Main Street CEO acquires 406.584 shares via DRIP
Main Street Capital CORP (MAIN) reported that director and CEO Dwayne L. Hyzak acquired 406.584 shares of common stock on August 14, 2026 through a dividend reinvestment transaction.
Rhea-AI Filing Summary
Main Street Capital CORP (MAIN) reported that director and CEO Dwayne L. Hyzak acquired 406.584 shares of common stock on August 14, 2026 through a dividend reinvestment transaction. The shares were credited at $59.23 per share, bringing his directly held position to 508,681.3696 shares of common stock.
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Insider Trade Summary
Other: 406.584 shares
Other
1 txn
Insider
Hyzak Dwayne L.
Role
CEO, SMD
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock F1 | 406.584 | $59.23 | $24K |
Holdings After Transaction:
Common Stock — 508,681.3696 shares (Direct)
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
Shares acquired: 406.584 shares
Price per share: $59.23 per share
Total direct holdings after transaction: 508,681.3696 shares
+1 more
4 metrics
Shares acquired
406.584 shares
Common stock acquired on August 14, 2026 via dividend reinvestment
Price per share
$59.23 per share
Crediting price for the dividend reinvestment acquisition
Total direct holdings after transaction
508,681.3696 shares
Directly held Main Street Capital CORP common stock following the transaction
Transaction date
August 14, 2026
Date of dividend reinvestment acquisition
Key Terms
dividend reinvestment plan, Section 16, Rule 16a-11
3 terms
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"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did MAIN report for Dwayne L. Hyzak?
MAIN reported that CEO and director Dwayne L. Hyzak acquired 406.584 shares of common stock on August 14, 2026 through a dividend reinvestment transaction at $59.23 per share.
Was the MAIN insider transaction a purchase or sale?
The reported MAIN insider transaction was an acquisition of 406.584 common shares by Dwayne L. Hyzak through a dividend reinvestment transaction, not a sale.
Was the MAIN insider transaction made under a Rule 10b5-1 trading plan?
The filing indicates that no Rule 10b5-1 trading plan is affirmed for this transaction; it describes an acquisition under a dividend reinvestment plan instead.
How is the MAIN dividend reinvestment transaction described legally?
The filing states that the CEO acquired these shares under a dividend reinvestment plan in a dividend reinvestment transaction that is described as exempt from Section 16 under Rule 16a-11.
AI-generated analysis. How Rhea-AI works. Not financial advice.