders, with no insider selling.
Among NCDL's insiders, Kenneth J. Kencel (CEO & President) was the top open-market buyer in the past 12 months, with $414,784 of stock purchased (30K shares) and the latest purchase on March 3, 2026.
The latest open-market trade in NCDL stock by an insider was a purchase of 5K shares for $61,250 by Shaul Vichness (Chief Financial Officer/Treasurer) on September 14, 2026.
Per Business Quant data, Nuveen Churchill Direct Lending insiders hold 367.91K shares in total based on their latest Form 4 filings, up 1.76% from 361.54K shares at the end of Q2 2026.
Of the 367.91K shares held by Nuveen Churchill Direct Lending insiders, 75.75K shares (20.59%) are held directly and 292.17K shares (79.41%) indirectly, through trusts, partnerships, family members and other entities.
Holdings in Nuveen Churchill Direct Lending stock are reported by 8 insiders, the officers, directors and 10% owners who have filed a Form 4 in the past two years.
NCDL's largest insider holders by reported holdings are Kenneth J. Kencel (CEO & President, 123.06K shares), James Joseph Ritchie (Director, 82.16K shares) and Kenneth M. Miranda (Director, 55K shares).
The holding of Kenneth J. Kencel makes up 33.45% of all shares held by Nuveen Churchill Direct Lending insiders.
Institutions accounted for 31.81% of NCDL's outstanding shares in Q2 2026, insiders about 0.74% per their latest Form 4 filings, and other investors, including the public, about 67.45%.
A total of 15 Form 4 filings with transactions in Nuveen Churchill Direct Lending stock were made over the past 12 months, by 8 insiders.
These insider figures for Nuveen Churchill Direct Lending are based on Form 4 filings through September 15, 2026.

Form 4 Holdings

Insiders Holding NCDL

Insiders 15

Shares held 7.27Mn

Of outstanding 14.73%

#	Insider	Position	Direct	Indirect	Total	Share of Insiders	Last Filed
1	Insurance Annuity Association Of America Teachers	TenPercentOwner	6,810,466	0	6,810,466	93.6%	29 Jan, 2024
2	Kenneth J. Kencel	Ceo President	0	96,234	96,234	1.3%	05 Mar, 2026
3	David M Kirchheimer	Director	0	94,063	94,063	1.3%	08 Jan, 2024
4	James Joseph Ritchie	Director	0	78,193	78,193	1.1%	11 Mar, 2026
5	Shaul Vichness	Chief Financial Off./Treasurer	14,492	36,647	51,139	0.7%	15 Sep, 2026
6	Kenneth M. Miranda	Director	0	30,000	30,000	0.4%	05 Mar, 2026
7	Stephen N Potter	Director	0	26,824	26,824	0.4%	08 Jan, 2024
8	Michael A Perry	Director	0	18,778	18,778	0.3%	08 Jan, 2024
9	Jason Strife	Other	0	15,737	15,737	0.2%	06 Mar, 2026
10	John Mccally	Vice President Secretary	15,245	0	15,245	0.2%	24 Jun, 2026
11	Reena Aggarwal	Director	0	10,729	10,729	0.1%	08 Jan, 2024
12	Mat Linett	Other	10,365	0	10,365	0.1%	06 Mar, 2026
13	Marissa Hassen	Chief Accounting Officer	9,780	0	9,780	0.1%	13 May, 2026
14	Durant D. Schwimmer	Other	5,365	0	5,365	0.1%	08 Jan, 2024
15	Thomas Grenville	Cco	389	0	389	0.0%	21 Jan, 2022

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.

Form 4 Filings

131 Insider Transactions

Source SEC Form 4

Latest quarter Sep 2026

Date	Insider	Position	Transaction	Shares	Price	Value	Shares Held After	Ownership
27 Jul, 2026	Shaul Vichness	Chief Financial Off./Treasurer	Acquired J	431	$0.00	$0	14,492	Direct
14 Sep, 2026	Shaul Vichness	Chief Financial Off./Treasurer	Acquired P	5,000	$12.25	$61.25K	36,647	Indirect
15 May, 2026	John Mccally	Vice President Secretary	Acquired P	7,500	$13.27	$99.53K	15,245	Direct
27 Apr, 2026	Shaul Vichness	Chief Financial Off./Treasurer	Acquired J	386	$14.18	$5.47K	14,061	Direct
14 May, 2026	Shaul Vichness	Chief Financial Off./Treasurer	Acquired P	5,000	$13.20	$66.00K	30,705	Indirect
12 May, 2026	Marissa Hassen	Chief Accounting Officer	Acquired P	3,782	$13.21	$49.96K	9,780	Direct
12 Mar, 2026	Shaul Vichness	Chief Financial Off./Treasurer	Acquired P	5,000	$13.13	$65.65K	25,000	Indirect
10 Mar, 2026	James Joseph Ritchie	Director	Acquired P	17,857	$13.71	$244.82K	78,193	Indirect
04 Mar, 2026	Jason Strife	Other	Acquired P	7,690	$13.40	$103.05K	15,737	Indirect
06 Mar, 2026	Mat Linett	Other	Acquired P	2,000	$13.05	$26.10K	10,365	Direct
05 Mar, 2026	John Mccally	Vice President Secretary	Acquired P	2,000	$13.30	$26.60K	7,430	Direct
03 Mar, 2026	Kenneth J. Kencel	Ceo President	Acquired P	10,000	$13.04	$130.38K	58,117	Indirect
03 Mar, 2026	Kenneth J. Kencel	Ceo President	Acquired P	10,000	$13.04	$130.38K	38,117	Indirect
03 Mar, 2026	Kenneth M. Miranda	Director	Acquired P	3,000	$12.83	$38.49K	30,000	Indirect
19 Nov, 2025	Kenneth M. Miranda	Director	Acquired P	2,000	$14.10	$28.20K	27,000	Indirect
17 Nov, 2025	Shaul Vichness	Chief Financial Off./Treasurer	Acquired P	5,000	$14.20	$71.00K	20,000	Indirect
06 Nov, 2025	Kenneth J. Kencel	Ceo President	Acquired P	20,000	$14.22	$284.40K	48,117	Indirect
16 Sep, 2025	Shaul Vichness	Chief Financial Off./Treasurer	Acquired P	5,000	$14.85	$74.25K	15,000	Indirect
16 Jun, 2025	Shaul Vichness	Chief Financial Off./Treasurer	Acquired P	5,000	$16.30	$81.50K	10,000	Indirect
06 Jun, 2025	Marissa Hassen	Chief Accounting Officer	Acquired P	4,630	$16.18	$74.91K	5,998	Direct

Showing 1 to 20 of 131 transactions