SOLCHER STEPHEN B 4

What Happened
Stephen B. Solcher, a director of Main Street Capital (MAIN), acquired 207.97 shares on 2026-05-15 at $50.45 per share, a transaction valued at approximately $10,492. The filing reports the acquisition as an "Other acquisition" (transaction code J) tied to the company’s dividend reinvestment plan.

Key Details

• Transaction date and price: 2026-05-15 at $50.45 per share.
• Shares acquired: 207.97 (total value ≈ $10,492).
• Shares owned after transaction: Not specified in the Form 4 filing.
• Footnote: Acquired under the dividend reinvestment plan; the transaction is reported as exempt from Section 16 under Rule 16a-11.
• Filing timeliness: Form 4 filed 2026-05-28 (13 days after the transaction). The filing notes the transaction’s exemption under Rule 16a-11, which affects Section 16 reporting obligations.

Context
Dividend reinvestment purchases are routine: dividends are automatically used to buy additional shares and are often exempt from short-form insider reporting rules. Such transactions are generally administrative and do not necessarily indicate a change in the director’s view of the company.