Gladstone Capital appoints Chip Stelljes as Lead Independent Director

Gladstone Capital Corporation has named George "Chip" Stelljes, III as its new Lead Independent Director, effective October 26, 2026. The appointment follows the immediate resignation of Walter H. Wilkinson Jr. from the company's Board of Directors, a move that reduces the board's size to seven members.

The change in leadership was disclosed in a Form 8-K filed with the U.S. Securities and Exchange Commission on October 26, 2026. The filing reports that Wilkinson, who has served as a director since 2014, notified the company of his resignation on October 22, 2026. In addition to his role as a director, Wilkinson had held the position of Lead Independent Director since 2024.

Upon accepting Wilkinson's resignation, the Board of Directors elected Stelljes to succeed him in the Lead Independent Director role. The effective date for both Stelljes' appointment and the reduction of the board size to seven directors is October 26, 2026.

Gladstone Capital Corporation is incorporated in Maryland and maintains its principal executive offices at 1521 Westbranch Drive, Suite 100 in McLean, Virginia. The company's common stock, which carries a par value of $0.001 per share, trades on The Nasdaq Stock Market LLC under the ticker symbol GLAD.

The Form 8-K was signed by Nicole Schaltenbrand, the company's Chief Financial Officer and Treasurer. The filing does not indicate that Gladstone Capital Corporation is an emerging growth company under Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934. The report was submitted pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.