Runway Growth Finance (RWAY) CEO adds 3,000 shares in open-market buy
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
Runway Growth Finance Corp. President and CEO R. David Spreng reported an open-market purchase of 3,000 shares of common stock on May 20, 2026 at $6.365 per share. Following this trade, he directly holds 193,504 common shares and indirectly holds 41,371 shares through a 401(k) plan.
This Form 4/A is an amendment that corrects the original transaction code, changing it from an award entry to a purchase (code "P") for the same transaction date and amount.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 3,000 shares ($19,095)
Net Buy
2 txns
Insider
SPRENG R DAVID
Role
President and CEO
Bought
3,000 shs ($19K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock, par value $0.01 per share | 3,000 | $6.365 | $19K |
| holding | Common Stock, par value $0.01 per share | -- | -- | -- |
Holdings After Transaction:
Common Stock, par value $0.01 per share — 193,504 shares (Direct, null);
Common Stock, par value $0.01 per share — 41,371 shares (Indirect, By 401(k) Plan)
Footnotes (1)
- [object Object]
Key Figures
Shares purchased: 3,000 shares
Purchase price: $6.365 per share
Direct holdings after transaction: 193,504 shares
+2 more
5 metrics
Shares purchased
3,000 shares
Open-market purchase on May 20, 2026
Purchase price
$6.365 per share
Common Stock, par value $0.01 per share
Direct holdings after transaction
193,504 shares
Common stock directly owned after May 20, 2026 trade
Indirect 401(k) holdings
41,371 shares
Common stock held indirectly by 401(k) plan
Transaction code
P
Corrected from A to P in amended Form 4
Key Terms
Form 4, Form 4/A, open-market purchase, 401(k) Plan, +1 more
5 terms
Form 4 regulatory
"the reporting person filed a Form 4 with respect to a transaction dated May 20, 2026"
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/A regulatory
"This amended Form 4 amends such filing to report the transaction code"
Form 4/A is an amended filing that corrects or updates an earlier Form 4, the mandatory report that insiders (like company executives, directors, or large shareholders) must file when their ownership stakes change. Think of it as an edited receipt showing who bought or sold stock and when; investors use it to track insider confidence, detect potential conflicts, and spot trading patterns that might signal future company prospects.
open-market purchase financial
"transaction_action": "open-market purchase""
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
401(k) Plan financial
"nature_of_ownership": "By 401(k) Plan""
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
transaction code regulatory
"reported the transaction code in Column 3 as "A""
FAQ
What insider transaction did RWAY CEO R. David Spreng report?
R. David Spreng reported buying 3,000 shares of Runway Growth Finance common stock. The open-market purchase occurred on May 20, 2026, at $6.365 per share, and is disclosed on an amended Form 4/A correcting the original transaction code.
What does the Form 4/A amendment change for RWAY’s CEO transaction?
The amendment changes the transaction code in Column 3 from “A” to “P”. This clarifies that the May 20, 2026 activity was an open-market purchase of 3,000 common shares, rather than an award or similar acquisition entry originally reported.