Christian L. Oberbeck

Christian L. Oberbeck (chief executive) discloses dealings in Saratoga Investment Corp. to SEC (Form 4). Between 14 March 2016 and 9 October 2026, the trades on record add up to 73 filings.

Market trades split into 18 purchases (€1.7M) and 3 sales (€824k). The net balance comes to €912k on the buying side. Unlike grants, an open-market purchase is paid for by the insider, at the market price. Since January 2026: 2 purchases and no sales on the market.

Half of the purchases are above €46k and half below. Clusters matter here: 5 out of 16 purchases overlapped with buying by a colleague within 30 days. Purchases made close together by different insiders form what is called a cluster. After 14 purchases with a full 90-day history, the hit rate stands at 100% and the median 90-day move at +13.7%. These figures describe past trades and do not predict future prices.

On 13 October 2026 came the latest disclosure, an open-market purchase for €198k in Saratoga Investment Corp. Between a trade and the moment it shows up on SEC (Form 4), the median delay is 2 days. Section 16 rules allow two business days to file each Form 4. These figures are compiled from regulatory filings published by SEC (Form 4). They describe what insiders did and are not a recommendation.