Runway Growth Finance co-CEO buys 7,000 shares

Runway Growth Finance Corp. (RWAY) reported that its Co-Chief Executive Officer, Michael Rovner, purchased common stock in an open-market transaction.

Available on EDGAR 09/10/2026 - 04:12 PM EDT Accepted by SEC EDGAR 09/10/2026 - 04:12 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Runway Growth Finance Corp. (RWAY) reported that its Co-Chief Executive Officer, Michael Rovner, purchased common stock in an open-market transaction. On September 9, 2026, he bought 7,000 shares of common stock at a weighted average price of $6.57 per share, and now holds 7,000 shares directly.

The filing notes that the shares were acquired in multiple trades at prices ranging from $6.56 to $6.60 per share.

Insider Trade Summary

Net Buyer: 7,000 shares

Net Buy 1 txn

Insider Rovner Michael

Role Co-Chief Executive Officer

Bought 7,000 shs ($46K)

Type	Security	Shares	Price	Value
Purchase	Common Stock, par value $0.01 per share F1	7,000	$6.57	$46K

Holdings After Transaction: Common Stock, par value $0.01 per share — 7,000 shares (Direct)

Holdings Before and After: Common Stock, par value $0.01 per share, 0 to 7,000 shares (Direct)

Other Insiders: 2 other insiders reported open-market purchases of this stock in the 30 days up to this filing.

Footnotes (1)

1. F1. The reported price is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $6.56 to $6.60 inclusive. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares purchased at each separate price within such range.

Key Figures

Shares purchased: 7,000 shares Weighted average purchase price: $6.57 per share Post-transaction holdings: 7,000 shares +1 more

4 metrics

Shares purchased 7,000 shares Common stock bought by Co-CEO on September 9, 2026

Weighted average purchase price $6.57 per share Average price for 7,000 RWAY shares bought on September 9, 2026

Post-transaction holdings 7,000 shares Common stock directly owned by Co-CEO after the transaction

Trade price range $6.56–$6.60 per share Range of prices for individual trades making up the 7,000-share purchase

Key Terms

weighted average price, open market or private transaction, par value

3 terms

weighted average price financial

"The reported price is a weighted average price."

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

open market or private transaction financial

"Purchase in open market or private transaction"

par value financial

"Common Stock, par value $0.01 per share"

Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did RWAY report for Co-CEO Michael Rovner?

RWAY reported that Co-Chief Executive Officer Michael Rovner purchased 7,000 shares of common stock on September 9, 2026 in an open-market transaction.

At what price did the RWAY insider buy shares?

Michael Rovner bought 7,000 RWAY shares at a weighted average price of $6.57 per share, with individual trades executed in a price range from $6.56 to $6.60 per share.

How many RWAY shares does the Co-CEO own after this transaction?

Following the reported purchase, Co-Chief Executive Officer Michael Rovner directly owns 7,000 shares of Runway Growth Finance Corp. common stock.

Was the RWAY insider transaction made under a Rule 10b5-1 plan?

The filing does not indicate that the transaction was made under a Rule 10b5-1 trading plan; the plan-related checkbox is not marked as affirming such a plan for this trade.

What type of security did the RWAY insider purchase?

The insider acquired common stock of Runway Growth Finance Corp., with a par value of $0.01 per share, in an open-market purchase.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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^*

Rovner Michael

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Co-Chief Executive Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/09/2026

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock, par value $0.01 per share	09/09/2026		P		7,000	A	$6.57(1)	7,000	D

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:

1. The reported price is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $6.56 to $6.60 inclusive. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares purchased at each separate price within such range.

	/s/ Michael Rovner	09/10/2026
	** 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)