Company: GAINI
Filing Date: 2025-06-20
Form Type: DEF 14A
Source: 0001193125-25-143255
Chunk: 30

Company: GLADSTONE INVESTMENT CORPORATION\DE
Filing Date: 2025-06-20
Form: DEF 14A
Chunk 30
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     | Number ofCommonShares |   |     | Percent of   
 CommonShares |   |     | Value of Securities (1) |   |
| Independent Directors:   |     |                       |   |     |              |   |     |                         |   |
| Michela A. English       |     |                       | — |     |              | * |     |                         | — |
| Katharine C. Gorka       |     |                       | — |     |              | * |     |                         | — |
| John H. Outland          |     |                       | — |     |              | * |     |                         | — |
| Anthony W. Parker        |     |                       | — |     |              | * |     |                         | — |
| Walter H. Wilkinson, Jr. |     |                       | — |     |              | * |     |                         | — |

| * | Less than 1% |

| (1) | Ownership calculated in accordance with Rule16a-1(a)(2)of the Exchange Act. The value of securities beneficially owned is calculated by multiplying the net asset value of the respective class held by such director as reported of June 4, 2025, times the number of shares of the respective class so beneficially owned and aggregated accordingly. |

Insider Trading Policy The Code adoptedby the Company covers directors, officers and other employees of Gladstone Land Corporation, Gladstone Commercial Corporation, Gladstone Capital Corporation, Gladstone Alternative Income Fund (collectively, with the Company, the “Funds”), the Company, the Administrator or the Adviser, including such persons’ immediate family members (collectively, “Insiders”). The Code establishes insider trading policies and procedures governing the purchase, sale, and/or other dispositions of the Company’s securities by the Company and Insiders and is reasonably designed to promote compliance with insider trading laws, rules and regulations, and any listing standards applicable to the Company. The Code also prohibits Insiders from entering into a short sale transaction or trading in options (including puts and calls), warrants, convertible securities, appreciation rights or other derivative securities with respect to the Company’s securities (or securities of the Funds) or using any other derivative transaction or instrument to take a short position in respect of such Fund’s securities. 30

EXECUTIVE COMPENSATION Compensation Discussion and Analysis None of our executive officers receives direct compensation from us. We also do not currently have any employees and do not expect to have any employees in