v3.26.1
Stockholders' Equity
 12 Months Ended
Sep. 30, 2025
Equity [Abstract]  
Stockholders' Equity
Note 3. Stockholders’ Equity
GBDC 4 is authorized to issue 1,000,000 shares of preferred stock at a par value of $0.001 per share and 200,000,000 shares of common stock at a par value of $0.001 per share. Since the commencement of operations on April 1, 2022, GBDC 4 has entered into Subscription Agreements with several investors, including with affiliates of the Investment Adviser, providing for the private placement of GBDC 4’s common stock. Under the terms of the Subscription Agreements, investors are required to fund drawdowns to purchase GBDC 4’s common stock at a price per share equal to the most recent NAV per share as determined by the Board (subject to adjustment to the extent required by Section 23 of the 1940 Act) up to the amount of their respective capital subscriptions on an as-needed basis as determined by GBDC 4 with a minimum of 10 calendar days prior notice.
As of September 30, 2025 and 2024, the Company had the following subscriptions, pursuant to the Subscription Agreements, and contributions from its stockholders:
As of September 30, 2025
As of September 30, 2024
SubscriptionsContributionsSubscriptionsContributions
GBDC 4 Stockholders$1,523,641 $1,036,370 $1,032,820 $635,966 
As of September 30, 2025 and 2024, the ratio of total contributed capital to total capital subscriptions was 68.0% and 61.6%, respectively, and the Company had uncalled capital commitments of $487,271 and $396,854, respectively.
The following table summarizes the shares of GBDC 4 common stock issued for the year ended September 30, 2025, 2024 and 2023:
DateShares IssuedNAV per shareProceeds
Shares issued for the year ended September 30, 2023
Issuance of shares11/14/221,150,201.000 $15.00 $17,253 
Issuance of shares02/27/23859,744.654 15.00 12,896 
Issuance of shares07/31/231,521,177.000 15.00 22,818 
Issuance of shares09/27/233,802,942.533 15.00 57,044 
Shares issued for capital drawdowns7,334,065.187 $110,011 
Issuance of shares11/23/222,657.828 $15.00 40 
Issuance of shares12/29/2230,829.580 15.00 462 
Issuance of shares03/01/2317,801.196 15.00 267 
Issuance of shares03/22/2322,391.978 15.00 336 
Issuance of shares05/24/2377,682.843 15.00 1,165 
Issuance of shares06/22/2327,927.167 15.00 419 
Issuance of shares08/23/2326,042.627 15.00 391 
Issuance of shares09/20/2311,161.946 15.00 167 
Shares issued through DRIP216,495.165 $3,247 
Shares issued for the year ended September 30, 2024
Issuance of shares10/27/234,433,368.360$15.00 $66,501 
Issuance of shares11/28/232,849,722.59915.00 42,746 
Issuance of shares12/29/231,899,815.00015.00 28,498 
Issuance of shares02/12/242,952,472.59915.00 44,287 
Issuance of shares03/25/242,952,472.59915.00 44,287 
Issuance of shares05/30/243,054,472.59915.00 45,817 
Issuance of shares06/24/243,054,472.59915.00 45,817 
Issuance of shares07/08/243,054,472.599 15.00 45,817 
Issuance of shares08/19/246,196,815.000 15.00 92,951 
Shares issued for capital drawdowns30,448,083.954 $456,721 
Issuance of shares11/21/2338,883.631 $15.00 $583 
Issuance of shares12/27/2367,391.724 15.00 1,011 
Issuance of shares02/20/2453,724.497 15.00 806 
Issuance of shares03/19/2449,685.776 15.00 745 
Issuance of shares05/21/24197,881.153 15.00 2,968 
Issuance of shares06/18/2447,465.823 15.00 712 
Issuance of shares08/21/24189,305.225 15.00 2,840 
Issuance of shares09/18/2475,443.095 15.00 1,132 
Shares issued through DRIP719,780.924 $10,797 
Shares issued for the year ended September 30, 2025
Issuance of shares12/23/20246,725,731.752$15.00 $100,886 
Issuance of shares01/13/2025502,802.33115.00 7,542 
DateShares IssuedNAV per shareProceeds
Issuance of shares03/25/20254,565,389.866$15.00 $68,479 
Issuance of shares04/17/20251,529,106.00015.00 22,937 
Issuance of shares06/16/20258,859,307.15415.00 132,890 
Issuance of shares09/19/20254,511,253.866 15.00 67,670 
Shares issued for capital drawdowns26,693,590.969 $400,404 
Issuance of shares11/19/2024204,508.932 $15.00 $3,068 
Issuance of shares 12/18/202472,984.041 15.00 1,095 
Issuance of shares01/08/202585,661.548 15.00 1,285 
Issuance of shares02/18/2025112,987.679 15.00 1,695 
Issuance of shares03/18/202586,219.253 15.00 1,293 
Issuance of shares05/21/2025214,537.819 15.00 3,218 
Issuance of shares 06/17/202591,704.662 15.00 1,376 
Issuance of shares08/20/2025218,837.19615.00 3,282 
Issuance of shares09/17/2025109,130.664 15.00 1,637 
Shares issued through DRIP1,196,571.794 $17,949