Main Street Capital (MAIN) director acquires 875 shares through dividend reinvestment
Rhea-AI Filing Summary
Main Street Capital CORP director Jon Kevin Griffin reported a series of acquisitions of Common Stock through a dividend reinvestment plan. On 2026-06-15, 2026-06-29, and 2026-07-15, he acquired an aggregate of 875.383 shares in six transactions at per-share prices ranging from $51.01 to $53.41. The footnote states these were dividend reinvestment transactions exempt from Section 16 under Rule 16a-11.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 875.383 shares
Net Buy
6 txns
Insider
Griffin Jon Kevin
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock F1 | 22.217 | $53.09 | $1K |
| Other | Common Stock F1 | 253.461 | $53.41 | $14K |
| Other | Common Stock F1 | 26.024 | $51.01 | $1K |
| Other | Common Stock F1 | 295.514 | $51.56 | $15K |
| Other | Common Stock F1 | 22.006 | $52.02 | $1K |
| Other | Common Stock F1 | 256.161 | $51.29 | $13K |
Holdings After Transaction:
Common Stock — 74,662.628 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
Total shares acquired: 875.383 shares
Lowest reported price: $51.0100 per share
Highest reported price: $53.4100 per share
+3 more
6 metrics
Total shares acquired
875.383 shares
Aggregate restructuring/acquisition shares across six J-code transactions
Lowest reported price
$51.0100 per share
Dividend reinvestment acquisition on 2026-06-29
Highest reported price
$53.4100 per share
Dividend reinvestment acquisition on 2026-07-15
Shares acquired 2026-06-15
278.167 shares
Two J-code dividend reinvestment transactions on 2026-06-15
Shares acquired 2026-06-29
321.538 shares
Two J-code dividend reinvestment transactions on 2026-06-29
Shares acquired 2026-07-15
275.678 shares
Two J-code dividend reinvestment transactions on 2026-07-15
Key Terms
dividend reinvestment plan, dividend reinvestment transaction, Section 16, Rule 16a-11
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.
dividend reinvestment transaction financial
"pursuant to a dividend reinvestment transaction exempt from Section 16"
A dividend reinvestment transaction is when an investor uses cash dividends paid by a company to automatically buy more of that company's shares instead of taking the money as cash. Like choosing to roll interest back into a savings account, it increases your share count over time and can speed up growth through compounding, so investors care because it changes ownership stake, long‑term returns, and sometimes tax or record‑keeping implications.
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
"transaction exempt from Section 16 under Rule 16a-11"
FAQ
What insider transactions did Main Street Capital (MAIN) report for Jon Kevin Griffin?
Main Street Capital reported that director Jon Kevin Griffin acquired 875.383 shares of Common Stock in six transactions through a dividend reinvestment plan on 2026-06-15, 2026-06-29, and 2026-07-15.
Were the MAIN Form 4 transactions open-market buys or dividend reinvestments?
The Form 4 states that all reported transactions were dividend reinvestment acquisitions under a dividend reinvestment plan, not open-market purchases, and are described as transactions exempt from Section 16 under Rule 16a-11.
What prices were reported for Jon Kevin Griffin’s MAIN dividend reinvestment transactions?
Reported per-share prices ranged from $51.01 to $53.41. Individual transactions were priced at $51.01, $51.56, $51.29, $52.02, $53.09, and $53.41 for the respective share amounts acquired under the dividend reinvestment plan.
Are Jon Kevin Griffin’s MAIN dividend reinvestment transactions under a Rule 10b5-1 plan?
The filing’s Rule 10b5-1 checkbox is not marked as affirmative, and the footnote instead describes the acquisitions as dividend reinvestment transactions exempt from Section 16 under Rule 16a-11, without citing a 10b5-1 plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
