Runway Growth CEO receives 3,000 share grant
Runway Growth Finance Corp. director and executive R. David Spreng, the company’s President, CEO and CIO, reported an equity compensation grant and updated shareholdings.
Rhea-AI Filing Summary
Runway Growth Finance Corp. director and executive R. David Spreng, the company’s President, CEO and CIO, reported an equity compensation grant and updated shareholdings. He received a grant/award acquisition of 3,000 shares of common stock at $6.365 per share, bringing his direct ownership to 193,504 common shares after the transaction. The filing also reports 41,371 common shares held indirectly through a 401(k) plan. A footnote explains that a previous Form 4 filed on April 1, 2025 misstated his direct and indirect holdings, and this Form 4 corrects that disclosure.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 3,000 shares
Grant/Award
2 txns
Insider
SPRENG R DAVID
Role
President, CEO and CIO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | 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);
Common Stock, par value $0.01 per share — 41,371 shares (Indirect, By 401(k) Plan)
Footnotes (1)
- F1. The previous Form 4 for Mr. Spreng filed on April 1, 2025 inadvertently misstated his direct and indirect holdings. This Form 4 corrects such disclosure.
Key Figures
Share grant size: 3,000 shares
Grant price: $6.365 per share
Direct holdings after grant: 193,504 shares
+1 more
4 metrics
Share grant size
3,000 shares
Common stock grant/award acquisition
Grant price
$6.365 per share
Price for the 3,000-share award
Direct holdings after grant
193,504 shares
Total direct common shares following transaction
Indirect 401(k) holdings
41,371 shares
Common shares held via 401(k) plan
Key Terms
Form 4, grant/award acquisition, indirect ownership, 401(k) Plan
4 terms
Form 4 regulatory
"The previous Form 4 for Mr. Spreng filed on April 1, 2025 inadvertently misstated"
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.
grant/award acquisition financial
"transaction_action": "grant/award acquisition","transaction_code_description": "Grant, award, or other acquisition""
indirect ownership financial
""ownership_type": "indirect","ownership_code": "I""
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.
FAQ
What did RWAY executive R. David Spreng report in this Form 4?
R. David Spreng reported receiving a grant of 3,000 shares of Runway Growth Finance common stock and updated his direct and indirect shareholdings, including holdings in a 401(k) plan.
What are R. David Spreng’s direct RWAY holdings after this Form 4?
After the 3,000-share grant, R. David Spreng directly holds 193,504 shares of Runway Growth Finance common stock, as disclosed in the total shares following the reported transaction field.
What indirect RWAY holdings does R. David Spreng report?
He reports indirect ownership of 41,371 shares of Runway Growth Finance common stock held through a 401(k) plan, categorized in the filing as indirect ownership by a retirement plan account.
Why does this RWAY Form 4 mention a previous filing from April 1, 2025?
A footnote explains that the prior Form 4 filed on April 1, 2025 inadvertently misstated R. David Spreng’s direct and indirect holdings, and this Form 4 is intended to correct that disclosure.
AI-generated analysis. How Rhea-AI works. Not financial advice.
