Gladstone Capital Corporation filed a Form 8-K on October 26, 2026, disclosing the resignation of director Walter H. Wilkinson Jr. from its Board of Directors and the appointment of a successor Lead Independent Director, effective October 22 and October 26, 2026, respectively.

Key Highlights

  • Resignation: Walter H. Wilkinson Jr. notified Gladstone Capital of his resignation from the Board of Directors, effective immediately on October 22, 2026.
  • Tenure: Mr. Wilkinson had served as a director since 2014 and as Lead Independent Director since 2024.
  • Successor named: The Board elected George "Chip" Stelljes, III to succeed Mr. Wilkinson as Lead Independent Director, effective October 26, 2026.
  • Board size reduced: Following the resignation, the Board fixed the number of directors at seven, effective October 26, 2026.
  • Filing signed by: Nicole Schaltenbrand, Chief Financial Officer and Treasurer, signed the filing on behalf of the registrant.

Director Departure and Leadership Transition at Gladstone Capital

According to the filing, Walter H. Wilkinson Jr. notified Gladstone Capital Corporation (NASDAQ:GLAD) on October 22, 2026, that he was resigning from the company's Board of Directors effective immediately. The company disclosed that Mr. Wilkinson had served as a director since 2014 and had held the role of Lead Independent Director since 2024.

The filing states that the Board responded to the vacancy by electing George "Chip" Stelljes, III as the new Lead Independent Director, with that appointment taking effect October 26, 2026. In addition, the company reported that following Mr. Wilkinson's departure, the Board fixed its total membership at seven directors, also effective October 26, 2026.

The filing was made under Item 5.02, which covers departures and appointments of directors or certain officers. The report was signed by Nicole Schaltenbrand, identified in the filing as Chief Financial Officer and Treasurer of Gladstone Capital Corporation, a Maryland-incorporated company headquartered at 1521 Westbranch Drive, Suite 100, McLean, Virginia 22102.

What Was Disclosed

Gladstone Capital Corporation reported the immediate resignation of long-serving director and Lead Independent Director Walter H. Wilkinson Jr., the election of George "Chip" Stelljes, III as his successor in that role, and a reduction in board size to seven directors.