Vehicle file · Non-traded BDC

Golub Capital BDC 4, Inc.

What its SEC filings show.

SEC CIK 1901612·Inc. MD·Fiscal year end 09/30·Data as filed · pulled Sep 21, 2026

What this file is.Not a review. Every figure below is the issuer's own number as tagged in its filings to the SEC, unadjusted, with a link to the filing it came from. When a new filing lands, the table updates; when a filing changes something for the people who hold this vehicle, we write it up and link it under Our reads.

Golub Capital BDC 4, Inc. is a non-traded BDC registered with the SEC under CIK 1901612 (incorporated in MD). Its most recent filing is an 8-K (current report) dated Sep 16, 2026. As of Jun 30, 2026 it reported total assets of $2.76B (up 24.5% from $2.22B a year earlier) and stockholders' equity of $1.23B. Net income (loss) for the nine months to Jun 30, 2026 was $56.9M. In the nine months to Jun 30, 2026 it raised $147.7M from new shares, paid $48.2M in distributions. Reported NAV per share: $15.00 as of Jun 30, 2026.

Key figures, as filed.

Balance sheet

Figure	Latest	Period	A year earlier	Change	Source
Total assets	$2.76B	as of Jun 30, 2026	$2.22B	+24.5%	10-Q · Aug 6, 2026
Investments at fair value	$2.67B	as of Jun 30, 2026	$1.90B	+40.7%	10-Q · Aug 6, 2026
Cash and equivalents	$14.3M	as of Sep 30, 2025	$8.2M	+74.8%	10-K/A · Jul 2, 2026
Total liabilities	$1.53B	as of Jun 30, 2026	$1.22B	+25.4%	10-Q · Aug 6, 2026
Long-term debt	$1.49B	as of Jun 30, 2026	$1.19B	+25.7%	10-Q · Aug 6, 2026
Debt (carrying amount)	$1.50B	as of Jun 30, 2026	$1.20B	+25.2%	10-Q · Aug 6, 2026
Stockholders' equity	$1.23B	as of Jun 30, 2026	$996.0M	+23.3%	10-Q · Aug 6, 2026
NAV per share	$15.00	as of Jun 30, 2026	$15.00	+0.0%	10-Q · Aug 6, 2026
Shares outstanding	81.9M shares	as of Jun 30, 2026	66.4M shares	+23.3%	10-Q · Aug 6, 2026
Shares outstanding (cover page)	81.9M shares	as of Aug 6, 2026	66.4M shares	+23.3%	10-Q · Aug 6, 2026

Results and cash flow

Figure	Latest	Period	A year earlier	Change	Source
Net income (loss)	$56.9M	nine months to Jun 30, 2026	$66.2M	−14.0%	10-Q · Aug 6, 2026
Cash from operations	−$405.5M	nine months to Jun 30, 2026	−$503.1M	+19.4%	10-Q · Aug 6, 2026
Interest expense	$24.7M	nine months to Jun 30, 2024	$4.5M	+445.5%	10-Q · Aug 7, 2024
Management fees	$25.4M	nine months to Jun 30, 2026	$16.5M	+54.0%	10-Q · Aug 6, 2026

Capital raised, distributions and repurchases

Figure	Latest	Period	A year earlier	Change	Source
Capital raised (common stock issued)	$147.7M	nine months to Jun 30, 2026	$332.7M	−55.6%	10-Q · Aug 6, 2026
Distributions paid to common	$48.2M	nine months to Jun 30, 2026	$52.0M	−7.2%	10-Q · Aug 6, 2026

Flows (revenues, income, cash, distributions, repurchases) are shown for the period the issuer reported them in, which may be a quarter, a year-to-date span or a full year; “a year earlier” compares only periods of the same length. A vehicle that does not tag a figure in XBRL will not show it here even if the PDF discloses it.

If you have real money in this, do not decide it alone.

We can tell you what the filings say. What we cannot tell you is what it means for your particular position, your tax situation and the rest of your portfolio, and anyone who does that from a web page without knowing your circumstances is guessing. With money in a non-traded BDC whose repurchases are capped each quarter, that is the part that actually matters.

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Filing timeline.

The last 25 documents this issuer filed with the SEC. Marked rows are the ones that tend to matter to holders.

Sep 16, 20268-K · Current reportItems 3.02EDGAR ↗
Sep 10, 202640-17G · FilingEDGAR ↗
Aug 6, 202610-Q · Quarterly reportEDGAR ↗
Aug 6, 20268-K · Current reportItems 2.02,9.01EDGAR ↗
Jul 2, 202610-K/A · Annual report (amendment)EDGAR ↗
May 7, 202610-Q · Quarterly reportEDGAR ↗
May 7, 20268-K · Current reportItems 2.02,9.01EDGAR ↗
Apr 7, 2026SCHEDULE 13G/A · FilingEDGAR ↗
Mar 17, 20268-K · Current reportItems 3.02EDGAR ↗
Feb 6, 20263 · Insider holdingsEDGAR ↗
Feb 6, 20268-K · Current reportItems 5.02EDGAR ↗
Feb 6, 202610-Q · Quarterly reportEDGAR ↗
Feb 6, 20268-K · Current reportItems 2.02,9.01EDGAR ↗
Feb 5, 20268-K · Current reportItems 5.07EDGAR ↗
Jan 7, 2026SCHEDULE 13G/A · FilingEDGAR ↗
Jan 2, 2026D/A · FilingItems 06bEDGAR ↗
Dec 12, 2025DEFA14A · Proxy materialEDGAR ↗
Dec 12, 2025DEF 14A · Proxy statementEDGAR ↗
Dec 10, 20258-K · Current reportItems 3.02EDGAR ↗
Dec 3, 20258-K · Current reportItems 1.01,2.03EDGAR ↗
Nov 21, 20258-K · Current reportItems 2.02,9.01EDGAR ↗
Nov 21, 202510-K · Annual reportEDGAR ↗
Oct 17, 2025SCHEDULE 13G · FilingEDGAR ↗
Oct 15, 2025D/A · FilingItems 06bEDGAR ↗
Sep 12, 20258-K · Current reportItems 3.02EDGAR ↗

Our reads on Golub Capital BDC 4, Inc..

No forensic read of this vehicle yet. When a filing changes something for holders — a tender offer, a repurchase cap, a NAV reset, a distribution cut — the read goes here.

Source: SEC EDGAR, XBRL company facts and filing index for CIK 1901612, retrieved Sep 21, 2026. Figures are reproduced as tagged by the issuer; errors in the source carry through, which is why every row links to the filing. Nothing here is investment advice.

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Golub Capital BDC 4, Inc.

Key figures, as filed.

Filing timeline.

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