Prospect Capital (PSEC) CEO Barry John F Buys 1.217M Shares

What Happened
Barry John F, chief executive officer of Prospect Capital Corp (PSEC), made a purchase of 1,217,105 common shares on Sept 4, 2026. The shares were acquired at $2.24 each for a total reported outlay of $2,726,315. The transaction is coded as a purchase (Form 4 code P), indicating an outright acquisition rather than a grant, gift, or option exercise.

Key Details

• Transaction date: Sept 4, 2026; Filing date (Form 4): Sept 9, 2026.
• Price and quantity: 1,217,105 shares at $2.24 per share; total value $2,726,315.
• Transaction type: Purchase (Form 4 code P) — open market or private purchase designation on the filing.
• Shares owned after transaction: Not disclosed in the provided filing excerpt.
• Footnotes / plans: No 10b5-1 plan, tax withholding, or other footnotes were indicated in the supplied data.
• Timeliness: The Form 4 was filed five days after the transaction (filed Sept 9 vs. transaction Sept 4), which is outside the typical 2-business-day reporting window and reduces the immediacy of the disclosure.

Context
Insider purchases can be interpreted as a sign the insider is willing to commit personal capital to the company, but they are one data point among many. Because this filing was reported after the usual 2-business-day window, investors get the information with a delay. Always combine insider activity with company fundamentals and broader market information before drawing investment conclusions.