Main Street Capital director gifts 142,000 shares
Main Street Capital CORP director Vincent D. Foster reported several non-market transactions in the company’s common stock.
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Form Type
4
Rhea-AI Filing Summary
Main Street Capital CORP director Vincent D. Foster reported several non-market transactions in the company’s common stock. On May 18, 2026, he made bona fide gifts totaling 142,000 shares, including 71,000 shares from his direct holdings and additional shares from family trusts for the benefit of children.
Following the direct gift, he continued to hold 1,672,857.2277 shares directly. On May 15, 2026, he also reported small “J” code transactions totaling 1,562.1432 shares at $50.69 per share, which a footnote describes as acquisitions under a dividend reinvestment plan exempt from Section 16 under Rule 16a-11.
Insider Trade Summary
142,000 shares gifted
Gift
7 txns
Insider
FOSTER VINCENT D
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 71,000 | $0.00 | $0.00 |
| Gift | Common Stock | 35,500 | $0.00 | $0.00 |
| Gift | Common Stock | 35,500 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| Other | Common Stock | 14.49 | $50.69 | $734.50 |
| Other | Common Stock | 1,547.6532 | $50.69 | $78K |
Holdings After Transaction:
Common Stock — 1,672,857.2277 shares (Direct);
Common Stock — 70,807.4742 shares (Indirect, MS Trust I);
Common Stock — 70,057 shares (Indirect, MS Trust III);
Common Stock — 34,557 shares (Indirect, MS Trust II);
Common Stock — 33,300 shares (Indirect, MS Trust V)
Footnotes (3)
- 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.
- F2. Shares gifted to family trusts for the benefit of children.
- F3. Family trust
Key Figures
Total gifted shares: 142,000 shares
Direct gift: 71,000 shares
Trust gift MS Trust III: 35,500 shares
+4 more
7 metrics
Total gifted shares
142,000 shares
Bona fide gifts of common stock reported on May 18, 2026
Direct gift
71,000 shares
G-code gift from direct holdings; total direct shares then 1,672,857.2277
Trust gift MS Trust III
35,500 shares
G-code gift from MS Trust III; 70,057.0000 shares reported following
Trust gift MS Trust I
35,500 shares
G-code gift from MS Trust I; 70,807.4742 shares reported following
Direct holdings after gift
1,672,857.2277 shares
Common stock directly owned after May 18, 2026 gift
Reinvestment transactions
1,562.1432 shares
Two J-code entries on May 15, 2026 at $50.69 under dividend reinvestment plan
Dividend reinvestment price
$50.69 per share
Price reported for J-code transactions acquired under dividend reinvestment plan
Key Terms
bona fide gift, dividend reinvestment plan, Rule 16a-11, Section 16, +1 more
5 terms
bona fide gift financial
"transaction_code_description: "Bona fide gift" for several G-code entries"
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
dividend reinvestment plan financial
"footnote: "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.
Rule 16a-11 regulatory
"footnote: "exempt from Section 16 under Rule 16a-11""
Section 16 regulatory
"footnote: "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.
indirect ownership financial
"ownership_type: "indirect" with nature_of_ownership "MS Trust" entries"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did MAIN director Vincent D. Foster report on this Form 4?
Vincent D. Foster reported gifts and small reinvestment-related transactions in Main Street Capital CORP stock. He made bona fide gifts of 142,000 common shares and recorded minor “J” code transactions tied to a dividend reinvestment plan, rather than open-market buying or selling.
What is the nature of the “G” code transactions reported for MAIN on May 18, 2026?
The “G” code transactions are reported as bona fide gifts of Main Street Capital stock. On May 18, 2026, Foster transferred shares at a stated price of $0.00 per share, reflecting non-market gifts from both direct and trust holdings to family trusts benefiting his children.
What do the “J” code transactions mean in this MAIN Form 4 filing?
The “J” code entries represent other types of acquisition or disposition transactions. On May 15, 2026, Foster reported 1,562.1432 shares at $50.69 per share, with a footnote explaining they were acquired under a dividend reinvestment plan exempt from Section 16 under Rule 16a-11.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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