PSEC Stock: CEO Barry's $2M Purchase Signals Confidence in Business Development Firm

Rhea-AI Filing Summary

Prospect Capital Corporation (PSEC) CEO and Director John F. Barry III reported a significant insider purchase of 623,300 shares at $3.1907 per share on June 20, 2025, representing a total investment of approximately $1.99 million.

Following this transaction, Barry's direct ownership increased to 83,266,025.755 shares. He also holds indirect beneficial ownership of 356,082.654 shares through his spouse. As indicated in the filing, Barry serves multiple roles including Director, CEO, and is classified as a 10% owner of the company.

This substantial insider purchase by the CEO could signal management's confidence in the company's future prospects. The transaction was reported within the required filing deadline, with the Form 4 being signed on June 23, 2025.

Positive

• CEO John F. Barry III purchased 623,300 shares at $3.19 per share, representing a significant $2.0M open market purchase
• CEO maintains a substantial position of over 83.2M shares, demonstrating strong long-term alignment with shareholders

Negative

• None.

Insights

Insider Trading Analyst

CEO John Barry significantly increased his stake by purchasing 623,300 PSEC shares, signaling strong confidence in the company's future.

This Form 4 filing reveals a substantial insider purchase by John F. Barry III, who serves as both CEO and Director of Prospect Capital Corporation (PSEC). On June 20, 2025, Barry acquired 623,300 shares at $3.1907 per share, representing an approximate $1.99 million investment. This significant transaction brings his direct ownership to over 83.26 million shares, while maintaining indirect ownership of 356,082 shares through his spouse.

The timing and size of this purchase deserve attention. When insiders—particularly C-suite executives—commit substantial personal capital to company shares, it typically signals strong confidence in the company's future prospects. Barry's position as both CEO and a 10% owner makes this purchase especially notable, as he has intimate knowledge of the company's operations and outlook. With this transaction, Barry has further aligned his financial interests with shareholders.

The purchase price of $3.19 per share provides a reference point for investors evaluating PSEC's current valuation. For business development companies like PSEC, insider transactions can be particularly telling indicators of management's view on the relationship between share price and net asset value. This substantial purchase suggests Barry may view the current share price as undervalued relative to the company's fundamentals and future prospects.

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^*

Barry John F

(Last) (First) (Middle)

700 S ROSEMARY AVE SUITE 204

(Street)

WEST PALM BEACH FL 33401

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
PROSPECT CAPITAL CORP [ PSEC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

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

3. Date of Earliest Transaction (Month/Day/Year)
06/20/2025

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	06/20/2025		P		623,300	A	$3.1907	83,266,025.755	D
COMMON STOCK								356,082.654	I	By Spouse

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:

Remarks:

	/s/ John F. Barry III	06/23/2025
	** 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

How many PSEC shares did CEO John Barry purchase on June 20, 2025?

CEO John Barry purchased 623,300 shares of PSEC common stock on June 20, 2025 at a price of $3.1907 per share.

What is John Barry's total direct ownership of PSEC stock after the June 2025 purchase?

Following the reported transaction, John Barry directly owns 83,266,025.755 shares of PSEC common stock.

What positions does John Barry hold at Prospect Capital Corporation (PSEC)?

John Barry serves in multiple roles at PSEC: He is the Chief Executive Officer, a Director, and a 10% Owner of the company.

How much indirect PSEC stock ownership does John Barry have through his spouse?

John Barry indirectly owns 356,082.654 shares of PSEC common stock through his spouse's holdings.

What was the total value of PSEC shares purchased by CEO Barry in the June 2025 transaction?

The total value of the purchase was approximately $1,988,777 (623,300 shares × $3.1907 per share).