MSC Income Fund (MSIF) EVP adds shares through dividend reinvestment plan

Rhea-AI Filing Summary

MSC Income Fund, Inc. executive Jason B. Beauvais recorded a small routine change in his holdings through a dividend reinvestment plan. He acquired 137.567 shares of common stock at $12.95 per share via an automatic dividend reinvestment transaction. Following this, he directly holds 30,087.332 common shares, reflecting ongoing participation in the company’s dividend reinvestment program rather than an open-market trade.

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	137.567	$12.95	$2K

Holdings After Transaction: Common Stock — 30,087.332 shares (Direct)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

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
MSC INCOME FUND, INC. [ MSIF ]

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)
01/30/2026

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	01/30/2026		J(1)	V	137.567	A	$12.95	30,087.332	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.

	/s/ Jason B. Beauvais	03/10/2026
	** 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.

FAQ

What did MSIF executive Jason B. Beauvais report on this Form 4?

Jason B. Beauvais reported a routine change in holdings from a dividend reinvestment plan. He acquired 137.567 MSC Income Fund common shares at $12.95 per share, increasing his direct ownership to 30,087.332 shares after the transaction.

Was the MSIF Form 4 transaction an open-market buy or sell?

The transaction was not an open-market buy or sell. Beauvais obtained 137.567 shares through a dividend reinvestment plan, a dividend reinvestment transaction that is exempt from Section 16 under Rule 16a-11, rather than through discretionary market trading.

How many MSC Income Fund (MSIF) shares does Beauvais hold after the dividend reinvestment?

After the dividend reinvestment, Beauvais directly holds 30,087.332 MSC Income Fund common shares. This total reflects his position immediately following the acquisition of 137.567 shares through the company’s dividend reinvestment program at a price of $12.95 per share.

What is the size of the dividend reinvestment transaction reported for MSIF?

The reported dividend reinvestment transaction involved 137.567 shares of MSC Income Fund common stock. These shares were acquired at a price of $12.95 per share under the company’s dividend reinvestment plan, classified as an "other" transaction under code J on Form 4.

How is the MSIF dividend reinvestment transaction treated under SEC rules?

The dividend reinvestment transaction is treated as exempt under Section 16. The footnote explains that Beauvais acquired the shares through a dividend reinvestment plan in a transaction exempt from Section 16 under Rule 16a-11, indicating it is a routine, automatic reinvestment of dividends.