ALLISON THOMAS J. 4
4 · MONROE CAPITAL Corp · Filed Apr 14, 2026
Research Summary
AI-generated summary of this filing
Monroe Capital (MRCC) Director Allison Thomas Sells 53,102 Shares
What Happened
Allison Thomas, a director of Monroe Capital Corporation (MRCC), recorded a disposition of 53,102.058 MRCC shares on April 14, 2026 (transaction code D). This disposition was effected pursuant to the merger of MRCC into Horizon Technology Finance Corporation (HRZN). Under the merger, each MRCC share was converted into the right to receive 0.9402 shares of HRZN. Using HRZN’s closing price on April 13, 2026 ($4.57), the transaction represents an effective value of roughly $228,164 (53,102.058 * 0.9402 * $4.57). This was a merger-related conversion to the issuer, not an open-market sale.
Key Details
- Transaction date: 2026-04-14 (reported same day).
- Disposed: 53,102.058 MRCC shares (transaction code D — disposition to issuer).
- Conversion: 0.9402 HRZN shares per MRCC share under the Merger Agreement.
- Reference price: HRZN close 04/13/2026 = $4.57; implied total ≈ $228,164.
- Shares owned after transaction: MRCC shares were converted under the merger (Form 4 reflects disposition); remaining MRCC equity effectively ceased as a separate public class. The filing does not list a post-transaction MRCC share balance.
- Footnote: Disposal “pursuant to” the Agreement and Plan of Merger dated August 7, 2025 (see F1).
- Timeliness: Filing and reported transaction date are the same (timely).
Context
This was a corporate-action disposition tied to a merger (conversion of MRCC shares into HRZN shares), not a routine insider sale in the open market. Merger-driven dispositions are transactional/structural and do not necessarily signal the insider’s view on the company’s outlook.
Insider Transaction Report
- Disposition to Issuer
Common Stock
[F1]2026-04-14−53,102.058→ 0 total
Footnotes (1)
- [F1]Disposed of upon the completion of, and pursuant to, the transactions contemplated by the Agreement and Plan of Merger, dated as of August 7, 2025, by and among Horizon Technology Finance Corporation ("HRZN"), a Delaware corporation, Monroe Capital Corporation ("MRCC"), a Maryland corporation, HMMS, Inc., a Maryland corporation, Monroe Capital BDC Advisors, LLC, a Delaware limited liability company, and Horizon Technology Finance Management LLC, a Delaware limited liability company (the "Merger Agreement"). Pursuant to the Merger Agreement, each share of MRCC common stock, par value $0.001 per share, was converted into the right to receive 0.9402 shares of HRZN common stock, par value $0.001 per share. The market price of HRZN common stock at the close of trading on April 13, 2026, the last trading day prior to closing of the merger, was $4.57.