Main Street Capital director discloses small DRIP purchases and gift reducing holdings

Rhea-AI Filing Summary

Main Street Capital Corp. director Jon K. Griffin reported multiple changes in his beneficial ownership of MAIN common stock. He acquired 16.591 shares and 185.449 shares through a dividend reinvestment plan at prices of $63.57 and $63.50 per share, respectively, and later transferred 1,505.091 shares as a gift at $0, reducing his beneficial holdings to 68,831.841 shares. The Form 4 indicates the dividend reinvestment purchases were exempt under Rule 16a-11 and the gift transfer was exempt under Rule 16b-5. The submission was filed by an attorney-in-fact on behalf of the reporting person.

Positive

• Dividend reinvestment plan utilized for acquisitions, showing participation in company DRIP
• Exemptions cited (Rule 16a-11 and Rule 16b-5) indicate routine, compliant transaction treatment

Negative

• Gift transfer of 1,505.091 shares reduced beneficial ownership, which may change share count for insider calculations

Insights

Securities Compliance Analyst

TL;DR: Insider made small DRIP purchases then gifted shares; transactions appear routine and exempt under Section 16 rules.

The reported transactions are procedural: two small acquisitions via a dividend reinvestment plan and a subsequent gift transfer. The Form 4 explicitly cites Rule 16a-11 for the DRIP purchases and Rule 16b-5 for the gift exemption, which suggests the reporting person relied on standard Section 16 exemptions. The net change leaves the director with 68,831.841 shares beneficially owned. For compliance reviewers, documentation supporting the exemptions and the gift recipient records would be the primary items to verify.

Corporate Governance Expert

TL;DR: Transactions are non-material for control but relevant to insider holdings transparency.

The size of the purchases (roughly 202.04 shares total) and the single gift of 1,505.091 shares do not indicate a change in control or material repositioning by the director. These filings fulfill disclosure obligations and clarify the director's ongoing use of the company DRIP and personal estate or gifting decisions. Investors gain refreshed ownership figures; there is no explicit indication of compensation-related option exercise or other compensatory derivative activity in this Form 4.

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
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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^*

Griffin Jon Kevin

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

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	16.591	A	$63.57	70,151.483	D
Common Stock	07/15/2025		J(1)	V	185.449	A	$63.5	70,336.932	D
Common Stock	08/14/2025		G(2)		1,505.091	D	$0	68,831.841	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, Attorney-in-Fact	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.
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FAQ

What transactions did Jon K. Griffin report on the Form 4 for MAIN?

The Form 4 shows acquisitions of 16.591 and 185.449 shares via a dividend reinvestment plan at prices of $63.57 and $63.50, and a gift transfer of 1,505.091 shares at $0.

How many MAIN shares does the reporting person beneficially own after these transactions?

The Form 4 reports 68,831.841 shares beneficially owned following the reported transactions.

What exemptions were cited for the reported transactions?

The DRIP purchases were reported as exempt under Rule 16a-11 and the gift transfer was reported as exempt under Rule 16b-5.

Were any derivative or option exercises reported in this filing for MAIN?

No derivative securities, option exercises, or convertible security transactions are reported in Table II of this Form 4.

Who signed or filed the Form 4 on behalf of the reporting person?

The Form 4 was submitted and signed by an attorney-in-fact, Jason B. Beauvais, on behalf of the reporting person.