NCDLNuveen Churchill Direct Lending Corp.Financial Services · Asset Managementas of 2026-09-16
Horizon

Issued 2026-09-16 at $12.15 · now $12.28 (2026-09-17, +1.1% since)

Based on its own history, a month from the 2026-09-16 close, NCDL has typically landed between $11.11 and $13.07 — a range of −8.6% to +7.6% from the issuance price $12.15.

Range of outcomes in historically similar periods — not a price prediction. Ranges are scored publicly on /methodology.
  • Actual close
  • Typical path (median)
  • Middle 50% of outcomes
  • 90% range

642 overlapping 1 month windows · 2024-01-252026-08-17 · basis climatology · forecast (batch). Probability up 53.9% (90% CI 51.756.1%, ≈1,408 obs).

The cone is anchored at the 2026-09-16 issuance close ($12.15) — the price the forecast resolves against on 2026-10-15, not the latest close. The drawn path shape is illustrative (bands widen with √t); every labeled number is real — the anchor, the scored batch p90/IQR endpoints, and the typical move.

Where NCDL has typically landed a month from the 2026-09-16 close of $12.15 — the range is history, not a prediction.

$11.11worst · -8.6%$13.07best · +7.6%
  • now $12.28 (+1.1%)
  • typicalThe typical outcome — half of similar past periods did better and half did worse (not an average, so a few wild periods don't skew it). $12.17 (+0.2%)
  • middle 50%The central range of outcomes — half of similar past periods landed inside it, a quarter finished above, a quarter below. $11.81$12.54
  • 90% rangeA nine-in-ten range — in about nine of every ten similar past periods the outcome stayed within these bounds. $11.11$13.07
Actual 1-month windows behind the coneiEvery overlapping 1-month window in this security's own price history was ranked by realized return; shown are the 3 worst and 3 best of 643 windows spanning 2024-01-25 to 2026-09-17. Not cherry-picked — these are the extremes of the full sample. Max drop / max rise are the deepest and highest points reached within each window. See /methodology.
StartReturnMax dropMax rise
3 worst
2025-03-14−12.7%−13.3%+1.0%
2025-03-10−12.6%−12.6%+1.5%
2025-03-13−12.5%−12.5%+2.0%
3 best
2026-04-01+16.8%+0.0%+16.8%
2026-03-27+16.6%+0.0%+18.3%
2026-03-31+15.0%−0.2%+15.0%

643 overlapping windows · 2024-01-252026-09-17 · not cherry-picked

Seasonality · by month iHow this security has tended to do in each calendar month historically — a frequency, never a prediction.

iFor each calendar month, the share of years this security closed higher than the month before, and the average month-over-month return, over ~3 years of its own price history. Cells are shaded by average return. This is historical frequency, not a prediction — no month is a signal.
Jan
100%
+2.0%
n=2
Feb
33%
−2.5%
n=3
Mar
67%
+3.8%
n=3
Apr
33%
+1.3%
n=3
May
67%
−1.6%
n=3
Jun
67%
+0.4%
n=3
Jul
33%
−0.8%
n=3
Aug
67%
+1.6%
n=3
Sep
33%
−4.1%
n=3
Oct
50%
+0.6%
n=2
Nov
100%
+3.1%
n=2
Dec
0%
−3.7%
n=2

Up-frequency and average month-over-month return · historical frequency, not a prediction

Reported insider & political trades

Every Form 4 the people closest to this company have filed with the SEC — plotted against the share price, aggregated by month, and shown with the gap between when each trade happened and when it was disclosed. A public record, not advice.

Share price & reported tradesMonthly open-market valueReporting lag — trade date to filing date2026-092026-082026-072026-062026-052026-042026-032026-022026-012025-122025-112025-102025-092025-08$14$122026-09-14: 1 insider purchase, $61K — Vichness Shaul2026-05-15: 1 insider purchase, $100K — McCally John2026-05-14: 1 insider purchase, $66K — Vichness Shaul2026-05-12: 1 insider purchase, $50K — Hassen Marissa2026-03-12: 1 insider purchase, $66K — Vichness Shaul2026-03-10: 1 insider purchase, $245K — RITCHIE JAMES JOSEPH2026-03-06: 1 insider purchase, $26K — Linett Mat2026-03-05: 1 insider purchase, $27K — McCally John2026-03-04: 1 insider purchase, $103K — Strife Jason2026-03-03: 3 insider purchases, $299K — Kencel Kenneth J., Miranda Kenneth M. …2025-11-19: 1 insider purchase, $28K — Miranda Kenneth M.2025-11-17: 1 insider purchase, $71K — Vichness Shaul2025-11-06: 1 insider purchase, $284K — Kencel Kenneth J.2025-09-16: 1 insider purchase, $74K — Vichness Shaul2025-09: 1 open-market purchase, $74K2025-11: 3 open-market purchases, $384K2026-03: 8 open-market purchases, $765K2026-05: 3 open-market purchases, $215K2026-09: 1 open-market purchase, $61K↑ buys↓ salesofficer Vichness Shaul — Purchase on 2026-09-14, filed 1 day after the tradeofficer McCally John — Purchase on 2026-05-15, filed 40 days after the tradeofficer Vichness Shaul — Purchase on 2026-05-14, filed 1 day after the tradeofficer Hassen Marissa — Purchase on 2026-05-12, filed 1 day after the tradeofficer Vichness Shaul — Purchase on 2026-03-12, filed same daydirector RITCHIE JAMES JOSEPH — Purchase on 2026-03-10, filed 1 day after the tradeother Linett Mat — Purchase on 2026-03-06, filed same dayofficer McCally John — Purchase on 2026-03-05, filed 1 day after the tradeother Strife Jason — Purchase on 2026-03-04, filed 2 days after the tradedirector Kencel Kenneth J. — Purchase on 2026-03-03, filed 2 days after the tradedirector Kencel Kenneth J. — Purchase on 2026-03-03, filed 2 days after the tradedirector Miranda Kenneth M. — Purchase on 2026-03-03, filed 2 days after the tradedirector Miranda Kenneth M. — Purchase on 2025-11-19, filed 2 days after the tradeofficer Vichness Shaul — Purchase on 2025-11-17, filed same daydirector Kencel Kenneth J. — Purchase on 2025-11-06, filed 1 day after the tradeofficer Vichness Shaul — Purchase on 2025-09-16, filed same day
DatePersonRoleActionShares @ priceValueOwnership Δvs S&P 1mvs S&P 6mOwned afterFiling
2026-09-14Vichness ShaulofficerPurchase5,000 @ $12.25$61K+15.8% of holdingnot yet — horizon still opennot yet — horizon still open36,647Form 4 · filed 1 day after the trade
2026-05-15McCally JohnofficerPurchase7,500 @ $13.27$100K+96.8% of holding−6.9%not yet — horizon still open15,245Form 4 · filed 40 days after the trade
2026-05-14Vichness ShaulofficerPurchase5,000 @ $13.20$66K+19.5% of holding−7.1%not yet — horizon still open30,705Form 4 · filed 1 day after the trade
2026-05-12Hassen MarissaofficerPurchase3,782 @ $13.21$50K+63.1% of holding−4.5%not yet — horizon still open9,780Form 4 · filed 1 day after the trade
2026-03-12Vichness ShaulofficerPurchase5,000 @ $13.13$66K+25.0% of holding+4.4%−17.0%25,000Form 4 · filed same day
2026-03-10RITCHIE JAMES JOSEPHdirectorPurchase17,857 @ $13.71$245K+29.6% of holding+3.1%−16.1%78,193Form 4 · filed 1 day after the trade
2026-03-06Linett MatotherPurchase2,000 @ $13.05$26K+23.9% of holding+4.6%−14.3%10,365Form 4 · filed same day
2026-03-05McCally JohnofficerPurchase2,000 @ $13.30$27K+36.8% of holding+5.4%−13.6%7,430Form 4 · filed 1 day after the trade
2026-03-04Strife JasonotherPurchase7,690 @ $13.40$103K+95.6% of holding+5.5%−11.8%15,737Form 4 · filed 2 days after the trade
2026-03-03Kencel Kenneth J.directorPurchase10,000 @ $13.04$130K+35.6% of holding+4.2%−9.9%38,117Form 4 · filed 2 days after the trade
2026-03-03Kencel Kenneth J.directorPurchase10,000 @ $13.04$130K+20.8% of holding+4.2%−9.9%58,117Form 4 · filed 2 days after the trade
2026-03-03Miranda Kenneth M.directorPurchase3,000 @ $12.83$38K+11.1% of holding+4.2%−9.9%30,000Form 4 · filed 2 days after the trade
2025-11-19Miranda Kenneth M.directorPurchase2,000 @ $14.10$28K+8.0% of holding−3.2%−15.7%27,000Form 4 · filed 2 days after the trade
2025-11-17Vichness ShaulofficerPurchase5,000 @ $14.20$71K+33.3% of holding+1.2%−14.2%20,000Form 4 · filed same day
2025-11-06Kencel Kenneth J.directorPurchase20,000 @ $14.22$284K+71.1% of holding+2.4%−10.7%48,117Form 4 · filed 1 day after the trade
2025-09-16Vichness ShaulofficerPurchase5,000 @ $14.85$74K+50.0% of holding−4.3%−4.7%15,000Form 4 · filed same day
2025-06-16Vichness ShaulofficerPurchase5,000 @ $16.30$82K+100.0% of holding+3.5%−18.7%10,000Form 4 · filed same day
2025-06-06Hassen MarissaofficerPurchase4,630 @ $16.18$75K+338.5% of holding+2.6%−17.6%5,998Form 4 · filed same day
2025-05-23Miranda Kenneth M.directorPurchase3,103 @ $15.68$49Kownership Δ n/a−1.0%−17.7%3,103Form 4 · filed 4 days after the trade
2025-05-21Linett MatotherPurchase3,000 @ $15.92$48K+55.9% of holding−0.5%−19.2%8,365Form 4 · filed 15 days after the trade
2025-05-12Kencel Kenneth J.directorPurchase8,117 @ $15.34$124K+40.6% of holding+2.9%−18.5%28,117Form 4 · filed 1 day after the trade
2024-12-03Vichness ShaulofficerPurchase5,000 @ $17.27$86Kownership Δ n/a+2.0%−0.7%5,000Form 4 · filed same day
2024-12-02Kencel Kenneth J.directorPurchase10,000 @ $17.37$174K+100.0% of holding+1.7%−0.8%20,000Form 4 · filed 1 day after the trade
2024-11-27Kencel Kenneth J.directorPurchase10,000 @ $17.35$174Kownership Δ n/a−0.5%−1.7%10,000Form 4 · filed 5 days after the trade

The vs-S&P columns are a labeled look-back on what the stock did after each filing, measured against the index over the same window. Descriptive history, not a claim about the person or a reason to trade.

2 award / exercise / gift records — not counted as purchases

Awards, option exercises, gifts and tax-withholding disposals are shown separately and never counted as open-market purchases or sales — they carry no conviction information.

DatePersonRoleActionSharesOwned afterFiling
2026-07-27Vichness ShaulofficerOther acquisition43114,492Form 4
2026-04-27Vichness ShaulofficerOther acquisition38614,061Form 4

Source: SEC Form 4 filings. Each row links to its original filing.

Across 2012–2021, stocks where a CEO, C-suite officer, or director had recently made an open-market common-stock purchase ran about +28 bp per month above the universe average (n=34,268 stock-weeks). A historical tendency, not a prediction.

Congressional disclosures

No congressional trades disclosed for this company.

Research tool, not investment advice — historical frequencies, not recommendations. A product of Marovel Technologies LLC. Full terms.