| Schedule of Stockholders Equity |
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 | | Subscriptions | | Contributions | | Subscriptions | | Contributions | | GBDC 4 Stockholders | $ | 1,523,641 | | | $ | 1,036,370 | | | $ | 1,032,820 | | | $ | 635,966 | | | | | | | | | |
The following table summarizes the shares of GBDC 4 common stock issued for the year ended September 30, 2025, 2024 and 2023: | | | | | | | | | | | | | | | | | | | | | | | | | Date | | Shares Issued | | NAV per share | | Proceeds | | Shares issued for the year ended September 30, 2023 | | Issuance of shares | 11/14/22 | | 1,150,201.000 | | | $ | 15.00 | | | $ | 17,253 | | | Issuance of shares | 02/27/23 | | 859,744.654 | | | 15.00 | | | 12,896 | | | Issuance of shares | 07/31/23 | | 1,521,177.000 | | | 15.00 | | | 22,818 | | | Issuance of shares | 09/27/23 | | 3,802,942.533 | | | 15.00 | | | 57,044 | | | Shares issued for capital drawdowns | | | 7,334,065.187 | | | | | $ | 110,011 | | | Issuance of shares | 11/23/22 | | 2,657.828 | | | $ | 15.00 | | | 40 | | | Issuance of shares | 12/29/22 | | 30,829.580 | | | 15.00 | | | 462 | | | Issuance of shares | 03/01/23 | | 17,801.196 | | | 15.00 | | | 267 | | | Issuance of shares | 03/22/23 | | 22,391.978 | | | 15.00 | | | 336 | | | Issuance of shares | 05/24/23 | | 77,682.843 | | | 15.00 | | | 1,165 | | | Issuance of shares | 06/22/23 | | 27,927.167 | | | 15.00 | | | 419 | | | Issuance of shares | 08/23/23 | | 26,042.627 | | | 15.00 | | | 391 | | | Issuance of shares | 09/20/23 | | 11,161.946 | | | 15.00 | | | 167 | | | Shares issued through DRIP | | | 216,495.165 | | | | | $ | 3,247 | | | | | | | | | | | Shares issued for the year ended September 30, 2024 | | | | | | | | Issuance of shares | 10/27/23 | | 4,433,368.360 | | $ | 15.00 | | | $ | 66,501 | | | Issuance of shares | 11/28/23 | | 2,849,722.599 | | 15.00 | | | 42,746 | | | Issuance of shares | 12/29/23 | | 1,899,815.000 | | 15.00 | | | 28,498 | | | Issuance of shares | 02/12/24 | | 2,952,472.599 | | 15.00 | | | 44,287 | | | Issuance of shares | 03/25/24 | | 2,952,472.599 | | 15.00 | | | 44,287 | | | Issuance of shares | 05/30/24 | | 3,054,472.599 | | 15.00 | | | 45,817 | | | Issuance of shares | 06/24/24 | | 3,054,472.599 | | 15.00 | | | 45,817 | | | Issuance of shares | 07/08/24 | | 3,054,472.599 | | | 15.00 | | | 45,817 | | | Issuance of shares | 08/19/24 | | 6,196,815.000 | | | 15.00 | | | 92,951 | | | Shares issued for capital drawdowns | | | 30,448,083.954 | | | | | $ | 456,721 | | | Issuance of shares | 11/21/23 | | 38,883.631 | | | $ | 15.00 | | | $ | 583 | | | Issuance of shares | 12/27/23 | | 67,391.724 | | | 15.00 | | | 1,011 | | | Issuance of shares | 02/20/24 | | 53,724.497 | | | 15.00 | | | 806 | | | Issuance of shares | 03/19/24 | | 49,685.776 | | | 15.00 | | | 745 | | | Issuance of shares | 05/21/24 | | 197,881.153 | | | 15.00 | | | 2,968 | | | Issuance of shares | 06/18/24 | | 47,465.823 | | | 15.00 | | | 712 | | | Issuance of shares | 08/21/24 | | 189,305.225 | | | 15.00 | | | 2,840 | | | Issuance of shares | 09/18/24 | | 75,443.095 | | | 15.00 | | | 1,132 | | | Shares issued through DRIP | | | 719,780.924 | | | | | $ | 10,797 | | | | | | | | | | | Shares issued for the year ended September 30, 2025 | | | | | | | | Issuance of shares | 12/23/2024 | | 6,725,731.752 | | $ | 15.00 | | | $ | 100,886 | | | Issuance of shares | 01/13/2025 | | 502,802.331 | | 15.00 | | | 7,542 | |
| | | | | | | | | | | | | | | | | | | | | | | | | Date | | Shares Issued | | NAV per share | | Proceeds | | Issuance of shares | 03/25/2025 | | 4,565,389.866 | | $ | 15.00 | | | $ | 68,479 | | | Issuance of shares | 04/17/2025 | | 1,529,106.000 | | 15.00 | | | 22,937 | | | Issuance of shares | 06/16/2025 | | 8,859,307.154 | | 15.00 | | | 132,890 | | | Issuance of shares | 09/19/2025 | | 4,511,253.866 | | | 15.00 | | | 67,670 | | | Shares issued for capital drawdowns | | | 26,693,590.969 | | | | | $ | 400,404 | | | Issuance of shares | 11/19/2024 | | 204,508.932 | | | $ | 15.00 | | | $ | 3,068 | | | Issuance of shares | 12/18/2024 | | 72,984.041 | | | 15.00 | | | 1,095 | | | Issuance of shares | 01/08/2025 | | 85,661.548 | | | 15.00 | | | 1,285 | | | Issuance of shares | 02/18/2025 | | 112,987.679 | | | 15.00 | | | 1,695 | | | Issuance of shares | 03/18/2025 | | 86,219.253 | | | 15.00 | | | 1,293 | | | Issuance of shares | 05/21/2025 | | 214,537.819 | | | 15.00 | | | 3,218 | | | Issuance of shares | 06/17/2025 | | 91,704.662 | | | 15.00 | | | 1,376 | | | Issuance of shares | 08/20/2025 | | 218,837.196 | | 15.00 | | | 3,282 | | | Issuance of shares | 09/17/2025 | | 109,130.664 | | | 15.00 | | | 1,637 | | | Shares issued through DRIP | | | 1,196,571.794 | | | | | $ | 17,949 | | | | | | | | | |
|