Dividend reinvestment boosts Main Street Capital (NYSE: MAIN) holdings
Rhea-AI Filing Summary
Main Street Capital executive Jason B. Beauvais reported routine share acquisitions through the company’s dividend reinvestment plan. As EVP, General Counsel and Secretary of Main Street Capital Corp., he acquired 97.652 shares of common stock on 12/15/2025 at $62.05 per share, bringing his directly held stake to 181,717.6499 shares. He later acquired an additional 117.786 shares on 12/29/2025 at $60.77 per share, increasing his direct holdings to 181,835.4359 shares.
The filing explains that these purchases were made under a dividend reinvestment plan in a transaction type that is exempt from Section 16 under Rule 16a-11. This indicates the new shares were received by automatically reinvesting cash dividends rather than open-market buying or discretionary trades.
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FAQ
What insider activity did MAIN report for Jason B. Beauvais?
MAIN reported that Jason B. Beauvais, its EVP, General Counsel and Secretary, acquired additional common stock through a dividend reinvestment plan on two December 2025 dates, modestly increasing his direct holdings.
How many Main Street Capital (MAIN) shares did Beauvais acquire?
Beauvais acquired 97.652 shares of common stock on 12/15/2025 at $62.05 per share and 117.786 shares on 12/29/2025 at $60.77 per share under the dividend reinvestment plan.
What is Jason B. Beauvais’s MAIN shareholding after these transactions?
After the 12/15/2025 dividend reinvestment, Beauvais directly held 181,717.6499 shares of Main Street Capital common stock. Following the 12/29/2025 reinvestment, his direct holdings increased to 181,835.4359 shares.
Were Beauvais’s MAIN share acquisitions open-market purchases?
No. The filing states that the reporting person acquired these shares under a dividend reinvestment plan, meaning cash dividends were automatically reinvested into additional Main Street Capital common shares.
Are Beauvais’s dividend reinvestment transactions exempt from Section 16?
Yes. The explanation notes that these shares were acquired in a dividend reinvestment transaction that is exempt from Section 16 under Rule 16a-11.
Does Beauvais hold Main Street Capital (MAIN) shares directly or indirectly?
The reported holdings after each transaction are shown as Direct (D) ownership, indicating the shares are directly owned by Jason B. Beauvais rather than through an intermediate entity.