Main Street Capital (MAIN) insider adds shares via dividend reinvestment
Rhea-AI Filing Summary
Main Street Capital CORP officer David L. Magdol reported multiple acquisitions of common stock through a dividend reinvestment plan. On June 15, 2026 and June 29, 2026, and July 15, 2026, he acquired an aggregate of 335.3232 shares via dividend reinvestment transactions, at per-share prices ranging from $51.01 to $53.50. These transactions are described as exempt from Section 16 under Rule 16a-11.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 335.3232 shares
Net Buy
5 txns
Insider
Magdol David L.
Role
PRESIDENT, CIO AND SMD
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock F1 | 66.6139 | $53.50 | $4K |
| Other | Common Stock F1 | 63.947 | $53.09 | $3K |
| Other | Common Stock F1 | 74.904 | $51.01 | $4K |
| Other | Common Stock F1 | 66.5183 | $52.30 | $3K |
| Other | Common Stock F1 | 63.34 | $52.02 | $3K |
Holdings After Transaction:
Common Stock — 441,023.3272 shares (Direct)
Footnotes (1)
- F1. The reporting person acquired these shares under a dividend reinvestment plan, pursuant to a dividend reinvestment transaction exempt from Section 16 under Rule 16a-11.
Key Figures
Shares acquired July 15, 2026 (lot 1): 66.6139 shares at $53.5000 per share
Shares acquired July 15, 2026 (lot 2): 63.9470 shares at $53.0900 per share
Shares acquired June 29, 2026: 74.9040 shares at $51.0100 per share
+3 more
6 metrics
Shares acquired July 15, 2026 (lot 1)
66.6139 shares at $53.5000 per share
Common Stock acquired via dividend reinvestment transaction
Shares acquired July 15, 2026 (lot 2)
63.9470 shares at $53.0900 per share
Common Stock acquired via dividend reinvestment transaction
Shares acquired June 29, 2026
74.9040 shares at $51.0100 per share
Common Stock acquired via dividend reinvestment transaction
Shares acquired June 15, 2026 (lot 1)
66.5183 shares at $52.3000 per share
Common Stock acquired via dividend reinvestment transaction
Shares acquired June 15, 2026 (lot 2)
63.3400 shares at $52.0200 per share
Common Stock acquired via dividend reinvestment transaction
Total restructuring shares
335.3232 shares
Aggregate shares from restructuring-type (J code) acquisitions
Key Terms
dividend reinvestment plan, Section 16, Rule 16a-11, Other acquisition or disposition
4 terms
dividend reinvestment plan financial
"The reporting person acquired these shares under a dividend reinvestment plan"
A dividend reinvestment plan lets shareholders automatically use cash dividends to buy more shares of the same company instead of receiving the money. It matters to investors because it turns regular payouts into a steady way to grow ownership and take advantage of compound returns—like having your savings automatically buy additional slices of a pie over time—while often reducing transaction costs and smoothing purchase timing.
Section 16 regulatory
"dividend reinvestment transaction exempt from Section 16 under Rule 16a-11"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
Rule 16a-11 regulatory
"transaction exempt from Section 16 under Rule 16a-11"
Other acquisition or disposition financial
"transaction code "J" described as Other acquisition or disposition"
FAQ
What insider activity did MAIN report for David L. Magdol on this Form 4?
David L. Magdol reported acquiring 335.3232 shares of Main Street Capital common stock through a dividend reinvestment plan on June 15, June 29, and July 15, 2026, in transactions exempt under Rule 16a-11.
Were David L. Magdol’s MAIN transactions part of a dividend reinvestment plan and exempt under Rule 16a-11?
Yes. The footnote states he acquired these shares under a dividend reinvestment plan, in dividend reinvestment transactions exempt from Section 16 under Rule 16a-11, clarifying their regulatory treatment.
AI-generated analysis. How Rhea-AI works. Not financial advice.