JACKSON JOHN EARL 4
Research Summary
AI-generated summary
Main Street Capital (MAIN) Director Jackson John Earl Buys 273 Shares via DRIP
What Happened
- Jackson John Earl, a director of Main Street Capital (MAIN), acquired a total of 272.561 shares on January 15, 2026 through dividend reinvestment transactions (DRIP). The filing shows three separate acquisitions:
- 75.952 shares at $62.27 each (reported value $4,730)
- 188.609 shares at $64.20 each (reported value $12,109)
- 8.000 shares at $62.90 each (reported value $503)
- These were acquisitions (buying/receiving shares), but they were made by reinvesting dividends rather than open-market purchases.
Key Details
- Transaction date: 2026-01-15 (filed with the SEC on 2026-02-13)
- Prices and amounts: 75.952 @ $62.27 ($4,730); 188.609 @ $64.20 ($12,109); 8 @ $62.90 ($503). Total ≈ 272.561 shares for ≈ $17,342.
- Shares owned after transaction: not specified in the information provided.
- Footnote: The shares were acquired under the company’s dividend reinvestment plan; these dividend reinvestment transactions are noted as exempt from Section 16 reporting under Rule 16a-11 (per the filing).
- Filing timeliness: The Form 4 was filed nearly a month after the January 15 transactions (filed Feb 13, 2026). Form 4s are normally due within 2 business days, so this appears to be a late filing.
Context
- Dividend reinvestment purchases are typically automatic and routine — they reflect reinvested dividends rather than a director making an active market bet. Such transactions are generally less informative about management’s near-term view of the stock than voluntary open-market buys or sells.