Main Street Capital (NYSE: MAIN) officer acquires shares through dividend reinvestment plan

Rhea-AI Filing Summary

Main Street Capital CORP officer Ryan McHugh reported small, routine changes in his holdings of common stock tied to the company’s dividend reinvestment plan. He acquired a total of about 68.115 shares at $56.39 per share through transactions coded as “other.”

Following these transactions, McHugh directly holds roughly 19,758 shares of Main Street Capital common stock. The filing describes the activity as a dividend reinvestment transaction exempt from Section 16 under Rule 16a-11, indicating a mechanistic reinvestment of dividends rather than open-market trading.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider McHugh Ryan

Role VP, CAO & Assistant Treasurer

Type	Security	Shares	Price	Value
Other	Common Stock	36.955	$56.39	$2K
Other	Common Stock	31.16	$56.39	$2K

Holdings After Transaction: Common Stock — 19,757.957 shares (Direct, null)

Footnotes (1)

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Key Figures

Dividend reinvestment shares: 68.115 shares Dividend reinvestment price: $56.39 per share Post-transaction holdings: 19,757.9569 shares +1 more

4 metrics

Dividend reinvestment shares 68.115 shares Total shares in J-code dividend reinvestment transactions

Dividend reinvestment price $56.39 per share Price applied to common stock in DRIP transactions

Post-transaction holdings 19,757.9569 shares Direct Main Street Capital common stock after Form 4 transactions

Restructuring transactions count 2 transactions J-code ‘other’ non-derivative entries on Form 4

Key Terms

dividend reinvestment plan, Section 16, Rule 16a-11, Form 4

4 terms

dividend reinvestment plan financial

"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."

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

"pursuant to a 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

"pursuant to a dividend reinvestment transaction exempt from Section 16 under Rule 16a-11."

Form 4 regulatory

"INSIDER FILING DATA (Form 4):"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED 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^*

McHugh Ryan

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	VP, CAO & Assistant Treasurer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/15/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	04/15/2026		J(1)	V	36.955	A	$56.39	19,757.9569	D
Common Stock	04/15/2026		J(1)	V	31.16	A	$56.39	19,789.1169	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount 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-Fact	05/06/2026
	** Signature of Reporting Person	Date
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’s Ryan McHugh report on this Form 4?

Ryan McHugh reported small, routine changes in Main Street Capital (MAIN) common stock holdings. He acquired shares through a dividend reinvestment plan, reflecting automatic reinvestment of dividends rather than discretionary open-market purchases or sales.

How many MAIN shares were involved in Ryan McHugh’s latest Form 4?

The Form 4 shows transactions totaling about 68.115 shares of Main Street Capital common stock. These were processed at a reported price of $56.39 per share as part of a dividend reinvestment plan transaction described as exempt under Rule 16a-11.

What is Ryan McHugh’s MAIN shareholding after these transactions?

After the reported transactions, Ryan McHugh directly holds roughly 19,758 shares of Main Street Capital common stock. This figure reflects his position following the dividend reinvestment plan activity disclosed in the Form 4, according to the filing’s post-transaction share balances.

Were the MAIN transactions by Ryan McHugh open-market buys or sells?

No, the transactions were not open-market buys or sells. The filing codes them as “other” and explains that the shares were acquired through a dividend reinvestment plan, a mechanistic process that reinvests cash dividends into additional shares automatically.

What does Rule 16a-11 mean for this MAIN Form 4 dividend reinvestment?

Rule 16a-11 provides an exemption under Section 16 for certain dividend reinvestment transactions. In this case, Main Street Capital’s Form 4 notes that McHugh’s share acquisitions under the dividend reinvestment plan qualify for this exemption, underscoring the routine, automatic nature of the activity.