STOCK TITAN

Dividend reinvestment lifts Main Street Capital (MAIN) director holdings

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

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 SOLCHER STEPHEN B
Role Director
Type Security Shares Price Value
Other Common Stock 229.948 $51.53 $12K
Other Common Stock 186.207 $54.89 $10K
Holdings After Transaction: Common Stock — 50,609.078 shares (Direct)
Footnotes (1)
  1. [object Object]
Dividend reinvestment on March 13 186.207 shares at $54.89 Common Stock acquired via dividend reinvestment plan
Dividend reinvestment on March 27 229.948 shares at $51.53 Common Stock acquired via dividend reinvestment plan
Total shares after latest transaction 50,609.0777 shares Direct ownership following March 27 transaction
Restructuring-designated shares 416.155 shares Total shares from code J transactions in summary
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"
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
SOLCHER STEPHEN B

(Last)(First)(Middle)
1300 POST OAK BLVD
8TH FLOOR

(Street)
HOUSTON TEXAS 77056

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Main Street Capital CORP [ MAIN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/13/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock03/13/2026J(1)V186.207A$54.8950,379.1297D
Common Stock03/27/2026J(1)V229.948A$51.5350,609.0777D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
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.
/s/ Jason B. Beauvais, Attorney-in-Fact04/03/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider activity did Main Street Capital (MAIN) report for Stephen B. Solcher?

Director Stephen B. Solcher reported two small stock acquisitions via a dividend reinvestment plan. He received 186.207 shares on March 13 and 229.948 shares on March 27, both coded as other acquisitions exempt under Rule 16a-11.

How many Main Street Capital (MAIN) shares does Stephen B. Solcher now hold?

Following the March 27 dividend reinvestment transaction, Stephen B. Solcher directly holds about 50,609.0777 shares of Main Street Capital common stock. This reflects incremental increases from routine dividend reinvestment rather than large discretionary market purchases or sales.

At what prices were the Main Street Capital (MAIN) dividend reinvestment shares acquired?

The dividend reinvestment transactions credited shares at two prices: $54.89 per share on March 13 for 186.207 shares, and $51.53 per share on March 27 for 229.948 shares. These prices reflect the terms of the company’s dividend reinvestment plan.

What does transaction code J mean in the Main Street Capital (MAIN) Form 4?

Transaction code J on this Form 4 indicates an “other acquisition or disposition.” Here, the footnote explains the code reflects shares acquired under a dividend reinvestment plan, treated as exempt from Section 16 reporting rules under SEC Rule 16a-11.

Is Stephen B. Solcher’s Main Street Capital (MAIN) activity open-market buying or selling?

The reported activity is not open-market trading. Instead, Solcher’s holdings increased through automatic dividend reinvestment plan purchases, classified as other acquisitions and specifically noted as exempt from Section 16 under Rule 16a-11 in the filing’s footnote.