Main Street Capital (MAIN) CEO Dwayne L. Hyzak Buys 407 Shares
$MAIN · Main Street Capital CORPResearch Summary
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Main Street Capital (MAIN) CEO Dwayne L. Hyzak Buys 407 Shares
What Happened
Dwayne L. Hyzak, CEO (also Senior Managing Director and Director) of Main Street Capital (MAIN), acquired 406.584 shares on August 14, 2026 at $59.23 per share for a total value of $24,082. The transaction is coded as an “other acquisition or disposition” (J) and reflects shares received through a dividend reinvestment.
Key Details
- Transaction date and price: 2026-08-14 at $59.23 per share.
- Shares acquired and value: 406.584 shares, approximately $24,082.
- Post-transaction shares owned: Not specified in the filing.
- Footnote: Shares were acquired under the company’s dividend reinvestment plan and the transaction is noted as exempt from Section 16 under Rule 16a-11.
- Filing date: Form 4 was filed 2026-09-15 (about one month after the transaction); the filing shows the transaction but the dividend reinvestment is described as exempt under Rule 16a-11.
Context
Dividend reinvestment purchases are routine automatic acquisitions that convert cash dividends into additional shares. Such transactions are common and typically reflect plan mechanics rather than a discrete trading decision by the insider. Rule 16a-11 can exempt qualifying dividend reinvestment transactions from Section 16 short-swing liability, which is why the filing notes the exemption.