Quarterly report [Sections 13 or 15(d)]

RELATED PARTY TRANSACTIONS (Tables)

v3.25.1
RELATED PARTY TRANSACTIONS (Tables)
 3 Months Ended
Mar. 31, 2025
Related Party Transactions [Abstract]  
Schedule of Related Party Transactions
The following table summarizes Main Street’s purchases of MSC Income’s common stock.
Trade Date (1)
Shares Purchased (2)
Price per Share (2)
 Total Cost
(in thousands)
May 2, 2022 47,349 $ 15.84  $ 750 
May 1, 2023 127,877  15.64  2,000 
August 1, 2023 174,271  15.78  2,750 
September 25, 2023 (3) 57,692  13.00  750 
October 31, 2023 237,944  15.76  3,750 
January 31, 2024 157,035  15.92  2,500 
May 1, 2024 157,629  15.86  2,500 
August 1, 2024 125,314  15.96  2,000 
January 30, 2025 (4) 289,761  15.53  4,500 
Total Shares Owned by Main Street 1,374,872 
___________________________
(1)Unless otherwise noted below, Main Street purchased shares at the price shares were purchased by MSC Income stockholders pursuant to MSC Income’s dividend reinvestment plan for its dividend on such date.
(2)MSC Income completed a two-for-one reverse stock split, effective as of December 16, 2024; as such, shares purchased and price per share have been adjusted to reflect the reverse stock split on a retrospective basis.
(3)Main Street purchased shares through the modified “Dutch Auction” tender offer commenced by MSC Income and Main Street in August 2023 to purchase, severally and not jointly, up to an aggregate of $3.5 million of shares from stockholders of MSC Income, subject to the conditions described in the offer to purchase dated August 16, 2023.
(4)In January 2025, MSC Income completed a follow-on public offering of its common stock (the “MSIF Public Offering”). Main Street purchased 289,761 shares of MSC Income common stock in the MSIF Public Offering at the public offering price of $15.53.