RUBIN ROBERT S 4

4 · MONROE CAPITAL Corp · Filed Apr 27, 2026

AI-generated summary of this filing

Updated Apr 27, 2026

Monroe Capital (MRCC) Director Rubin Disposes Shares via Merger

What Happened

Director Rubin Robert (Rubin, Robert S.) reported dispositions of 6,000 and 51,886 MRCC common shares (total 57,886) on April 14, 2026. The shares were disposed to the issuer as part of a merger; each MRCC share converted into 0.9402 HRZN shares.
Using HRZN's closing price of $4.57 on April 13, 2026 (the last trading day before the merger closed), the conversion equals roughly 54,424 HRZN shares with an indicative value of about $248,700. This was a merger conversion (disposition to the issuer), not an open-market sale or purchase.

Key Details

Transaction date: April 14, 2026; Form 4 filed April 27, 2026 (filed late — ~13 days after the transaction).
Reported dispositions: 6,000 MRCC shares and 51,886 MRCC shares (total 57,886).
Conversion ratio: 0.9402 HRZN shares per MRCC share (per Merger Agreement).
Valuation used in footnote: HRZN closing price $4.57 on April 13, 2026 → implied value ≈ $248,700.
Shares owned after the transaction: not stated in the excerpt provided (filing focuses on the MRCC dispositions and conversion).
Footnote: Dispositions occurred pursuant to the Agreement and Plan of Merger dated Aug 7, 2025, between MRCC and Horizon Technology Finance (HRZN).

Context

This was not a standard sale for cash but a conversion of MRCC shares into HRZN shares under a merger agreement — a routine corporate transaction rather than a direct signal of the director’s market view.
Filing was late relative to standard Form 4 timing rules; late filings may reduce the timeliness of disclosure for investors.

Form 4Exit

Period: 2026-04-14

Director

Transactions

Disposition to Issuer
Common Stock
[F1]
2026-04-14−6,000→ 0 total
Disposition to Issuer
Common Stock
[F1]
2026-04-14−51,886→ 0 total(indirect: By LLC)

Footnotes (1)

[F1]Disposed of upon the completion of, and pursuant to, the transactions contemplated by the Agreement and Plan of Merger, dated as of August 7, 2025, by and among Horizon Technology Finance Corporation ("HRZN"), a Delaware corporation, Monroe Capital Corporation ("MRCC"), a Maryland corporation, HMMS, Inc., a Maryland corporation, Monroe Capital BDC Advisors, LLC, a Delaware limited liability company, and Horizon Technology Finance Management LLC, a Delaware limited liability company (the "Merger Agreement"). Pursuant to the Merger Agreement, each share of MRCC common stock, par value $0.001 per share, was converted into the right to receive 0.9402 shares of HRZN common stock, par value $0.001 per share. The market price of HRZN common stock at the close of trading on April 13, 2026, the last trading day prior to closing of the merger, was $4.57.

Signature

/s/ Robert S. Rubin by Nelson Mullins Riley & Scarborough LLP with Power of Attorney|2026-04-27

1 file