Main Street Capital (NYSE: MAIN) president adds 110 shares via dividend reinvestment
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Main Street Capital CORP president, CIO and senior managing director David L. Magdol reported routine share activity through the company’s dividend reinvestment plan. On February 13, 2026, he acquired a total of 110.1235 shares of common stock at prices of $59.5771 and $60.8900 per share in two small transactions classified as “other acquisition or disposition.” Following these transactions, his direct holdings increased to 404,901.0290 shares of common stock. The filing notes that these shares were acquired under a dividend reinvestment transaction exempt from Section 16 under Rule 16a-11, highlighting that this is a mechanistic reinvestment of dividends rather than an open-market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Magdol David L.
Role
PRESIDENT, CIO AND SMD
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 57.314 | $59.5771 | $3K |
| Other | Common Stock | 52.81 | $60.89 | $3K |
Holdings After Transaction:
Common Stock — 404,848.219 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did MAIN’s David L. Magdol report?
David L. Magdol reported acquiring additional Main Street Capital common shares through a dividend reinvestment plan. Two small transactions on February 13, 2026, totaled 110.1235 shares classified as “other acquisition or disposition,” reflecting routine dividend reinvestment activity rather than open-market trading.
What is David L. Magdol’s total Main Street Capital (MAIN) holding after the transactions?
After these dividend reinvestment transactions, Magdol directly holds 404,901.0290 Main Street Capital common shares. This post-transaction balance reflects the incremental addition of 110.1235 shares, indicating a small, routine increase in his equity position through automatic dividend reinvestment.
Were Magdol’s MAIN transactions open-market buys or part of a plan?
The transactions were part of a dividend reinvestment plan, not open-market purchases. A footnote states he acquired the shares in a dividend reinvestment transaction that is exempt from Section 16 under Rule 16a-11, indicating automated reinvestment of dividends into additional company shares.
How are the MAIN insider transactions classified in this Form 4?
Both transactions are coded “J” and described as “other acquisition or disposition” of non-derivative common stock. The transaction summary treats them as restructuring-type events, with 110.1235 shares categorized under restructuringShares, reflecting mechanical dividend reinvestment rather than discretionary buying or selling.
What role does David L. Magdol hold at Main Street Capital (MAIN)?
Magdol serves as president, chief investment officer and senior managing director at Main Street Capital. His Form 4 filing reports routine acquisition of 110.1235 common shares via the dividend reinvestment plan, bringing his directly owned position to 404,901.0290 shares of the company’s stock.