Main Street Capital Executive Plans 35,000 Share Sale Following Vesting Period
Rhea-AI Filing Summary
Main Street Capital Corp Form 144 filing discloses a proposed sale of securities by Executive Officer Jesse E. Morris. The planned transaction involves 35,000 shares of common stock with an aggregate market value of $2,076,200, to be executed through Raymond James & Associates on the NYSE around June 27, 2025.
The shares were acquired through restricted stock vesting between April 1, 2023, and April 1, 2024, as part of compensation. Key details include:
- Total outstanding shares: 89,029,361
- Sale represents approximately 0.04% of outstanding shares
- No other securities were sold by the insider in the past 3 months
- Trading execution planned through Raymond James & Associates
The filing includes standard attestation that the seller has no knowledge of undisclosed material adverse information regarding the company's operations. The notice was signed by Jason B. Beauvais as Attorney-in-Fact.
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