MSIF Insider Purchase: John Niemann Jr. Buys 1,713 Shares

Rhea-AI Filing Summary

John O. Niemann Jr., a director of MSC Income Fund, Inc. (MSIF), purchased 1,713 shares of the issuer's common stock on 09/26/2025 at a reported price of $13.50 per share. Following that transaction, the reporting person beneficially owned 36,080.471 shares. The Form 4 was filed as a single reporting person filing and signed by an attorney-in-fact on 09/29/2025. No derivative transactions or other securities classes are reported on this filing.

Positive

• Insider purchase disclosed — the director reported acquisition of 1,713 shares, demonstrating compliance with Section 16 reporting requirements
• Clear reporting — the filing lists transaction date, price ($13.50), and post-transaction beneficial ownership (36,080.471 shares)

Negative

• No material negative events reported — the filing shows a purchase only and no dispositions or adverse items

Insights

Securities Analyst

TL;DR: A director made a small open-market purchase, increasing beneficial ownership to 36,080.471 shares.

The report documents a routine insider purchase of 1,713 common shares at $13.50 each on 09/26/2025. For most funds, this size of purchase is modest relative to typical institutional holdings and does not by itself indicate a material change to control or capital structure. The filing is complete for non-derivative activity and shows no dispositions or derivative positions.

Corporate Governance Expert

TL;DR: Disclosure follows Section 16 requirements; transaction appears routine and properly reported.

The Form 4 names a director as the reporting person and indicates a direct beneficial ownership increase. The form is marked as filed by one reporting person and includes an authorized signature by attorney-in-fact. There are no indications of amendments, joint filings, or complex ownership structures disclosed here.

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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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).

1. Name and Address of Reporting Person^*

Niemann John O. Jr.

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
09/26/2025

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	09/26/2025		P		1,713	A	$13.5	36,080.471	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:

	/s/ Jason B. Beauvais, Attorney-in-Fact	09/29/2025
	** 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.

FAQ

Who filed the Form 4 for MSIF and what is their relationship to the issuer?

The reporting person is John O. Niemann Jr., identified as a director of MSC Income Fund, Inc. (MSIF).

What transaction is reported on the MSIF Form 4 dated 09/26/2025?

A purchase of 1,713 shares of MSIF common stock at a price of $13.50 per share was reported with transaction date 09/26/2025.

How many MSIF shares does the reporting person beneficially own after the transaction?

The filing reports 36,080.471 shares beneficially owned following the reported purchase.

Were any derivative securities or dispositions reported in this Form 4?

No. The filing shows only a non-derivative acquisition; there are no derivative positions or dispositions reported.

When was the Form 4 signed and by whom?

The form was signed by an attorney-in-fact, /s/ Jason B. Beauvais, on 09/29/2025.