4Filed Sep 2, 8:00 PM ET
Main Street Capital (MAIN) EVP Jason Beauvais Gifts 126 Shares
$MAIN · Main Street Capital CORPResearch Summary
AI-generated summary of this SEC filing
Main Street Capital (MAIN) EVP Jason Beauvais Gifts 126 Shares
What Happened
- Jason B. Beauvais, EVP, General Counsel and Secretary of Main Street Capital (MAIN), transferred 126 shares as a gift on 2026-09-02.
- Prior to that, on 2026-08-14 he acquired 98.277 shares through the company's dividend reinvestment plan at $59.23 per share (total cost ≈ $5,821). The gift generated no proceeds.
Key Details
- Transactions:
- 2026-08-14 — Acquisition (code J): 98.277 shares @ $59.23; value ≈ $5,821. Reported as a dividend reinvestment.
- 2026-09-02 — Gift (code G): 126 shares @ $0.00; disposed as a gift.
- Shares owned after the transactions: not disclosed in the filing.
- Footnotes:
- The 8/14 acquisition was through a dividend reinvestment plan and is reported under Rule 16a-11 (exempt from Section 16 reporting requirements).
- The 9/02 transfer was a gift and is noted as exempt under Rule 16b-5 (not a Section 16(b) profit transaction).
- Filing timeliness: Form 4 was filed 2026-09-03 reporting the 9/02 gift. The dividend reinvestment is described as exempt under Rule 16a-11.
Context
- Dividend reinvestment plan purchases are routine and typically reflect automatic reinvestment of cash dividends rather than a discretionary market buy.
- Gifts are transfers for estate/planning or personal reasons and do not necessarily reflect the insider’s view of the company’s stock.