MAIN Form 4: Insider acquires 94.956 shares, gifts 500 shares

Jason B. Beauvais, Executive Vice President, General Counsel and Secretary of Main Street Capital Corporation (MAIN), reported two Section 16 transactions.

Rhea-AI Filing Summary

Jason B. Beauvais, Executive Vice President, General Counsel and Secretary of Main Street Capital Corporation (MAIN), reported two Section 16 transactions. On 07/15/2025 he acquired 94.956 shares of Common Stock through a dividend reinvestment plan at an indicated price of $63.57 per share, increasing his beneficial ownership to 181,740.1069 shares. The filing states this reinvestment was exempt under Rule 16a-11.

On 08/14/2025 he transferred 500 shares as a gift (reported as a disposition at $0), reducing his beneficial ownership to 181,240.1069 shares. The filing notes the gift was exempt under Rule 16b-5. The document is a single-report Form 4 signed by Mr. Beauvais.

Positive

• Disclosure appears timely and complete, including signatures and explanation of exemptions
• Dividend reinvestment participation shows alignment with company dividend policy and uses Rule 16a-11 exemption

Negative

• Transfer of 500 shares as a gift reduced beneficial ownership, though the filing specifies it was a gift and exempt

Insights

Securities Analyst

TL;DR: Routine insider activity: small dividend reinvestment purchase and a minor gift transfer, no indication of material change in control.

The reported 94.956-share acquisition via dividend reinvestment is a standard, exempt Section 16 reinvestment and does not signal a new strategic position. The 500-share disposition is described as a gift and reported at $0, consistent with a personal transfer rather than a market sale. Combined, these moves change beneficial ownership by 0.27% of the reported post-transaction holdings (500/181,740), which is immaterial to corporate control or market perception. Filing is timely and properly signed.

Corporate Governance Expert

TL;DR: Compliance-focused disclosure showing routine insider transactions and use of applicable Section 16 exemptions.

The Form 4 documents use of Rule 16a-11 for dividend reinvestment and Rule 16b-5 for a gift exemption, indicating adherence to common compliance pathways for insiders. The remaining beneficial ownership (181,240.1069 shares) is clearly stated after transactions. No amendments or multiple filers are indicated. From a governance perspective, disclosures appear complete for the events reported.

Insider Trade Summary

500 shares gifted

Gift 2 txns

Insider Beauvais Jason B

Role EVP, GC, SECRETARY

Type	Security	Shares	Price	Value
Gift	Common Stock	500	$0.00	$0.00
Other	Common Stock	94.956	$63.57	$6K

Holdings After Transaction: Common Stock — 181,240.1069 shares (Direct)

Footnotes (2)

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.
2. F2. The reporting person transferred these shares as a gift pursuant to a transaction exempt from Section 16(b) under Rule 16b-5.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What transactions did MAIN insider Jason B. Beauvais report on Form 4?

He reported acquiring 94.956 shares via dividend reinvestment on 07/15/2025 and transferring 500 shares as a gift on 08/14/2025.

How many MAIN shares does Jason B. Beauvais beneficially own after these transactions?

The filing reports 181,240.1069 shares beneficially owned following the 08/14/2025 transaction.

At what price were the reported transactions executed?

The dividend reinvestment shows an indicated price of $63.57; the gift transfer is reported at $0.

Were any Section 16 exemptions cited in the Form 4 for MAIN?

Yes. The acquisition via dividend reinvestment was described as exempt under Rule 16a-11 and the gift transfer as exempt under Rule 16b-5.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 08/14/2025 - 04:48 PM Learn about SEC filing dates

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^*

Beauvais Jason B

(Last) (First) (Middle)

1300 POST OAK BLVD, 8TH FLOOR

(Street)

HOUSTON TX 77056

(City) (State) (Zip)

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)
	EVP, GC, SECRETARY

3. Date of Earliest Transaction (Month/Day/Year)
08/14/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

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

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	07/15/2025		J(1)	V	94.956	A	$63.57	181,740.1069	D
Common Stock	08/14/2025		G(2)		500	D	$0	181,240.1069	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.

2. The reporting person transferred these shares as a gift pursuant to a transaction exempt from Section 16(b) under Rule 16b-5.

	/s/ Jason B. Beauvais	08/14/2025
	** 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.