Pennantpark Investment CORP: insider trades · United States · SEC (Form 4)

About Pennantpark Investment CORP

PennantPark Investment Corp. is a U.S.-listed investment company focused on private credit and middle-market lending. It trades on the NYSE under the ticker PNNT, placing it in the Business Development Company (BDC) universe that is closely followed by income-oriented investors. The platform is managed by PennantPark Investment Advisers, LLC, whose franchise dates back to 2007 and has been built around providing flexible financing solutions to private equity-backed companies and other middle-market borrowers. The company is headquartered in Miami, Florida, and its advisory platform also maintains offices in New York, Chicago, Houston, Los Angeles, Amsterdam, and Zurich, underscoring a broad sourcing and coverage footprint across the United States with selective international reach. PennantPark’s business model is centered on originating and holding private debt investments. Its portfolio typically includes first-lien secured debt, second-lien secured debt, subordinated debt, and other structured credit instruments. The company may also hold equity interests and hybrid securities, which can enhance return potential on selected transactions. Its competitive position comes from offering customized, flexible capital solutions that can be executed more quickly and with more structural adaptability than many public market financing alternatives. That makes the platform relevant to sponsors and portfolio companies seeking financing for acquisitions, growth, recapitalizations, or more complex capital structures. For investors, the appeal lies in exposure to U.S. private credit through a listed vehicle designed to generate recurring income. Geographically, PennantPark’s activity is still primarily U.S.-centric, although the presence of European offices suggests a wider network for origination, deal sourcing, and relationship management. The company also operates alongside affiliated vehicles, including PennantPark Senior Loan Fund, which expands its ability to allocate capital across senior lending opportunities and manage portfolio turnover. Recent disclosures indicate an active portfolio repositioning effort, with management emphasizing a shift toward more senior, defensively positioned loans. On February 9, 2026, PennantPark announced first-quarter fiscal 2026 results for the period ended December 31, 2025 and updated its dividend strategy, keeping the total monthly dividend at $0.08 per share while splitting it into a $0.04 base dividend and a $0.04 supplemental dividend. The company also reported the issuance of $75 million of 7.0% senior unsecured notes due 2029 in January 2026, highlighting ongoing liability management and liquidity actions. Overall, PennantPark Investment Corp. remains a specialized public-market private credit platform for investors seeking yield exposure to U.S. middle-market lending.