Main Street Capital (NYSE: MAIN) insider adds via DRIP shares
Rhea-AI Filing Summary
Main Street Capital Corp.'s President, CIO and Senior Managing Director David L. Magdol reported small automatic share acquisitions through a dividend reinvestment plan. On December 15, 2025, he acquired 55.0695 shares of common stock at $60.3105 per share and 50.16 shares at $62.05 per share. On December 29, 2025, he acquired an additional 60.502 shares at $60.77 per share. Following the latest transaction, he directly beneficially owned about 404,686.1692 shares of Main Street Capital common stock. The filing notes these acquisitions were made under a dividend reinvestment plan in a transaction type that is exempt from Section 16 under Rule 16a-11, meaning dividends were automatically used to purchase additional shares.
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FAQ
What insider transaction did MAIN’s David L. Magdol report on this Form 4?
David L. Magdol, President, CIO and Senior Managing Director of Main Street Capital Corp., reported acquiring small amounts of common stock through a dividend reinvestment plan on December 15, 2025 and December 29, 2025.
How many Main Street Capital (MAIN) shares did David L. Magdol acquire under the dividend reinvestment plan?
He acquired 55.0695 shares at $60.3105 and 50.16 shares at $62.05 on December 15, 2025, and 60.502 shares at $60.77 on December 29, 2025 under the dividend reinvestment plan.
How many MAIN shares does David L. Magdol own after these dividend reinvestment transactions?
After the December 29, 2025 transaction, David L. Magdol directly beneficially owned about 404,686.1692 shares of Main Street Capital common stock.
What is the nature of the transactions reported by David L. Magdol in MAIN stock?
The transactions are coded as J and, according to the explanation, represent shares acquired under a dividend reinvestment plan, where cash dividends are automatically used to buy additional shares.
Are David L. Magdol’s Main Street Capital dividend reinvestment transactions exempt from Section 16 reporting rules?
The explanation states that the shares were acquired under a dividend reinvestment plan in a transaction exempt from Section 16 under Rule 16a-11, which covers certain dividend reinvestment arrangements.
Does David L. Magdol hold his MAIN shares directly or indirectly after these transactions?
The filing lists his ownership of 404,686.1692 Main Street Capital common shares as Direct (D) beneficial ownership, with no indirect ownership nature specified.