McHugh Ryan 4

What Happened
Ryan McHugh, VP, CAO & Assistant Treasurer of Main Street Capital (MAIN), acquired a total of 76.124 shares on 2026-05-15 through dividend reinvestment. The transactions were reported as two acquisitions: 41.300 shares at $50.69 (≈ $2,093) and 34.824 shares at $50.69 (≈ $1,765), for a combined cost of approximately $3,858. These were acquisitions (not sales) and come from dividend reinvestment activity rather than an open-market purchase.

Key Details

• Transaction date: 2026-05-15. Report filed: 2026-05-28 (13 days after the transactions). This exceeds the typical two-business-day Form 4 filing window.
• Prices and amounts: 41.300 shares @ $50.69 (≈ $2,093); 34.824 shares @ $50.69 (≈ $1,765); total ≈ $3,858.
• Transaction code: J (other acquisition/disposition) with footnote F1 indicating shares were acquired under a dividend reinvestment plan and the transaction is exempt from Section 16 under Rule 16a-11.
• Shares owned after the transaction: Not specified in the provided filing excerpt.
• Filing timeliness: Late filing may be noted by regulators/investors; it does not change the nature of the transactions.

Context
Dividend reinvestment plan (DRIP) purchases are routine: dividends are automatically used to buy additional company shares and are often exempt from short-swing profit rules under Rule 16a-11. Such acquisitions typically reflect plan mechanics rather than a deliberate buy/sell decision by the insider.