Main Street Capital (MAIN) Director John Earl Jackson Buys Shares
$MAIN · Main Street Capital CORPResearch Summary
AI-generated summary of this SEC filing
Main Street Capital (MAIN) Director John Earl Jackson Buys Shares
What Happened John Earl Jackson, a director of Main Street Capital Corp. (NYSE: MAIN), acquired a total of 1,112.757 shares through dividend reinvestment transactions between June 15 and July 15, 2026. The eight acquisitions ranged from 10 to 288.148 shares at prices between $51.01 and $53.47, totaling about $57,919. These were acquisitions (code J) recorded as dividend reinvestment plan transactions rather than open-market buys.
Key Details
- Transaction dates, shares, prices and values:
- 2026-06-15: 96.389 sh @ $52.02 = $5,014
- 2026-06-15: 249.777 sh @ $51.29 = $12,811
- 2026-06-29: 113.987 sh @ $51.01 = $5,814
- 2026-06-29: 288.148 sh @ $51.56 = $14,857
- 2026-07-15: 97.312 sh @ $53.09 = $5,166
- 2026-07-15: 247.144 sh @ $53.41 = $13,200
- 2026-06-15: 10 sh @ $52.18 = $522
- 2026-07-15: 10 sh @ $53.47 = $535
- Total acquired: 1,112.757 shares for $57,919 (approx).
- Shares owned after transaction: Not specified in the provided filing.
- Footnote: These shares were acquired under a dividend reinvestment plan and are described as exempt from Section 16 under Rule 16a-11.
- Filing timeliness: Form was filed on 2026-08-14; the transactions occurred June–July 2026, so the filing was submitted well after the typical two-business-day Form 4 window (i.e., appears late).
Context Dividend reinvestment plan (DRIP) purchases are routine—dividends are used to buy additional shares automatically—and are often treated differently from voluntary open-market purchases. Because these are DRIP acquisitions and noted as exempt under Rule 16a-11, they reflect automatic reinvestment of dividends rather than a new active stock purchase decision by the director.