Main Street (NYSE: MAIN) COO sells 35,000 shares in August trade
Rhea-AI Filing Summary
Main Street Capital CORP (MAIN) reported that officer Jesse E. Morris, EVP and COO, sold 35,000 shares of common stock on 2026-08-21 in an open-market or private transaction at a weighted average price of $58.55 per share. According to the footnote, these shares were sold in multiple trades at prices ranging from $58.33 to $58.74. Following this sale, Morris directly holds 232,568.4258 shares of Main Street Capital common stock. The filing’s Rule 10b5-1 checkbox was not marked.
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Insights
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Insider Trade Summary
Net Seller: 35,000 shares
Net Sell
1 txn
Insider
Morris Jesse E
Role
EVP AND COO
Sold
35,000 shs ($2.05M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 35,000 | $58.55 | $2.05M |
Holdings After Transaction:
Common Stock — 232,568.4258 shares (Direct)
Footnotes (1)
- F1. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $58.33 to $58.74, inclusive. The reporting person undertakes to provide to Main Street Capital Corporation, any of its security holders or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Key Figures
Shares sold: 35,000 shares
Weighted average sale price: $58.55 per share
Sale price range: $58.33 to $58.74 per share
+1 more
4 metrics
Shares sold
35,000 shares
Common Stock sale by EVP and COO Jesse E. Morris on 2026-08-21
Weighted average sale price
$58.55 per share
Average price for 35,000 Main Street Capital CORP shares sold
Sale price range
$58.33 to $58.74 per share
Range of prices for multiple transactions included in the 35,000-share sale
Shares owned after transaction
232,568.4258 shares
Directly held by Jesse E. Morris after the 2026-08-21 sale
Key Terms
weighted average price, open market or private transaction, Rule 10b5-1
3 terms
weighted average price financial
"The price reported is a <b>weighted average price</b>."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open market or private transaction financial
"Transaction code S described as a sale in an <b>open market or private transaction</b>."
Rule 10b5-1 regulatory
"The filing’s <b>Rule 10b5-1</b> checkbox was not marked."
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
FAQ
What insider transaction did MAIN report for Jesse E. Morris?
MAIN reported that EVP and COO Jesse E. Morris sold 35,000 shares of Main Street Capital common stock on 2026-08-21 in a sale categorized as an open-market or private transaction.
Was the MAIN insider sale by Jesse E. Morris under a Rule 10b5-1 plan?
The filing’s Rule 10b5-1 checkbox is not checked, and there is no footnote indicating a trading plan. The transaction is therefore not identified in the filing as being made under a Rule 10b5-1 trading plan.
How is the sale price range for the MAIN insider transaction described?
A footnote states the reported price is a weighted average, with the individual sale prices for the 35,000 shares ranging from $58.33 to $58.74. The insider has undertaken to provide detailed breakdowns upon request.
AI-generated analysis. How Rhea-AI works. Not financial advice.