MarketPeel
Insider Trading Intelligence
MF

Michael C. Forman

FSSL
SEE REMARKS · FS SPECIALTY LENDING FUND · CIK 0001438253
FILING MIX · LIFETIME68%/32%
BUYS
25
SELLS
12
TOTAL VALUE
$11.52M
COMPANIES
3
ACTIVE SINCE
May 2020
HOLDINGS NOW
83,602
AVG SELL PX
$7.68
TRADE KIND
SHOWING 37 / 37
Trades · vs SPY
Loading price series…
Performance · forward returns vs SPY
32 backtested trades · 8 horizons · 41 pendingHow are these numbers computed? →
Forward-return performance of every backtestable P/S trade by Michael C. Forman, measured at 8 horizons from 7 days to 2 years. Deduped per economic event so co-filings count once. Excess return = trade return minus SPY return over the same window.
HORIZONTRADESWIN RATEINSIDER RETURNSPY RETURNMEAN EXCESSMEDIAN EXCESST-STAT
7d32+43.75%+1.56%+0.68%+0.89%+0.44%1.56
14d32+43.75%+1.81%+0.90%+0.91%-0.69%1.04
30d32+50.00%+2.65%+0.28%+2.37%+2.07%3.58
60d32+46.88%+3.73%+4.37%-0.64%-1.15%-0.60
90d32+31.25%+2.88%+5.51%-1.35%-1.74%
180d32(7 pending)+36.00%+4.52%+7.83%-2.60%+2.02%
1y32(14 pending)+55.56%+15.70%+16.45%-0.75%+3.78%
2y32(20 pending)+66.67%+27.04%+32.72%-5.68%+5.76%
How to read this: Insider Returnis the average raw return of the filer's trades over the horizon. SPY Return is what SPY did over those same windows — reference only, not a comparison. The headline alpha number is Mean Excess = Insider − SPY; green means the filer beat SPY, red means they trailed it. Win rate is the share of individual trades where the filer beat SPY. T-statvalues above 2 mean the alpha is unlikely to be chance given the sample size. "Pending" counts trades where the horizon hasn't elapsed yet; their stats are not included in the row average.
Holdings over time
FSSL · 20,920 shares · as of Mar 6, 2026
024,43648,87273,30897,7442026SHARES HELD
Trading cadence · quarterly flow
BUY SELL
2020
2020
2020
2021
2021
2021
2021
2022
2022
2022
2022
2023
2023
2023
2023
2024
2024
2024
2024
2025
2025
2025
2025
2026
FLOW · 25 buys / 12 sellsCOVERAGE · 24 quarters
Form 4 filings · all activity
COMPANYTYPESHARESPRICEVALUEHELD AFTERTRADE DATEFILEDDETAILS
FSSL
FS SPECIALTY LENDING FUND
PURCHASE
See Remarks
19,964$11.83$236.2K97,744Mar 6, 2026Mar 10, 2026View →
FSSL
FS SPECIALTY LENDING FUND
PURCHASE
See Remarks
20,920$11.83$247.5K20,920Mar 6, 2026Mar 10, 2026View →
FSSL
FS SPECIALTY LENDING FUND
PURCHASE
See Remarks
956$11.95$11.4K77,780Mar 5, 2026Mar 9, 2026View →
FSCO
FS CREDIT OPPORTUNITIES CORP.
PURCHASE
See Remarks
87$5.20$45244,312Feb 26, 2026Mar 2, 2026View →
FSCO
FS CREDIT OPPORTUNITIES CORP.
PURCHASE
See Remarks
38,462$5.20$200.0K38,462Feb 26, 2026Mar 2, 2026View →
FSCO
FS CREDIT OPPORTUNITIES CORP.
PURCHASE
See Remarks
34,295$5.20$178.3K44,312Feb 25, 2026Feb 27, 2026View →
FSCO
FS CREDIT OPPORTUNITIES CORP.
PURCHASE
See Remarks
4,080$5.20$21.2K9,930Feb 24, 2026Feb 26, 2026View →
FSSL
FS SPECIALTY LENDING FUND
PURCHASE
See Remarks
8,588$13.39$115.0K8,588Dec 3, 2025Dec 5, 2025View →
FSSL
FS SPECIALTY LENDING FUND
PURCHASE
See Remarks
10,000$13.27$132.7K76,824Nov 21, 2025Nov 25, 2025View →
FSSL
FS SPECIALTY LENDING FUND
PURCHASE
See Remarks
16,790$13.32$223.6K66,824Nov 20, 2025Nov 24, 2025View →
FSSL
FS SPECIALTY LENDING FUND
PURCHASE
See Remarks
1,664$13.34$22.2K50,034Nov 19, 2025Nov 21, 2025View →
FSSL
FS SPECIALTY LENDING FUND
PURCHASE
See Remarks
37,037$13.44$497.8K48,370Nov 14, 2025Nov 17, 2025View →
FSSL
FS SPECIALTY LENDING FUND
PURCHASE
See Remarks
11,333$13.49$152.9K11,333Nov 13, 2025Nov 17, 2025View →
FSK
FS KKR CAPITAL CORP
PURCHASE
Chief Executive Officer
10,000$15.50$155.0K24,220Nov 11, 2025Nov 12, 2025View →
FSK
FS KKR CAPITAL CORP
SALE
Chief Executive Officer
10,088355.438Jan 1, 2025Jan 3, 2025View →
FSCO
FS CREDIT OPPORTUNITIES CORP.
SALE
Chief Executive Officer
102,860$6.11$628.5K13,437Sep 9, 2024Sep 9, 2024View →
FSCO
FS CREDIT OPPORTUNITIES CORP.
SALE
Chief Executive Officer
13,437$6.10$82.0K0Sep 9, 2024Sep 11, 2024View →
FSCO
FS CREDIT OPPORTUNITIES CORP.
SALE
Chief Executive Officer
218,961$6.15$1.35M116,297Sep 6, 2024Sep 9, 2024View →
FSK
FS KKR CAPITAL CORP
SALE
Chief Executive Officer
14,435$19.56$282.3K10,090.508Aug 15, 2024Aug 19, 2024View →
FSK
FS KKR CAPITAL CORP
SALE
Chief Executive Officer
180,704$19.56$3.53M0Aug 15, 2024Aug 19, 2024View →
FSCO
FS CREDIT OPPORTUNITIES CORP.
SALE
Chief Executive Officer
0.941$5.87$663,635.059Mar 19, 2024Mar 20, 2024View →
FSK
FS KKR CAPITAL CORP
SALE
Chief Executive Officer
10,09021,659.498Jan 1, 2024Jan 3, 2024View →
FSCO
FS CREDIT OPPORTUNITIES CORP.
PURCHASE
Chief Executive Officer
15,458$4.58$70.8K321,821Jun 9, 2023Jun 12, 2023View →
FSCO
FS CREDIT OPPORTUNITIES CORP.
PURCHASE
Chief Executive Officer
65,606$4.57$299.9K306,363Jun 8, 2023Jun 9, 2023View →
FSCO
FS CREDIT OPPORTUNITIES CORP.
PURCHASE
Chief Executive Officer
47,694$4.67$222.7K240,757Jun 7, 2023Jun 8, 2023View →
FSCO
FS CREDIT OPPORTUNITIES CORP.
PURCHASE
Chief Executive Officer
7,415$4.57$33.9K193,063Jun 5, 2023Jun 6, 2023View →
FSCO
FS CREDIT OPPORTUNITIES CORP.
PURCHASE
Chief Executive Officer
67,648$4.57$309.0K185,648Jun 2, 2023Jun 5, 2023View →
FSCO
FS CREDIT OPPORTUNITIES CORP.
PURCHASE
Chief Executive Officer
40,000$4.55$182.0K118,000Jun 1, 2023Jun 2, 2023View →
FSCO
FS CREDIT OPPORTUNITIES CORP.
PURCHASE
Chief Executive Officer
78,000$4.48$349.4K78,000May 31, 2023Jun 2, 2023View →
FSCO
FS CREDIT OPPORTUNITIES CORP.
PURCHASE
Chief Executive Officer
5,850$4.30$25.2K5,850May 24, 2023May 26, 2023View →
FSK
FS KKR CAPITAL CORP
SALE
Chief Executive Officer
10,09026,886.973Jan 1, 2023Jan 3, 2023View →
FSK
FS KKR CAPITAL CORP
PURCHASE
Chief Executive Officer
5,488$20.41$112.0K5,488May 24, 2022May 26, 2022View →
FSK
FS KKR CAPITAL CORP
SALE
Chief Executive Officer
10,09032,385.26Jan 1, 2022Jan 3, 2022View →
FSK
FS KKR CAPITAL CORP
SALE
Chief Executive Officer
10,09041,290.384Aug 31, 2021Sep 2, 2021View →
FSK
FS KKR CAPITAL CORP
PURCHASE
Chief Executive Officer
10,000$22.98$229.8K13,119.081Aug 17, 2021Aug 20, 2021View →
FSK
FS KKR CAPITAL CORP
PURCHASEGRANT
Stock grant
75,052.246124,551.246Jun 16, 2021Jun 21, 2021View →
FSK
FS KKR CAPITAL CORP
SALE
Chief Executive Officer
445,359$3.64$1.62M0May 29, 2020Jun 2, 2020View →
Other insiders · FSSL
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About this filer
CIK 0001438253
ROLE
See Remarks
PRIMARY
FSSL
COMPANIES
3
ACTIVE SINCE
May 2020
MARKETPEEL · /INSIDER/0001438253DATA · SEC EDGAR · FORM 4 · CONSOLIDATED TAPE
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