KLINSKY STEVEN B 4
Research Summary
AI-generated summary
New Mountain Finance (NMFC) Director Steven Klinsky Buys Shares
What Happened
- Steven B. Klinsky, a director of New Mountain Finance Corporation (NMFC), completed multiple purchases coded as "P" (open market or private purchases). On 2026-02-27 he acquired 46,001 shares at $7.69 ($353,858) and 92,001 shares at $7.69 ($707,708). On 2026-03-02 he acquired 62,242 shares at $7.79 ($484,566) and 124,483 shares at $7.79 ($969,125). Total acquired across the four trades: 324,727 shares for approximately $2,515,257. These are outright purchases (a buy signal) rather than sales or option exercises.
Key Details
- Transaction dates & prices:
- 2026-02-27: 46,001 @ $7.69 ($353,858) and 92,001 @ $7.69 ($707,708)
- 2026-03-02: 62,242 @ $7.79 ($484,566) and 124,483 @ $7.79 ($969,125)
- Total: 324,727 shares, ~$2.52M.
- Shares owned after transaction: Not specified in the provided summary — see the official Form 4 filing for post-transaction holdings.
- Footnotes: Several holdings are held directly by trusts (e.g., Steven B. Klinsky 2008 Long Term Trust, multiple 2024 Revocable Trusts) or indirectly through immediate family-member trusts; the reporting person disclaims beneficial ownership of certain trust-held shares except to the extent of his pecuniary interest. F1 notes inclusion of shares from the company’s dividend reinvestment plan.
- Filing timeliness: Form filed 2026-03-03. Based on the trade dates (2/27 and 3/02), the filing appears timely under the usual two-business-day Form 4 requirement.
Context
- These were purchases (P = purchase), which are generally more informative to investors than routine sales. No options were exercised and no awards, gifts, or tax-withholding transactions were reported in the provided data. For exact post-transaction ownership and full footnote details, consult the SEC filing (Accession 0001580642-26-001367).