Current Report · Items 5.02 · 8-K
Palmer Square Capital BDC Inc.
PSBDNYSEEQUITYCurrent
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On August 3, 2026, the Board of Directors (the “Board”) of Palmer Square Capital BDC Inc. (the “Company”) unanimously appointed Ben Wiesenfeld as Chief Compliance Officer (“CCO”) of the Company, effective immediately, succeeding Scott Betz in such role.…
Filed Aug 7, 2026Accepted Aug 7, 2026, 4:19 PM EDTCIK 1794776Accession 0001213900-26-086702
Company context
Palmer Square Capital BDC Inc. (NYSE: PSBD) is an externally managed, non-diversified closed-end management investment company that primarily lends to and invests in corporate debt loans, including but not limited to large private U.S. companies in the broadly syndicated loan market, as well as the direct large cap private credit market. PSBD has elected to be regulated as a business development company under the Investment Company Act of 1940. PSBD’s investment objective is to maximize total return, comprised of current income and capital appreciation. PSBD’s current investment focus is guided by two strategies that facilitate its investment opportunities and core competencies: (1) investing in corporate debt loans and, to a lesser extent, (2) investing in other debt securities which may include collateralized loan obligation debt and equity. PSBD’s investment activities are managed by its investment adviser, Palmer Square BDC Advisor LLC, an affiliate of Palmer Square Capital Management LLC.
Current securities
Disclosure sections
Items 5.02Select an item to read the extracted section. The as-filed document remains the primary evidence.
Item 5.02Item 5.02 - Departure/Election of Directors
Item
5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of
Certain Officers.
On
August 3, 2026, the Board of Directors (the “Board”) of Palmer Square Capital BDC Inc. (the “Company”) unanimously
appointed Ben Wiesenfeld as Chief Compliance Officer (“CCO”) of the Company, effective immediately, succeeding Scott Betz
in such role. In connection with Mr. Wiesenfeld’s appointment, Mr. Betz will continue to serve as an officer of the Company in
the role of Chief Operating Officer, effective August 3, 2026.
Mr.
Betz, 48, has served as the Company’s Chief Operating Officer since 2019 and previously served as Chief Compliance Officer of Palmer
Square Capital Management LLC (“PSCM”) from March 2018 to March 2021. Prior to joining PSCM in March 2018,
Mr. Betz worked for over 14 years at Scout Investments, most recently as Chief Operating Officer, Chief Compliance Officer
and Treasurer. Prior to joining Scout Investments, Mr. Betz worked for over six years at UMB Bank as a Performance Measurement
Specialist and subsequently as Investment Technology Officer. Mr. Betz received an MBA degree and a BA degree in Political Science
from the University of Missouri-Kansas City.
Mr.
Wiesenfeld, 48, has served as the Chief Compliance Officer and General Counsel of PSCM since 2025. Prior to joining the Company, Mr.
Wiesenfeld served as Chief Compliance Officer, Funds and Broker-Dealer, at Pacific Life Insurance Company from June 2020 to November
2025. Mr. Wiesenfeld received his Juris Doctor (J.D.) degree from the University of Denver - Sturm College of Law and a BA
degree in Political Science from the University of Wisconsin-Madison.
There
are no arrangements or understandings between Mr. Wiesenfeld or Mr. Betz and any other persons pursuant to which Mr. Wiesenfeld has been
selected as Chief Compliance Officer, or Mr. Betz has been appointed as Chief Operating Officer, of the Company that would require disclosure
under Item 401(b) of Regulation S-K. Neither Mr. Wiesenfeld nor Mr. Betz has any family relationships with any current director, executive
officer, or person nominated to become a director or executive officer, of the Company, and there are no current or proposed transactions
between the Company and Mr. Wiesenfeld or Mr. Betz or their respective immediate family members that would require disclosure under Item
404(a) of Regulation S-K promulgated by the Securities and Exchange Commission.