Sarner Michael Scott 4

What Happened
Michael Scott Sarner, President, CEO and a director of Capital Southwest Corp (CSWC), purchased 2,694.635 shares on 2026-02-27 at $21.90 per share for a total of $59,013 (transaction code P — purchase). This was an acquisition (insider buy), which is often viewed as a sign the insider added to their stake rather than a sale.

Key Details

• Transaction date: 2026-02-27; Price: $21.90 per share; Shares purchased: 2,694.635; Total value: $59,013.
• Transaction code: P (purchase — open market or private purchase as reported).
• Filing date: 2026-03-02 (Form 4 filed with the SEC); filing appears timely based on the reported transaction date.
• Shares owned after the transaction: not specified in the provided filing excerpt.
• No 10b5-1 plan, tax withholding, or other footnotes were provided in the summarized data.

Context
Insider purchases can be more informative to investors than sales because they indicate the insider spent personal funds to acquire company stock. This filing reports a straightforward purchase; there is no indication of option exercise, gift, or automatic sale tied to the transaction. As always, treat insider buys as one data point and consider broader fundamentals and company filings before making investment decisions.