Does this RWAY Form 4 show any insider share sales or open-market buys?

No, the Form 4 shows a grant or award of 3,000 shares to R. David Spreng and updated holdings, but does not report any open-market purchases or sales of Runway Growth Finance common stock.

Runway Growth (RWAY) CEO awarded 3,000 shares and corrects holdings

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

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.

Insider Trade Summary

2 transactions reported

Mixed 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, null); Common Stock, par value $0.01 per share — 41,371 shares (Indirect, By 401(k) Plan)

Footnotes (1)

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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.

Form 4 Insider Transactions: What Each Field Means →

05/22/2026 - 04:05 PM

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^*

SPRENG R DAVID

(Last)

(First)

(Middle)

C/O RUNWAY GROWTH FINANCE CORP.,

205 N. MICHIGAN AVE, SUITE 4200

(Street)

CHICAGO

ILLINOIS

60601

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Runway Growth Finance Corp. [ RWAY ]

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

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	President, CEO and CIO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/20/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock, par value $0.01 per share	05/20/2026		A		3,000	A	$6.365	193,504⁽¹⁾	D
Common Stock, par value $0.01 per share								41,371⁽¹⁾	I	By 401(k) Plan

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. 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.

	/s/ R. David Spreng	05/22/2026
	** 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)

Source: View Original Filing on SEC EDGAR

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.

How many RWAY shares did R. David Spreng receive in the latest grant?

He received a grant of 3,000 shares of Runway Growth Finance common stock at a reported price of $6.365 per share, classified as a grant or award acquisition rather than an open-market purchase.

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.