President Steven Pluss buys $265,800 of Sixth Street Specialty Lending, Inc. (TSLX)
Steven Pluss, president, bought $265,800 of stock after a 14.3% fall. WallStPal Score 62.
Steven Pluss, president of Sixth Street Specialty Lending, Inc., bought 15,000 shares on the open market on February 27, 2026 at an average of $17.72 a share, for a total of $265,800. The purchase was reported to the SEC on Form 4 on March 3, 2026.
It raised their holding by 41%, to 51,500 shares.
The purchase came after a fall: Sixth Street Specialty Lending, Inc. stock was down 14.3% over the 13 weeks before.
5 other insiders also bought at least $10,000 of TSLX within 30 days, which makes this a cluster buy.
In the 12 months up to this filing, Sixth Street Specialty Lending, Inc. insiders reported 3 open-market purchases and 0 sales.
WallStPal Score: 62 out of 100, because of raised their holding by 41%; 5 other insiders also bought; the stock had fallen 14.3% in the 13 weeks before; bought by a top executive.
What happened next: after 1 month the stock was up 0.2% (6.1 points better than the S&P 500); after 3 months the stock was down 2.8% (12.5 points worse than the S&P 500); after 6 months the stock was up 6% (5.1 points worse than the S&P 500). Based on weekly prices from the week of the purchase.
Our read
This one purchase is 80% of all insider buying at TSLX in the past year, the first open-market purchase by Steven Pluss in our records. Insiders buy for many reasons and can be wrong; one purchase is a reason to look closer, not a reason to buy.
Source: SEC Form 4 filing ↗. This story was written automatically from the filing and weekly price data. Information, not investment advice.
Examples
Big insider purchases have made news before. In January 2016, with bank stocks falling, JPMorgan Chase CEO Jamie Dimon bought 500,000 JPMorgan shares, about $26 million of his own money, and the purchase was widely reported as a sign of confidence.
Explain it like I'm 13
Steven Pluss helps run Sixth Street Specialty Lending, Inc.. Spending $265,800 of their own money on the company's stock is like a coach buying a big stack of tickets to their own team's games: it suggests they think the team will do well. It is not a promise, and insiders can be wrong.
Sources
- Form 4: Steven Pluss, purchase of TSLX · filed 2026-03-03
- Form 4: Joshua Peck, purchase · filed 2026-03-03
- Form 4: Michael Graf, purchase · filed 2026-03-02
The purchase filing and the other most recent Form 4 filings for the same company.