SPRENG R DAVID 4
Research Summary
AI-generated summary
Runway Growth Finance (RWAY) CEO R. David Spreng Receives 3,000-Share Award
What Happened R. David Spreng, President, CEO and CIO (also a director) of Runway Growth Finance Corp. (RWAY), was granted 3,000 shares on May 20, 2026. The grant price listed on the Form 4 is $6.37 per share, for a total value of $19,095. This filing reports an award/acquisition (transaction code A), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-05-20; filing date: 2026-05-22 (timely filed within the usual two-business-day window).
- Price per share: $6.37; total value: $19,095.
- Shares owned after transaction: not specified in the details provided here — see the full Form 4 for total holdings.
- Footnote: This Form 4 corrects a prior filing (Apr 1, 2025) that inadvertently misstated Mr. Spreng’s direct and indirect holdings.
- Transaction code: A (award/grant).
Context This was a company grant/award to an executive rather than an open-market purchase or sale; such awards are generally part of compensation and align executive and shareholder interests but do not directly signal open-market buying. The filing corrects a previous disclosure error about holdings; refer to the full Form 4 (Accession 0001104659-26-065703) for complete holdings and any additional detail.