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buyNotable cluster of 3

Michael C. Forman bought $651k of FSSL

See Remarks at FS Specialty Lending Fund. 48,370 shares at an average of $13.45, traded Nov 13, 2025, filed Nov 17, 2025.

Conviction score
68
Value
$651k
48,370 shares
Holdings after
48,370
change unknown
From 52-week low
0%
low $12.60, close $12.60
From 52-week high
0%
high $12.60, as of Nov 13, 2025

Score components

  • Role
    Officer
    +15
  • Trade size
    $651k at market
    +20
  • Relative to holdings
    First purchase: no shares before this trade
    +8
  • Price context
    0% above the 52-week low
    +10
  • Cluster
    3 insiders buying within 14 days
    +15
  • Repeat buying
    First buy in 90 days
    0
  • Track record
    Too few past buys to judge (0 with prices)
    0

What happened after comparable buys

Same side and tier, against the S&P 500, at 1, 3 and 6 months. Shown to Pro users; the whole table is on the backtest page.

This signal so far: 1m +0.7%, 3m -2.5%, 6m -10.2%.

Price around the trade, and since

From a quarter before the trade to today. The arrow is the trade, the circle the day the filing reached EDGAR, which is the first day anyone outside could act; the dotted line is the S&P 500 rebased to that day's close.

FSSLOct 12, 2026 · close 11.44
Since filing Nov 17, 2025: -6.2%SPY +18.1% · excess -24.4%

Daily candles, adjusted for splits and dividends. Green arrows are insider buys, red are sells, sized by value; the dashed line is the close on the filing day, the dotted line SPY rebased to it.Charts by TradingView Lightweight Charts™

Rows in this filing

Every transaction in Form 4 0001104659-25-113188, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
Nov 13, 2025POpen-market purchase
Common Stockindirect: IRA
+11,333$13.49$153k11,333Nov 17, 2025
Nov 14, 2025POpen-market purchase
Common Stockindirect: IRA
+37,037$13.44$498k48,370Nov 17, 2025

Related signals

Other insiders at FS Specialty Lending Fund and this insider’s other filings.

ScoreCompanyInsiderValueHoldingsFiled
48Moderate
FSSLbuy 4
FS Specialty Lending Fund
Pedro A Ramos
director
$12k
1,000 shares
-
65Notable
FSSLbuy 4
FS Specialty Lending Fund
Richard I Goldstein
director
$119k
10,000 shares
+100%
77Notable
FSSLbuy 4
FS Specialty Lending Fund
Michael C. Forman
See Remarks
$484k
40,884 shares
+53%
59Moderate
FSSLbuy 4
FS Specialty Lending Fund
William Blake Goebel
See Remarks
$25k
2,200 shares
+458%
40Moderate
FSSLbuy 4
FS Specialty Lending Fund
Michael C. Forman
See Remarks
$11k
956 shares
+1%
57Moderate
FSSLbuy 2
FS Specialty Lending Fund
Richard I Goldstein
director
$136k
10,000 shares
-
63Notable
FSSLbuy 3
FS Specialty Lending Fund
Michael C. Forman
See Remarks
$115k
8,588 shares
-
58Moderate
FSSLbuy 3
FS Specialty Lending Fund
Gregory P Chandler
director
$100k
7,460 shares
-
59Moderate
FSSLbuy 3
FS Specialty Lending Fund
Richard I Goldstein
director
$150k
11,075 shares
-
59Moderate
FSSLbuy 3
FS Specialty Lending Fund
Michael C. Forman
See Remarks
$133k
10,000 shares
+15%

Not investment advice. Scores and forward returns are decision support built from public SEC filings and past prices; they describe what happened after comparable filings, not what will happen after this one. Do your own research and size your risk.

Michael C. Forman bought $651k of FSSL | InsiderTell