Dividend reinvestment boosts MSC Income (MSIF) CFO shareholdings

Rhea-AI Filing Summary

MSC INCOME FUND, INC. CFO and Treasurer Cory Gilbert reported an automatic share increase through the company’s dividend reinvestment plan. He received 120.9 shares of common stock at $12.325 per share in a transaction classified as “other.” Following this, he directly holds 5,513.66 shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Gilbert Cory

Role CFO and Treasurer

Type	Security	Shares	Price	Value
Other	Common Stock	120.9	$12.325	$1K

Holdings After Transaction: Common Stock — 5,513.66 shares (Direct, null)

Footnotes (1)

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Key Figures

Dividend reinvestment shares: 120.9 shares Dividend reinvestment price: $12.325 per share Shares after transaction: 5,513.66 shares +1 more

4 metrics

Dividend reinvestment shares 120.9 shares Common stock credited under dividend reinvestment plan

Dividend reinvestment price $12.325 per share Price used for DRIP transaction on common stock

Shares after transaction 5,513.66 shares Direct common stock holdings following DRIP entry

Restructuring-classified shares 120.9 shares Shares counted as restructuring-type under transaction summary

Key Terms

dividend reinvestment plan, Section 16, Rule 16a-11, Form 4

4 terms

dividend reinvestment plan financial

"The reporting person acquired these shares under a dividend reinvestment plan"

A dividend reinvestment plan lets shareholders automatically use cash dividends to buy more shares of the same company instead of receiving the money. It matters to investors because it turns regular payouts into a steady way to grow ownership and take advantage of compound returns—like having your savings automatically buy additional slices of a pie over time—while often reducing transaction costs and smoothing purchase timing.

Section 16 regulatory

"dividend reinvestment transaction exempt from Section 16 under Rule 16a-11"

Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.

Rule 16a-11 regulatory

"dividend reinvestment transaction exempt from Section 16 under Rule 16a-11"

Form 4 regulatory

"INSIDER FILING DATA (Form 4)"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

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^*

Gilbert Cory

(Last) (First) (Middle)

1300 POST OAK BLVD, 8TH FLOOR

(Street)

HOUSTON TEXAS 77056

(City) (State) (Zip)

UNITED STATES

(Country)

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)
	CFO and Treasurer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	05/01/2026		J(1)	V	120.9	A	$12.325	5,513.66	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, Attorney-in-Fact	05/19/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did MSC INCOME FUND (MSIF) CFO Cory Gilbert report?

Cory Gilbert reported receiving 120.9 MSC INCOME FUND shares through a dividend reinvestment plan. The transaction was coded as “J,” meaning an other acquisition or disposition, and reflects automatic reinvestment of dividends rather than an open-market purchase.

How many MSC INCOME FUND (MSIF) shares does the CFO hold after this Form 4?

After the dividend reinvestment, Cory Gilbert directly holds 5,513.66 MSC INCOME FUND common shares. This total includes the additional 120.9 shares credited under the company’s dividend reinvestment plan described in the Form 4 filing.

At what price were the MSC INCOME FUND (MSIF) shares credited in the CFO’s dividend reinvestment?

The 120.9 MSC INCOME FUND shares were credited at $12.325 per share. This price is the transaction value used for the dividend reinvestment entry, which is exempt from Section 16 under Rule 16a-11 according to the filing footnote.

Was the MSC INCOME FUND (MSIF) CFO’s Form 4 transaction an open-market buy or sell?

The transaction was not an open-market buy or sell. It is coded “J” as an other transaction and reflects shares acquired automatically through a dividend reinvestment plan, which is exempt from Section 16 reporting as noted under Rule 16a-11.

What does the Form 4 footnote say about the MSC INCOME FUND (MSIF) transaction?

The footnote explains the CFO acquired the shares under a dividend reinvestment plan. It states the dividend reinvestment transaction is exempt from Section 16 under Rule 16a-11, clarifying that this is an automatic, plan-based share credit rather than a discretionary trade.