Main Street director adds shares via dividend plan
Main Street Capital CORP director Dunia A. Shive reported an automatic dividend reinvestment transaction in company stock.
Rhea-AI Filing Summary
Main Street Capital CORP director Dunia A. Shive reported an automatic dividend reinvestment transaction in company stock. On May 15, 2026, Shive acquired 108.734 shares of Common Stock at $50.45 per share through the company’s dividend reinvestment plan, rather than via an open-market trade.
After this transaction, Shive directly held a total of 27,147.2313 shares of Main Street Capital CORP Common Stock. The footnote explains that the transaction is exempt from Section 16 under Rule 16a-11, underscoring that this is a routine reinvestment of dividends, not a discretionary market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
Other: 108.734 shares
Other
1 txn
Insider
SHIVE DUNIA A
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 108.734 | $50.45 | $5K |
Holdings After Transaction:
Common Stock — 27,147.2313 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: 108.734 shares
Price per share: $50.45 per share
Shares held after transaction: 27,147.2313 shares
3 metrics
Shares acquired
108.734 shares
Dividend reinvestment on May 15, 2026
Price per share
$50.45 per share
Dividend reinvestment transaction price
Shares held after transaction
27,147.2313 shares
Director’s direct Main Street Capital holdings post-transaction
Key Terms
dividend reinvestment plan, Section 16, Rule 16a-11
3 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
"dividend reinvestment transaction exempt from Section 16 under Rule 16a-11"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Main Street Capital (MAIN) director Dunia A. Shive report on this Form 4?
Dunia A. Shive reported an automatic dividend reinvestment transaction. She obtained additional Main Street Capital Common Stock through the company’s dividend reinvestment plan, which is treated as a routine Section 16-exempt event rather than an open-market trade by the director.
What is Dunia A. Shive’s total Main Street Capital (MAIN) holding after this transaction?
Following the dividend reinvestment, Dunia A. Shive directly held 27,147.2313 Main Street Capital Common Stock shares. This figure reflects her updated position after the 108.734 shares were added, giving investors a clearer view of her ongoing ownership stake in the company.
Was the Main Street Capital (MAIN) transaction an open-market buy or sell?
No, it was not an open-market buy or sell. The filing labels the code as an “other” transaction and the footnote clarifies the shares were acquired through a dividend reinvestment plan, which automatically uses dividends to purchase additional shares on the holder’s behalf.
Why is the Main Street Capital (MAIN) dividend reinvestment transaction exempt under Rule 16a-11?
The filing states the shares were acquired under a dividend reinvestment plan in a transaction exempt from Section 16 under Rule 16a-11. This rule generally exempts routine dividend reinvestments, which occur automatically and are not discretionary trading decisions by insiders.
AI-generated analysis. How Rhea-AI works. Not financial advice.
