Main Street Capital (MAIN) CFO Nelson Ryan Robert Receives Award

What Happened Nelson Ryan Robert, Chief Financial Officer and Treasurer of Main Street Capital Corporation (MAIN), received a grant of 13,602 shares on April 1, 2026 under the company's equity plan. Concurrently, 2,352 of those shares were withheld/disposed to cover tax withholding at a price of $52.96 per share, generating proceeds of $124,562. The award itself is reported at $0 in the filing (typical for restricted-stock grants reported as awards).

Key Details

• Transaction dates: April 1, 2026 (reported on Form 4 filed April 3, 2026).
• Award (code A): 13,602 shares issued under the Main Street Capital Corporation 2022 Equity and Incentive Plan (footnote F1).
• Tax withholding (code F): 2,352 shares withheld/disposed at $52.96 each (total = $124,562) to satisfy tax liabilities on the vested award (footnote F2).
• Shares owned after transaction: not specified in the filing.
• Footnote F2 notes the withholding sale was approved by the Compensation Committee and is exempt from Section 16(b) under Rule 16b-3(e) (routine tax withholding upon vesting).
• Filing timeliness: Form 4 filed April 3, 2026 reporting April 1 transactions (no late filing indicated in the report).

Context This was an equity compensation event (restricted-share award) with a routine withholding of shares to pay taxes — not an open-market sale. Such tax-withholding disposals are common when restricted stock vests and do not necessarily indicate the insider's view of the stock.