NELSON RYAN ROBERT 4
4 · Main Street Capital CORP · Filed Apr 3, 2026
Research Summary
AI-generated summary of this filing
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.
Insider Transaction Report
- Award
Common Stock
[F1]2026-04-01+13,602→ 32,887 total - Tax Payment
Common Stock
[F2]2026-04-01$52.96/sh−2,352$124,562→ 30,535 total
Footnotes (2)
- [F1]Shares issued under the Main Street Capital Corporation 2022 Equity and Incentive Plan.
- [F2]Shares withheld for payment of tax liability upon vesting of restricted shares granted under the Main Street Capital Corporation 2022 Equity and Incentive Plan. This withholding transaction was approved by the Compensation Committee of Main Street's Board of Directors in accordance with Rule 16b-3(d)(1) of the Securities Exchange Act of 1934 (the "Act"), and as such, the sale is exempt from section 16(b) of the Act pursuant to Rule 16b-3(e) promulgated thereunder.