{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-076901","form_type":"8-K","ticker":"PSBD","cik":"0001794776","company_name":"Palmer Square Capital BDC Inc.","filed_at":"2026-02-26T23:59:59+00:00","discovered_at":"2026-05-14T18:02:36.201218+00:00","generated_at":"2026-05-15T23:43:14.571696+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"PSBD Q4 NII falls to $0.41/share from $0.45; NAV drops to $14.85; declares $0.36 base dividend","bullets":["Total investment income $29.8M vs $34.9M YoY; NII $13.1M ($0.41/share) down from $14.8M ($0.45).","Net realized/unrealized losses of $18.4M in Q4 vs $2.9M loss a year ago; NAV $14.85/share vs $15.39 prior quarter.","Portfolio yield 11.30%; 99.91% of investments income-producing; non-accrual rate 0.09% of fair value.","Q1 2026 base dividend $0.36/share payable Apr 9, record Mar 27; supplemental expected in March.","New investments funded $91.4M in Q4; sales/repayments $148.3M; debt-to-equity 1.54x."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-076901","json":"https://secwatch.observer/filing/0001193125-26-076901.json","markdown":"https://secwatch.observer/filing/0001193125-26-076901.md","text":"https://secwatch.observer/filing/0001193125-26-076901.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1794776/000119312526076901/0001193125-26-076901-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1794776/000119312526076901/psbd-20260226.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T23:43:14.571696+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}