Form 4: Prospect Capital CEO John F. Barry Acquires Over 623,000 Shares in Significant Insider Purchase

John F. Barry, Chief Executive Officer, Director, and 10% Owner of Prospect Capital Corp (PSEC), acquired 623,300 shares of common stock on June 20, 2025, increasing his direct beneficial ownership to over 83 million shares.

Summary

• John F. Barry, identified as the Chief Executive Officer, a Director, and a 10% Owner of Prospect Capital Corp (PSEC), reported an acquisition of common stock.
• The transaction occurred on June 20, 2025.
• Mr. Barry acquired 623,300 shares of Prospect Capital Corp common stock.
• The acquisition price per share was $3.1907.
• Following this transaction, Mr. Barry's direct beneficial ownership stands at 83,266,025.755 shares.
• Additionally, 356,082.654 shares are indirectly beneficially owned by Mr. Barry through his spouse.
• The transaction was made pursuant to a Rule 10b5-1(c) plan, indicating a pre-arranged trading strategy.

Sentiment

Score: 8

Explanation: The acquisition of a substantial number of shares by the CEO, Director, and 10% owner indicates strong insider confidence in the company's future prospects, which is generally viewed positively by the market.

Positives

• The acquisition of 623,300 shares by John F. Barry, who holds multiple key roles including CEO, Director, and 10% Owner, signals strong insider confidence in Prospect Capital Corp's future prospects.
• This significant insider purchase further aligns management's financial interests with those of the shareholders, potentially indicating a belief that the stock is undervalued or has significant upside potential.

Future Outlook

This Form 4 filing is a disclosure of an insider transaction and does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This filing reports a specific insider transaction for Prospect Capital Corp, a business development company (BDC). Insider buying, especially by a CEO and significant owner, can be interpreted by the market as a positive signal of management's belief in the company's valuation and future performance within the BDC sector.

Corporate Governance

Related Party Transactions

• Indirect beneficial ownership of 356,082.654 shares by John F. Barry's spouse is reported.

Stakeholder Impact

• Shareholders: The significant insider buying by the CEO and a major owner may instill increased confidence in the company's valuation and future performance, potentially leading to positive sentiment and share price support.

Key Dates

Recommendation

Keywords

Prospect Capital Corp, PSEC, John F. Barry, Insider Trading, Form 4, Stock Acquisition, CEO, Director, 10% Owner, Common Stock, Rule 10b5-1