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Insider Buy CEO Buy New Position September 12, 2025

Bantwal Vivek purchased ~$250K in Goldman Sachs BDC, Inc. stock

Goldman Sachs BDC, Inc. (GSBD)  ·  Co-Chief Executive Officer  ·  Data via SEC EDGAR Form 4

Verity Signals Research Published Updated

= insider buy date

90-day return

-8.3%

vs SPY +5.1%

GSBD price after insider trade by Bantwal Vivek

Insider

Bantwal Vivek

Role

Co-Chief Executive Officer

Transaction

Open-Market Purchase

Approx. Value

~$250K

Trade Date

Sep 12, 2025

Company

Goldman Sachs BDC, Inc.

Ticker

GSBD

Source

SEC EDGAR Form 4

Strong conviction signal

Scored above average across multiple factors. Roughly 15% of insider trades qualify as Strong.

~$250K purchase

A meaningful investment of personal capital. The average insider purchase is around $150K, putting this in the typical range for serious positions.

Co-Chief Executive Officer

CEOs have the deepest knowledge of company operations. Academic research shows CEO purchases outperform other insider trades by a wide margin.

-8.3% in 90 days (S&P 500: +5.1%)

This trade underperformed the S&P 500 by 13.4 percentage points. Not every insider trade wins. We track all of them so you can focus on the insiders with the best records.

BV

How good is Bantwal Vivek at picking stocks?

Full track record: win rate, average return, and performance vs S&P 500

See track record

On September 12, 2025, Bantwal Vivek — Co-Chief Executive Officer of Goldman Sachs BDC, Inc. — filed a Form 4 with the SEC disclosing an open-market purchase of approximately ~$250K in Goldman Sachs BDC, Inc. (GSBD) stock.

Under Section 16(a) of the Securities Exchange Act of 1934, corporate insiders must report all open-market stock transactions to the SEC within two business days. These filings — known as Form 4s — are publicly available on the SEC's EDGAR database. VeritySignals filters and scores the full Form 4 stream to surface high-conviction signals like this one.

In the 90 days following this trade, GSBD returned -8.3% versus +5.1% for the S&P 500 over the same period.

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All data sourced from publicly available SEC Form 4 filings via EDGAR · Not financial advice · Past performance does not guarantee future results.

Signal strength Strong
Trade size ~$250K
Insider role Co-Chief Executive Officer
90-day return -8.3%
vs S&P 500 -13.4%

What is this?

When company executives buy or sell their own stock, they must report it to the SEC within 2 days. These public filings reveal what the people who know the company best are doing with their own money.

Why does it matter?

Insiders can sell for many reasons (taxes, diversification, expenses), but they generally only buy for one: they think the stock is going up. That's why insider purchases are more predictive than sales.

What makes a trade "strong"?

We score trades on 15+ factors: the insider's role (CEO > director), trade size relative to their salary, whether other insiders also bought (clusters), and historical accuracy of the insider.

Read our full methodology →

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