Dividend reinvestment lifts Main Street Capital (NYSE: MAIN) director stake
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Main Street Capital director John Earl Jackson reported multiple small Common Stock adjustments tied to a dividend reinvestment plan. On March 13 and March 27, a total of 697.928 shares were recorded across several transactions at prices around the low-to-mid $50s per share.
The filing notes these shares were acquired through a dividend reinvestment transaction that is exempt from Section 16 under Rule 16a-11, indicating a routine, plan-based mechanism rather than open‑market trading. After these entries, Jackson held 81,869.6019 shares directly and 2,007 shares indirectly through his wife.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
JACKSON JOHN EARL
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 104.489 | $52.92 | $6K |
| Other | Common Stock | 274.719 | $51.53 | $14K |
| Other | Common Stock | 87.259 | $54.66 | $5K |
| Other | Common Stock | 222.461 | $54.89 | $12K |
| Other | Common Stock | 9 | $55.08 | $495.72 |
Holdings After Transaction:
Common Stock — 81,594.883 shares (Direct);
Common Stock — 2,007 shares (Indirect, By Wife)
Footnotes (1)
- [object Object]
Key Figures
Dividend reinvestment shares: 697.928 shares
Price per share (March 27, 2026): $52.92/share
Price per share (March 27, 2026): $51.53/share
+3 more
6 metrics
Dividend reinvestment shares
697.928 shares
Total J-code restructuring shares reported in March 2026
Price per share (March 27, 2026)
$52.92/share
104.489 shares of Common Stock via DRIP
Price per share (March 27, 2026)
$51.53/share
274.719 shares of Common Stock via DRIP
Price per share (March 13, 2026)
$54.66-$55.08/share
Three Common Stock DRIP entries including indirect holding
Direct holdings after transactions
81,869.6019 shares
Main Street Capital Common Stock held directly by Jackson
Indirect holdings after transactions
2,007 shares
Common Stock held indirectly by wife
Key Terms
dividend reinvestment plan, Section 16, Rule 16a-11, transaction code J, +1 more
5 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"
transaction code J regulatory
"transaction_code": "J""
indirect ownership financial
""direct_or_indirect": "I", "nature_of_ownership": "By Wife""