Beauvais Jason B 4
Research Summary
AI-generated summary
Main Street Capital (MAIN) EVP Jason Beauvais Buys 99 Shares via DRIP
What Happened
- Jason B. Beauvais, EVP, General Counsel and Secretary of Main Street Capital (MAIN), acquired 98.724 shares on 2026-04-15 at $56.38 per share for a reported total of $5,566. The transaction is an acquisition (code J) via a dividend reinvestment plan, i.e., shares were purchased by reinvesting dividends rather than an open-market buy.
Key Details
- Transaction date and price: 2026-04-15 at $56.38 per share.
- Shares acquired: 98.724; reported aggregate value: $5,566.
- Transaction type/code: J (other acquisition) — footnote states acquisition under the company’s dividend reinvestment plan and that the transaction is exempt from Section 16 under Rule 16a-11.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Filing timeliness: Form 4 was filed on 2026-05-06, 21 days after the transaction (late relative to the usual 2-business-day Form 4 deadline).
Context
- This was a dividend reinvestment (DRIP) acquisition — a routine way insiders increase holdings using dividends and not the same as a discretionary open-market purchase. Such DRIP transactions often reflect an automatic plan rather than an active trading decision.