Form 4: Runway Growth Finance Corp. CEO R. David Spreng Reports Changes in Beneficial Ownership

R. David Spreng, CEO of Runway Growth Finance Corp., reports an in-kind transfer and distribution of common stock, as well as shares acquired through the dividend reinvestment plan.

Summary

• On March 28, 2025, R. David Spreng reported changes in his beneficial ownership of Runway Growth Finance Corp. (RWAY) common stock.
• The transactions include an in-kind transfer of 30,636.67 shares from Runway Growth Holdings LLC to Mr. Spreng at a price of $10.75 per share.
• Additionally, 61,985.916 shares were distributed from Runway Growth Holdings LLC to its employees.
• Mr. Spreng directly owns 101,168.51 shares of common stock following the reported transactions.
• He also indirectly owns 147,525.004 shares through Runway Growth Holdings LLC and 31,686.32 shares through a 401(k) plan.
• The reported transactions also include shares acquired through the company's automatic dividend reinvestment plan (DRIP).

Sentiment

Score: 5

Explanation: This is a routine regulatory filing, so the sentiment is neutral. It simply reports transactions.

Management Comments

• Mr. Spreng disclaims any beneficial ownership of the securities held by Runway Growth Holdings LLC.

Industry Context

Form 4 filings are standard disclosures required by the SEC for insiders of publicly traded companies, providing transparency into their transactions and holdings.

Stakeholder Impact

• Shareholders are informed about the transactions of a key executive, providing transparency into insider activity.

Key Dates

Keywords

Runway Growth Finance Corp., RWAY, R. David Spreng, Beneficial Ownership, Form 4, SEC Filing, Common Stock, Dividend Reinvestment Plan, Runway Growth Holdings LLC