Main Street Capital (MAIN) EVP boosts holdings through dividend reinvestment plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Main Street Capital’s EVP, GC and Secretary, Jason B. Beauvais, reported an automatic adjustment to his holdings through the company’s dividend reinvestment plan. He acquired 110.332 shares of common stock at $50.69 per share under this plan, an exempt transaction under Rule 16a-11. After this dividend reinvestment, he directly holds 203,014.9099 shares of Main Street Capital common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Beauvais Jason B
Role
EVP, GC, SECRETARY
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 110.332 | $50.69 | $6K |
Holdings After Transaction:
Common Stock — 203,014.91 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares acquired: 110.332 shares
Price per share: $50.69 per share
Shares held after transaction: 203,014.9099 shares
+2 more
5 metrics
Shares acquired
110.332 shares
Dividend reinvestment plan transaction on 2026-05-15
Price per share
$50.69 per share
Dividend reinvestment plan conversion price
Shares held after transaction
203,014.9099 shares
Direct ownership following dividend reinvestment
Transaction code
J
Other acquisition or disposition under Form 4
Restructuring shares classified
110.332 shares
transactionSummary restructuringShares
Key Terms
dividend reinvestment plan, Section 16, Rule 16a-11, transaction code J
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
"dividend reinvestment transaction exempt from Section 16 under Rule 16a-11."
transaction code J regulatory
"transaction_code": "J","transaction_code_description": "Other acquisition or disposition""
FAQ
What insider transaction did MAIN executive Jason B. Beauvais report?
Jason B. Beauvais reported acquiring 110.332 Main Street Capital common shares. The shares were obtained automatically through a dividend reinvestment plan at $50.69 per share, reflecting reinvested dividends rather than an open-market purchase or sale.
Was Jason B. Beauvais’s MAIN transaction a market buy or sell?
The filing shows an “other transaction” code J, not a market buy or sell. According to the footnote, the 110.332 shares were acquired under a dividend reinvestment plan, which automatically reinvests dividends instead of involving discretionary trading activity.
How is Jason B. Beauvais’s MAIN dividend reinvestment treated under Section 16?
The transaction is described as a dividend reinvestment transaction exempt from Section 16 under Rule 16a-11. This means the automatic acquisition of 110.332 shares through the dividend reinvestment plan qualifies for a specific exemption from certain Section 16 reporting implications.