# EDGAR Filing Document

**Accession Number:** 0002082557
**File Stem:** 0002082557-26-000013
**Filing Date:** 2026-2
**Character Count:** 8396
**Document Hash:** e15d52b868b2b7ed499723d033ba6d68
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002082557-26-000013.hdr.sgml**: 20260224

**ACCESSION NUMBER**: 0002082557-26-000013

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 12

**CONFORMED PERIOD OF REPORT**: 20260223

**ITEM INFORMATION**: Unregistered Sales of Equity Securities

**ITEM INFORMATION**: Regulation FD Disclosure

**ITEM INFORMATION**: Other Events

**FILED AS OF DATE**: 20260224

**DATE AS OF CHANGE**: 20260224

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Golub Capital Private Income Fund S
- **CENTRAL INDEX KEY:** 0002082557

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 814-01945
- **FILM NUMBER:** 26672846

**BUSINESS ADDRESS:**
- **STREET 1:** 1209 ORANGE STREET
- **CITY:** WILMINGTON
- **STATE:** DE
- **ZIP:** 19801
- **BUSINESS PHONE:** 212-750-6060

**MAIL ADDRESS:**
- **STREET 1:** 1209 ORANGE STREET
- **CITY:** WILMINGTON
- **STATE:** DE
- **ZIP:** 19801

?xml version='1.0' encoding='ASCII'? gpifs-20260223

    

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**WASHINGTON, DC 20549**

    

**FORM 8-K**

**CURRENT REPORT**

**Pursuant to Section 13 or 15(d) of the**

**Securities Exchange Act of 1934**

**Date of report (Date of earliest event reported): February 23, 2026**

    

**<u>GOLUB CAPITAL PRIVATE INCOME FUND S</u>**

**(Exact name of Registrant as Specified in Its Charter)**

---

| | | |
|:---|:---|:---|
| **Delaware** | **814-01945** | **39-3613464** |
| **(State or Other Jurisdiction**<br>**of Incorporation)** | **(Commission**<br>**File Number)** | **(IRS Employer**<br>**Identification No.)** |

---

**<u>__ 200 Park Avenue, 25th Floor, New York, NY 10166_ _</u>**

**(Address of Principal Executive Offices)** &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **(Zip Code)**

**Registrant's telephone number, including area code: <u>(212) 750-6060</u>**

**<u>____ ____</u>**

**(Former Name or Former Address, if Changed Since Last Report)**

    

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (*see* General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

---

| | | |
|:---|:---|:---|
| **Title of each class** | **Trading Symbol** | **Name of each exchange on which registered** |
| None | N/A | N/A |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b- 2 of the Securities Exchange Act of 1934.

&nbsp;&nbsp;&nbsp;&nbsp;Emerging growth company ☑

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

    

------

---

| | |
|:---|:---|
| **Item 3.02.** | **Unregistered Sales of Equity Securities.** |

---

As of February 1, 2026, Golub Capital Private Income Fund S (the "Company") sold unregistered common shares of beneficial interest, par value $0.01 (the "Common Shares"), based on the Company's net asset value ("NAV") per Common Share as of January 31, 2026, pursuant to subscription agreements entered into by the Company and its investors. The offer and sale of the Common Shares were exempt from the registration requirements of the Securities Act of 1933, as amended, pursuant to Section 4(a)(2), Regulation D, and/or Regulation S thereunder. The following table details the amount of Common Shares sold and consideration therefore:

---

| | | | |
|:---|:---|:---|:---|
| **Date of Unregistered Sale** | **Amount of Common Shares** | **NAV per Common Share** | **Consideration**<sup>(1)</sup> |
| As of February 1, 2026  | 233700 | $24.89 | $5816805 |

---

<sup>(1)</sup> No underwriting discounts or commissions have been or will be paid in connection with the sale of such Common Shares.

Although the Fund does not charge investors any upfront placement or other fees with respect to the Common Shares, investors who purchase Common Shares through certain financial intermediaries may be directly charged transaction or other fees by such intermediaries, including upfront placement fees or brokerage commissions, in such amounts as the financial intermediaries may determine, provided that selling agents limit such charges to 3.5% of NAV for Common Shares.

---

| | |
|:---|:---|
| **Item 7.01.** | **Regulation FD Disclosures.** |

---

***February 2026 Distribution***

As previously disclosed, on February 2, 2026, the Company declared a regular distribution for its common shares of beneficial interest (the "Common Shares") in the amount per share set forth below:

---

| | | | |
|:---|:---|:---|:---|
| | **Gross<br>Distribution** | **Shareholder<br>Servicing and/or<br>Distribution Fee** | **Net Distribution** |
| February 2026 Common Shares Distribution | $0.1667 | $0.0177 | $0.1490 |

---

The February net distribution for Common Shares is payable to shareholders of record as of the open of business on February 28, 2026 and will be paid on or around March 30, 2026.

This distribution will be paid in cash or reinvested in Common Shares of the Company for shareholders participating in the Company's distribution reinvestment plan.

---

| | |
|:---|:---|
| **Item 8.01.** | **Other Events.** |

---

***Portfolio and Business Commentary***

As of January 31, 2026, the Company had investments in 116 portfolio companies with total fair value of approximately $233 million. As of January 31, 2026, the Company's investments as a percentage of the portfolio at fair value were comprised of the following:

------

---

| | |
|:---|:---|
| **Investment Type** | **As of** <br>**January 31, 2026** |
| First Lien Senior Secured | 98% |
| Junior Debt | 0%\* |
| Equity & Other | 2% |

---

\* Represents an amount less than 1%.

As of January 31, 2026, approximately 100% of the debt investments in the Company's portfolio, based on fair value, were floating rates and two debt investments representing less than 1% had a fixed interest rate. As of January 31, 2026, the ten largest industries in which the Company was invested, represented as a percentage of fair value, were as follows:

---

| | |
|:---|:---|
| **Industry** | **As of** <br>**January 31, 2026** |
| Software | 25% |
| Insurance | 10% |
| Hotels, Restaurants & Leisure | 6% |
| Healthcare Equipment & Supplies | 6% |
| Healthcare Providers & Services | 5% |
| Automobiles | 5% |
| Containers & Packaging | 5% |
| Commercial Services & Supplies | 4% |
| Professional Services | 4% |
| Real Estate Management & Development | 3% |

---

As of January 31, 2026, the Company's aggregate net asset value ("NAV") was approximately $106 million, the fair value of its portfolio investments was approximately $233 million, and it had approximately $123 million of debt outstanding. As of January 31, 2026, the Company's debt-to-equity leverage ratio was 1.17x.

***Net Asset Value***

The NAV per share of the Company as of January 31, 2026, as determined in accordance with the Company's valuation policy and procedures, is set forth below:

---

| | |
|:---|:---|
| | **NAV Per Share**<br>**as of** <br>**January 31, 2026** |
| Common Shares | $24.89 |

---

------

**SIGNATURES**<br>

Pursuant to the requirements of the Securities Exchange Act of 1934, Golub Capital Private Income Fund S has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

---

| | |
|:---|:---|
| | **GOLUB CAPITAL PRIVATE INCOME FUND S** |
| Date: February 24, 2026 | By: &nbsp;&nbsp;&nbsp;&nbsp; <u>/s/ Paul Solini</u> |
|  | Name: &nbsp;&nbsp;&nbsp;&nbsp;Paul Solini |
|  | Title: &nbsp;&nbsp;&nbsp;&nbsp;Chief Accounting Officer |

---