Liberty Mutual Holding Co - Aug 26, 2025 Form 4 Insider Report for Willow Tree Capital Corp

Role: 10%+ Owner
Signature: LIBERTY MUTUAL HOLDING COMPANY, By: /s/Vlad Barbalat, Executive Vice President
Transactions as of: Aug 26, 2025
Transactions value $: $134,234
Form type: 4
Date filed: 8/28/2025, 12:25 PM
Previous filing: Aug 27, 2025
Next filing: Sep 26, 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
LIBERTY MUTUAL HOLDING CO	10%+ Owner	C/O LIBERTY MUTUAL INSURANCE COMPANY, 175 BERKELEY STREET, BOSTON	LIBERTY MUTUAL HOLDING COMPANY, By: /s/Vlad Barbalat, Executive Vice President	2025-08-28	0001142872

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction		Common Stock, par value $0.01 per share	Purchase	$134K	+8.2K	+0.25%	$16.38	3.23M	Aug 26, 2025	By subsidiaries	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The securities reported herein are held directly by Willow Tree Capital Rated Notes Feeder LLC ("Willow Tree Feeder") and represent the pro rata portion of the shares of the issuer held by Willow Tree Feeder that Liberty Mutual Holding Company Inc. (the "Reporting Person") may be deemed to beneficially own pursuant to the Note Purchase Agreement, dated April 11, 2024, entered into by Liberty Mutual Insurance Company, Peerless Insurance Company, Safeco Insurance Company of America and The Ohio Casualty Insurance Company (collectively, the "Subsidiaries") and Willow Tree Feeder, granting the Subsidiaries certain pro rata rights with respect to the securities of the issuer held by Willow Tree Feeder.
F2	(Continued from footnote 1) The Subsidiaries are indirect wholly-owned subsidiaries of the Reporting Person. Accordingly, the Reporting Person may be deemed to have beneficial ownership over the pro rata portion of the shares of the issuer held by Willow Tree Feeder. The Reporting Person disclaims beneficial ownership in the securities reported herein except to the extent of its pecuniary interest therein.

Content

The securities reported herein are held directly by Willow Tree Capital Rated Notes Feeder LLC ("Willow Tree Feeder") and represent the pro rata portion of the shares of the issuer held by Willow Tree Feeder that Liberty Mutual Holding Company Inc. (the "Reporting Person") may be deemed to beneficially own pursuant to the Note Purchase Agreement, dated April 11, 2024, entered into by Liberty Mutual Insurance Company, Peerless Insurance Company, Safeco Insurance Company of America and The Ohio Casualty Insurance Company (collectively, the "Subsidiaries") and Willow Tree Feeder, granting the Subsidiaries certain pro rata rights with respect to the securities of the issuer held by Willow Tree Feeder.

(Continued from footnote 1) The Subsidiaries are indirect wholly-owned subsidiaries of the Reporting Person. Accordingly, the Reporting Person may be deemed to have beneficial ownership over the pro rata portion of the shares of the issuer held by Willow Tree Feeder. The Reporting Person disclaims beneficial ownership in the securities reported herein except to the extent of its pecuniary interest therein.