New Mountain Finance Corp (NMFC) director’s trusts buy 437K shares
Rhea-AI Filing Summary
New Mountain Finance Corp director and ten percent owner Steven B. Klinsky reported indirect open-market purchases of a total of 437,400 shares of common stock. These purchases occurred on 2026-03-03 and 2026-03-04 at prices of $7.9426 and $8.1671 per share.
The transactions were executed through various trusts and family-related entities, including long-term and revocable trusts and trusts for immediate family members. The filing notes that these entities directly own the shares and that Klinsky disclaims beneficial ownership except to the extent of his pecuniary interest. Some reported line items simply update indirect and direct share holdings, including shares previously acquired under the dividend reinvestment plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 437,400 shares
Net Buy
12 txns
Insider
KLINSKY STEVEN B
Role
Director, 10% Owner
Bought
437,400 shs ($3.52M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 62,301 | $8.1671 | $509K |
| Purchase | Common Stock | 124,604 | $8.1671 | $1.02M |
| Purchase | Common Stock | 83,498 | $7.9426 | $663K |
| Purchase | Common Stock | 166,997 | $7.9426 | $1.33M |
| holding | Common Stock | -- | -- | -- |
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Holdings After Transaction:
Common Stock — 10,256,304 shares (Indirect, See Note);
Common Stock — 116,823.91 shares (Direct)
Footnotes (10)
- F1. Includes shares previously acquired under the New Mountain Finance Corporation dividend reinvestment plan.
- F2. The Steven B. Klinsky 2008 Long Term Trust directly owns these shares. The reporting person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.
- F3. The Steven B. Klinsky Non-GST Exempt Trust directly owns these shares. The reporting person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.
- F4. Includes (i) 16 shares held directly and (ii) 11,175 shares held indirectly through a trust by an immediate family member of the reporting person. The reporting person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.
- F5. Shares are held indirectly through a trust by an immediate family member of the reporting person. The reporting person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.
- F6. Shares are held indirectly through a trust by an immediate family member of the reporting person. The reporting person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.
- F7. Shares are held indirectly through a trust by an immediate family member of the reporting person. The reporting person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.
- F8. The Steven B. Klinsky 2024 Revocable Trust ("2024 Trust 1") directly owns these shares. The reporting person disclaims beneficial ownership held by 2024 Trust 1 except to the extent of his pecuniary interest therein.
- F9. The Steven B. Klinsky 2024 Revocable Trust ("2024 Trust 2") directly owns these shares. The reporting person disclaims beneficial ownership held by 2024 Trust 2 except to the extent of his pecuniary interest therein.
- F10. The Steven B. Klinsky 2024 Revocable Trust ("2024 Trust 3") directly owns these shares. The reporting person disclaims beneficial ownership held by 2024 Trust 3 except to the extent of his pecuniary interest therein.
FAQ
What role does the NMFC dividend reinvestment plan play in these holdings?
Some reported NMFC common stock positions include shares previously acquired under the company’s dividend reinvestment plan. This means a portion of the currently reported holdings was accumulated automatically when cash dividends were reinvested into additional NMFC shares over time.
AI-generated analysis. How Rhea-AI works. Not financial advice.
