Main Street Capital director reinvests dividends in stock
Main Street Capital director Stephen B. Solcher increased his holdings through dividend reinvestment.
Rhea-AI Filing Summary
Main Street Capital director Stephen B. Solcher increased his holdings through dividend reinvestment. On March 13, he received 186.207 shares of common stock at $54.89 per share under a dividend reinvestment plan. On March 27, he received another 229.948 shares at $51.53 per share through the same plan.
Both transactions are coded as other acquisitions under a dividend reinvestment plan that is exempt from Section 16 under Rule 16a-11. After these transactions, Solcher directly held about 50,609.0777 shares of Main Street Capital common stock, indicating routine, incremental reinvestment rather than open-market trading.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 229.948 | $51.53 | $12K |
| Other | Common Stock | 186.207 | $54.89 | $10K |
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
Key Terms
dividend reinvestment plan financial
Section 16 regulatory
Rule 16a-11 regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider activity did Main Street Capital (MAIN) report for Stephen B. Solcher?
What does transaction code J mean in the Main Street Capital (MAIN) Form 4?
Is Stephen B. Solcher’s Main Street Capital (MAIN) activity open-market buying or selling?
AI-generated analysis. How Rhea-AI works. Not financial advice.