Main Street Capital (NYSE: MAIN) VP adds shares via dividend reinvestment plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Main Street Capital’s VP, CAO & Assistant Treasurer Ryan McHugh reported small common stock transactions tied to the company’s dividend reinvestment plan. On the stated date, he acquired 18.6140 and 23.4000 shares of common stock at $60.89 per share through automatic dividend reinvestment, bringing his direct holdings to 13,139.6849 shares. These are routine reinvestment entries rather than open-market purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
McHugh Ryan
Role
VP, CAO & Assistant Treasurer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 18.614 | $60.89 | $1K |
| Other | Common Stock | 23.4 | $60.89 | $1K |
Holdings After Transaction:
Common Stock — 13,116.285 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did MAIN executive Ryan McHugh report on this Form 4?
Ryan McHugh reported routine dividend reinvestment transactions in Main Street Capital common stock. He received 18.6140 and 23.4000 shares at $60.89 per share under a dividend reinvestment plan, rather than making open-market purchases or sales.
What does the J transaction code mean in this MAIN Form 4 filing?
The J code in this Form 4 indicates an “other acquisition or disposition” of Main Street Capital common stock. In this case, the footnote explains the shares were acquired automatically through a dividend reinvestment plan, exempt from Section 16 under Rule 16a-11.