Director Vincent Foster adds MAIN shares through dividend reinvestment plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Main Street Capital CORP director Vincent D. Foster increased his stake through dividend reinvestments. On March 13 and March 27, he acquired a total of 3,136.0254 shares of common stock at prices of $54.66 and $52.92 per share under a dividend reinvestment plan.
Following these transactions, Foster directly owned 1,740,359.2838 shares of Main Street Capital common stock. Additional shares are held indirectly in several family trusts, reflecting a substantial ongoing equity position aligned with dividend payouts rather than open-market trading.
Positive
- None.
Negative
- None.
Insider Trade Summary
8 transactions reported
Mixed
8 txns
Insider
FOSTER VINCENT D
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 15.85 | $52.92 | $838.78 |
| Other | Common Stock | 1,693.055 | $52.92 | $90K |
| Other | Common Stock | 13.24 | $54.66 | $723.70 |
| Other | Common Stock | 1,413.88 | $54.66 | $77K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,738,666.228 shares (Direct);
Common Stock — 35,307.474 shares (Indirect, MS Trust I)
Footnotes (1)
- 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. Family trust
Key Figures
Dividend reinvestment shares: 3,136.0254 shares
Reinvestment price March 13: $54.66 per share
Reinvestment price March 27: $52.92 per share
+5 more
8 metrics
Dividend reinvestment shares
3,136.0254 shares
Total common shares acquired via dividend reinvestment in March 2026
Reinvestment price March 13
$54.66 per share
Price used for dividend reinvestment on March 13, 2026
Reinvestment price March 27
$52.92 per share
Price used for dividend reinvestment on March 27, 2026
Direct holdings after transactions
1,740,359.2838 shares
Main Street Capital common stock directly owned after March 27, 2026
MS Trust I holdings
35,307.4742 shares
Indirect Main Street Capital common stock held by MS Trust I
MS Trust II holdings
34,557.0000 shares
Indirect Main Street Capital common stock held by MS Trust II
MS Trust III holdings
34,557.0000 shares
Indirect Main Street Capital common stock held by MS Trust III
MS Trust V holdings
33,300.0000 shares
Indirect Main Street Capital common stock held by MS Trust V
Key Terms
dividend reinvestment plan, Rule 16a-11, Section 16, family trust
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.
Rule 16a-11 regulatory
"dividend reinvestment transaction exempt from Section 16 under Rule 16a-11"
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.
family trust financial
"Family trust"
FAQ
What insider activity did Main Street Capital (MAIN) disclose in this Form 4?
The filing shows director Vincent D. Foster acquired additional Main Street Capital common shares through a dividend reinvestment plan, rather than open-market trades, modestly increasing his equity position while reinvesting cash dividends back into the company’s stock.
What is Vincent D. Foster’s direct Main Street Capital (MAIN) ownership after the transactions?
After the March dividend reinvestment transactions, Foster directly owned 1,740,359.2838 Main Street Capital common shares. This figure reflects only his direct holdings and excludes additional shares reported as indirectly owned through various family trusts listed in the filing.
How are Main Street Capital (MAIN) family trust holdings reported in this Form 4?
The Form 4 lists indirect holdings in several family trusts, including MS Trust I, MS Trust II, MS Trust III, and MS Trust V. Each trust’s total Main Street Capital share balance is reported separately, indicating indirect ownership associated with Foster but distinct from his direct shareholdings.