MRCC director disposes shares in Horizon merger
Director Robert S. Rubin reported disposing of Monroe Capital Corp common stock in connection with the closing of its merger with Horizon Technology Finance Corporation.
Rhea-AI Filing Summary
Director Robert S. Rubin reported disposing of Monroe Capital Corp common stock in connection with the closing of its merger with Horizon Technology Finance Corporation. The filing shows a disposition of 51,886 shares held indirectly through Cousins, LLC and 6,000 shares held directly, all as issuer dispositions.
Under the Merger Agreement, each MRCC common share was converted into the right to receive 0.9402 shares of Horizon Technology Finance Corporation common stock. The filing notes Horizon’s share price was $4.57 at the close on April 13, 2026, the last trading day before the merger closed. Following these transactions, Rubin reported holding 0 MRCC shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Disposition: 57,886 shares
Disposition
2 txns
Insider
RUBIN ROBERT S
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock | 6,000 | $0.00 | $0.00 |
| Disposition | Common Stock | 51,886 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 0 shares (Direct);
Common Stock — 0 shares (Indirect, In Partnership by Cousins, LLC)
Footnotes (1)
- F1. Disposed of upon the completion of, and pursuant to, the transactions contemplated by the Agreement and Plan of Merger, dated as of August 7, 2025, by and among Horizon Technology Finance Corporation ("HRZN"), a Delaware corporation, Monroe Capital Corporation ("MRCC"), a Maryland corporation, HMMS, Inc., a Maryland corporation, Monroe Capital BDC Advisors, LLC, a Delaware limited liability company, and Horizon Technology Finance Management LLC, a Delaware limited liability company (the "Merger Agreement"). Pursuant to the Merger Agreement, each share of MRCC common stock, par value $0.001 per share, was converted into the right to receive 0.9402 shares of HRZN common stock, par value $0.001 per share. The market price of HRZN common stock at the close of trading on April 13, 2026, the last trading day prior to closing of the merger, was $4.57.
Key Figures
Indirect shares disposed: 51,886 shares
Direct shares disposed: 6,000 shares
Post-transaction MRCC holdings: 0 shares
+2 more
5 metrics
Indirect shares disposed
51,886 shares
Common Stock held indirectly via Cousins, LLC, disposed 2026-04-14
Direct shares disposed
6,000 shares
Common Stock held directly by Robert S. Rubin, disposed 2026-04-14
Post-transaction MRCC holdings
0 shares
Total MRCC common stock reported following each disposition
Share exchange ratio
0.9402 shares
HRZN common stock per MRCC share under Merger Agreement
HRZN market price
$4.57
Horizon common stock closing price on April 13, 2026
Key Terms
Agreement and Plan of Merger, Disposition to issuer, par value, Merger Agreement, +1 more
5 terms
Agreement and Plan of Merger regulatory
"pursuant to, the transactions contemplated by the Agreement and Plan of Merger, dated as of August 7, 2025"
An Agreement and Plan of Merger is a formal document where two companies agree to combine into one, outlining how the process will happen. It’s like a step-by-step plan for merging, and it matters because it shows both sides have agreed on the details before the official transition takes place.
Disposition to issuer financial
"transaction_code_description": "Disposition to issuer""
par value financial
"each share of MRCC common stock, par value $0.001 per share"
Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.
Merger Agreement regulatory
"Horizon Technology Finance Management LLC, a Delaware limited liability company (the "Merger Agreement")"
A merger agreement is a binding contract that lays out the exact terms for two companies to combine, including the price, what each side will deliver, and the conditions that must be met before the deal is completed. Investors care because it sets the timetable, payouts and risks — like a blueprint or prenup that shows whether the deal is likely to close, how ownership will change, and what could cancel or alter the payout they expect.
indirect ownership financial
"nature_of_ownership": "In Partnership by Cousins, LLC""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Robert S. Rubin report at MONROE CAPITAL Corp (MRCC)?
Robert S. Rubin reported disposing of MRCC common stock through issuer dispositions. The filing shows 51,886 shares held indirectly via Cousins, LLC and 6,000 shares held directly, all surrendered as part of the merger with Horizon Technology Finance Corporation.
What happened to Robert S. Rubin’s MONROE CAPITAL Corp holdings after the merger?
After the reported issuer dispositions, Rubin’s MRCC holdings fell to zero. The Form 4 shows total shares following each transaction as 0, indicating no remaining MRCC common stock position following completion of the merger transactions.
Which entities were parties to the MONROE CAPITAL Corp merger referenced in the Form 4?
The footnote lists Horizon Technology Finance Corporation, Monroe Capital Corporation, HMMS, Inc., Monroe Capital BDC Advisors, LLC, and Horizon Technology Finance Management LLC as parties to the Agreement and Plan of Merger dated August 7, 2025.
AI-generated analysis. How Rhea-AI works. Not financial advice.
