[Form 4] MSC INCOME FUND, INC. Insider Trading Activity

Rhea-AI Filing Summary

MSC Income Fund insider purchase by CEO/Director. Dwayne L. Hyzak, serving as CEO and a director, acquired 3,695 shares of MSC Income Fund, Inc. (MSIF) on 09/29/2025 at $13.49 per share. After the transaction he beneficially owned 55,726.657 shares. The Form 4 was signed by an attorney-in-fact on behalf of the reporting person.

Insights

Financial Analyst

TL;DR: Routine insider purchase recorded; transaction is small relative to total outstanding shares (neutral).

The filing shows a straightforward open-market purchase of 3,695 common shares at $13.49, increasing the reporting person\'s beneficial ownership to 55,726.657 shares. There are no derivative transactions reported and no changes to option holdings. This is a standard Section 16 disclosure documenting an insider acquisition with no additional financial metrics or company-wide implications provided in the filing.

Corporate Governance Expert

TL;DR: Disclosure complies with Section 16 reporting; signature executed by attorney-in-fact.

The Form 4 identifies the reporting person as both a director and the CEO and records a purchase transaction on 09/29/2025. The form includes an attorney-in-fact signature (Jason B. Beauvais). No amendments, derivative positions, or other unusual ownership arrangements are disclosed. From a governance perspective this is a routine, properly executed disclosure of an insider purchase.

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

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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).

1. Name and Address of Reporting Person^*

Hyzak Dwayne L.

(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
X	Officer (give title below)		Other (specify below)
	CEO, SMD

3. Date of Earliest Transaction (Month/Day/Year)
09/29/2025

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	09/29/2025		P		3,695	A	$13.49	55,726.657	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

What transaction is reported on the MSIF Form 4?

The Form 4 reports a purchase of 3,695 common shares of MSC Income Fund, Inc. on 09/29/2025 at a price of $13.49 per share.

Who is the reporting person on the MSIF Form 4?

The reporting person is Dwayne L. Hyzak, identified as a Director and the CEO (SMD) of MSC Income Fund, Inc.

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

After the purchase the reporting person beneficially owns 55,726.657 shares.

Were any derivative securities reported on this Form 4 for MSIF?

No. Table II shows no derivative securities were reported in this filing.

Who signed the Form 4 for the reporting person?

The Form 4 was signed by Jason B. Beauvais, Attorney-in-Fact on 09/29/2025.