Recent 8-K filings for SAR

• May 5, 2026, 7:59 PM ET earnings materiality 0.75 neutral item 2.02item 9.01 ◈ Earnings Releases

  Saratoga Investment FY2026 ROE 9.1% beats prior year; AUM up 13.4% to $1.11B

  Annual ROE 9.1% vs 7.5% prior year and BDC industry avg of 4.3%; EPS $2.31 vs $2.02.

• April 14, 2026, 7:59 PM ET debt materiality 0.70 neutral item 1.01item 2.03item 9.01 ◈ Material Agreements ×2◈ Debt Financings

  Saratoga Investment Corp. Issues $25M of 7.25% Notes Due 2029

  Issued $25 million of 7.25% Notes due 2029 to an institutional investor in a private placement.

• March 13, 2026, 7:59 PM ET other material materiality 0.10 neutral item 1.01item 9.01 ◈ Material Agreements

  Saratoga Investment Corp. amends ATM equity distribution agreement for new shelf registration

  Amendment No. 5 to Equity Distribution Agreement effective March 13, 2026.

• February 6, 2026, 6:59 PM ET debt materiality 0.50 neutral item 1.01item 2.03item 9.01 ◈ Debt Financings◈ Material Agreements

  Saratoga Investment Corp. issues $100M 7.50% Notes due 2031, proceeds to repay existing 4.375% notes

  Issued $100.0M aggregate principal of 7.50% Notes due 2031; net proceeds ~$96.375M after underwriting discount and expenses.

• January 30, 2026, 6:59 PM ET debt materiality 0.70 neutral item 1.01item 2.03item 9.01 ◈ Debt Financings◈ Material Agreements

  Saratoga Investment Corp issues $100M of 7.50% Notes due 2031

  Offering of $100M aggregate principal amount of 7.50% Notes due 2031; underwriters may purchase up to $15M additional within 30 days.

• January 27, 2026, 6:59 PM ET debt materiality 0.50 neutral item 1.01item 2.03item 8.01item 9.01 ◈ Debt Financings◈ Material Agreements

  Saratoga Investment Corp. issues $50M 7.25% Senior Notes due 2030; proceeds to redeem 4.375% Notes due 2026

  Issued $50M aggregate principal of 7.25% Senior Unsecured Notes due May 1, 2030 in private placement.

• January 7, 2026, 6:59 PM ET earnings materiality 0.75 positive item 2.02item 9.01

  Saratoga Investment Q3 NII $0.61 (+5.2% QoQ), NAV stable $25.59, ROE 13.5%

  NII per share $0.61, up $0.03 from Q2; adjusted NII $0.61; EPS $0.74 vs $0.84 last quarter.

• November 7, 2025, 6:59 PM ET debt materiality 0.55 neutral item 1.01item 1.02item 2.03item 9.01 ◈ Debt Financings

  Saratoga Investment enters $85M Valley National credit facility, terminates prior Encina facility

  New $85M revolving credit facility with Valley National Bank; can be increased to $100M in first two years.

• October 7, 2025, 7:59 PM ET earnings materiality 0.65 positive item 2.02item 9.01

  Saratoga Investment Q2 NAV up 3.6% to $410.5M; Zollege returns to accrual

  NAV $410.5M, NAV per share $25.61 (+0.4% QoQ); Q2 ROE 13.8%, LTM ROE 9.1% beats BDC avg 7.3%

• September 26, 2025, 7:59 PM ET other materiality 0.15 neutral item 5.07

  Saratoga Investment Corp. annual meeting: directors elected, auditor ratified

  Stockholders elected Steven M. Looney (4,474,615 for, 892,437 withheld) and Charles S. Whitman III (4,365,201 for, 1,001,851 withheld) to the board until 2028.

• July 8, 2025, 7:59 PM ET earnings materiality 0.75 positive item 2.02item 9.01

  Saratoga Investment Q1 adjusted NII up 17.9% QoQ to $0.66; ROE beats industry at 14.1% annualized

  Adjusted NII per share $0.66, up 17.9% from $0.56 last quarter; total NII $10.1M.

• May 7, 2025, 7:59 PM ET earnings materiality 0.70 neutral item 2.02item 9.01

  Saratoga Investment FY2025 NAV per share $25.86, adjusted NII $3.81, dividend raised to $0.75/Q

  FY2025 adjusted NII per share $3.81 vs $4.10 YoY; total NAV up $22.5M to $392.7M.

• January 8, 2025, 6:59 PM ET earnings materiality 0.65 positive item 2.02item 9.01

  Saratoga Investment Q3 FY2025: Adj NII $0.90, LTM ROE 9.2%, $84.5M originations, $0.35 special dividend

  Adj NII per share $0.90 (excl. Knowland reversal) vs $0.89 prior quarter; GAAP EPS $0.64; NII yield 13.3%.

• October 23, 2024, 7:59 PM ET other materiality 0.10 neutral item 5.07

  Saratoga Investment Corp. re-elects Christian L. Oberbeck as director at 2024 annual meeting

  Annual meeting held Oct 23, 2024; record date July 29, 2024 with 13,745,769 eligible shares.

• October 8, 2024, 7:59 PM ET earnings materiality 0.70 positive item 2.02item 9.01

  Saratoga Investment Q2 NII per share $1.33, up 26.7% sequentially; NAV per share rises to $27.07

  Total investment income $43.0M, up 21.1% YoY from $35.5M; includes $7.9M Knowland interest reserve reversal.

• September 25, 2024, 7:59 PM ET other material materiality 0.30 neutral item 7.01item 8.01item 9.01

  Saratoga Investment postpones annual meeting to Oct 23 due to anticipated lack of quorum

  Original meeting Sept 26, 2024 postponed to Oct 23, 2024 at 10 a.m. ET at Ropes and Gray offices.

• July 9, 2024, 7:59 PM ET earnings materiality 0.70 neutral item 2.02item 9.01

  Saratoga Investment Q1 NII $1.05/sh, dividend raised to $0.74, NAV per share $26.85

  Net investment income per share $1.05 (vs $1.35 YoY); adjusted NII also $1.05.

• June 17, 2024, 7:59 PM ET debt materiality 0.50 neutral item 1.01item 2.03item 9.01

  Saratoga Investment increases SPV credit facility from $50M to $75M

  Borrowing capacity under Live Oak Credit Facility raised from $50M to $75M.

• May 15, 2024, 7:59 PM ET other materiality 0.25 neutral item 1.01item 9.01 ◈ Material Agreements

  Saratoga Investment adds Lucid Capital Markets as distribution agent to ATM program

  Amendment No. 4, dated May 15, 2024, adds Lucid Capital Markets as a distribution agent to the existing Equity Distribution Agreement.

• May 6, 2024, 7:59 PM ET earnings materiality 0.80 positive item 2.02item 9.01 ◈ Earnings Releases

  Saratoga Investment Q4 FY2024 adj NII $0.94/share; AUM $1.139B; dividend $0.73

  FY2024 NII per share $4.49 (+53% YoY); adjusted NII $4.10 (+44% YoY).

Earnings & guidance

Materiality & sentiment trend

Max materiality 0.80 · Median 0.65 · Most common event earnings

6 positive 0 negative 14 neutral

source · SAR on sec.gov