Gilbert Cory 4

What Happened
Gilbert Cory, Chief Financial Officer and Treasurer of MSC Income Fund, Inc. (MSIF), acquired 110.363 shares on January 30, 2026, at $12.95 per share for a total of $1,429. The transaction is reported as an "Other acquisition" (code J) and represents shares purchased through the fund's dividend reinvestment plan (DRIP), a routine way to use dividends to buy additional shares.

Key Details

• Transaction date: 2026-01-30
• Transaction type/code: Other acquisition (J) — dividend reinvestment
• Price per share: $12.95; Shares acquired: 110.363; Total value: $1,429 (rounded)
• Footnote: Acquired under a dividend reinvestment plan; transaction noted as exempt from Section 16 under Rule 16a-11 (F1)
• Filing date: 2026-03-10 — this Form 4 was filed more than a month after the transaction (late filing)

Context
Dividend reinvestment purchases are typically routine and use regular dividend payments to acquire (often fractional) shares; they are generally viewed as administrative rather than strong signals of insider sentiment. Rule 16a-11 provides an exemption for certain DRIP transactions from Section 16 reporting requirements, though this Form 4 still discloses the acquisition. The late filing means the report was not submitted within the usual two-business-day window; late filings should be noted but do not, by themselves, indicate misconduct.