MSC INCOME FUND, INC.·4

May 19, 4:30 PM ET

Walker Jeffrey B. 4

Research Summary

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MSC Income Fund (MSIF) Director Jeffrey B. Walker Acquires 600 Shares

What Happened
Jeffrey B. Walker, a director of MSC Income Fund, Inc. (MSIF), acquired 599.653 shares on May 1, 2026 at $12.99 per share, for a total value of approximately $7,789. The transaction is reported as an "Other acquisition or disposition (J)" and was effected through the fund’s dividend reinvestment plan.

Key Details

  • Transaction date and price: 2026-05-01 at $12.99 per share.
  • Shares acquired and value: 599.653 shares; total ≈ $7,789.
  • Shares owned after transaction: Not specified in the provided filing.
  • Footnote: F1 — shares were acquired under a dividend reinvestment plan; the transaction is described as exempt from Section 16 reporting under Rule 16a-11.
  • Filing timeliness: Form 4 was filed on 2026-05-19 for a 2026-05-01 transaction (later than the typical 2-business-day Form 4 window).

Context
Dividend reinvestment transactions are common for fund insiders and typically reflect automatic reinvestment of dividends rather than a discretionary market purchase. These small, routine acquisitions are informational but do not necessarily indicate a change in the insider’s view of the company. The Rule 16a-11 note explains why this DRIP-linked acquisition is treated differently for Section 16 reporting purposes.