FORM ADV PART 2B

Sean Paul Butson, CFA DC Capital Management, LLC 101 Gold Run Circle Dillon, CO 80435 Phone: 970-468-1339 August 14, 2026 FORM ADV PART 2B BROCHURE SUPPLEMENT This brochure supplement provides information about Sean Paul Butson that supplements the DC Capital Management, LLC brochure. You should have received a copy of that brochure. Please contact Mr. Butson, Member and Chief Compliance Officer if you did not receive DC Capital Management, LLC's brochure or if you have any questions about the contents of this supplement. information about Sean Paul Butson is available on the SEC’s website at Additional www.adviserinfo.sec.gov using CRD #2917873.  Sean Paul Butson, CFA Form ADV Part 2B Brochure Supplement CRD No: 2917873 IARD No.: 142841 August 14, 2026 Educational Background and Business Experience Form ADV Part 2B, Item 2 Sean Paul Butson, CFA Born December 25, 1971 Education Achieved Chartered Financial Analyst (CFA) designation in minimum number of years University of Maryland, College Park, MD, 1994: Bachelor of Science, Finance: 3.8 GPA Wake Forest University, Winston-Salem, NC, 1993: Bachelor of Arts, Politics: Dean’s List Business Background DC Capital Management, 2006-Present President • Manage discretionary investment accounts in proprietary portfolios • Provide financial planning services focused on retirement planning, college savings, estate planning, etc. Legg Mason, Baltimore, MD, 1997-2005 Principal/Equity Analyst, Media Industry, 2003-2005 • Covered the satellite radio, Hispanic media, cable networks, film, and TV broadcasting sectors (including XM Radio, Sirius, Viacom, and Univision) via financial models, written reports, and oral communication with clients in the U.S. and Europe • Authored dozens of reports on the satellite radio industry, including insightful pieces on technology, subscribers, and content • Appeared on CNBC and quoted in major publications regarding the media industry • Asked to lecture MBA course on finance and capital markets Principal/Equity Analyst, Wireless Services and Tower Industries, 2000-2002 • Received Wall Street Journal award as the #1 stockpicker (co-coverage) in the wireless services industry (including Nextel, Sprint PCS, and AT&T Wireless) in only year eligible (2002) • Leading analyst covering the tower industry; provided extensive research coverage of American Tower, Crown Castle, and SBA Communications, while avoiding Pinnacle and SpectraSite, both of which went bankrupt • Served as an expert witness Associate Equity Analyst, Wireless Services, Towers, and Equipment Industries, 1997-1999 • One of the first associate analysts promoted to analyst of 1997 hires • Drafted equity research reports, built valuation models, and discussed investment theses with Legg Mason clients in the wireless services, equipment, and tower industries (including Nokia, Ericsson, 1  Sean Paul Butson, CFA Form ADV Part 2B Brochure Supplement CRD No: 2917873 IARD No.: 142841 August 14, 2026 and Motorola) NationsBank (now Bank of America), Bethesda, MD, 1995-1997 Portfolio Manager, 1997 • Manager of a $20 million debt portfolio of middle market clients with annual revenues of $10-$250 million Credit Analyst, 1995-1996 • Structured debt financing for clients, which included senior debt, revolving credit facilities, and standby letters of credit Chartered Financial Analyst [‘CFA’]: This designation is issued by the CFA Institute and is granted to individuals who meet one of the following prerequisites: possess an undergraduate degree and four years of professional experience investment decision making; or four years qualified work experience (full time, but not necessarily investment related). The candidate is required to follow a self study program involving 250 hours of study for each of the following three disciplines: Level One: Ethics & Professional Standards; Level Two: Investment Tools & Asset Classes; and Level Three: Portfolio Management & Wealth Planning. Once the designation is issued, no further Continuing Education is required. Disciplinary Information Form ADV Part 2B, Item 3 None. Other Business Activities Form ADV Part 2B, Item 4 None. Additional Compensation Form ADV Part 2B, Item 5 None. 2  Sean Paul Butson, CFA Form ADV Part 2B Brochure Supplement CRD No: 2917873 IARD No.: 142841 August 14, 2026 Supervision Form ADV Part 2B, Item 6 Mr. Sean Butson, as Member and Chief Compliance Officer of DC Capital Management, LLC, is responsible for supervision. He may be contacted at the phone number on this brochure supplement. 3