Form 4: Runway Growth Finance Corp. Officer Thomas B. Raterman Acquires 5,000 Shares

Sentiment:

SEC Form 4 Filing


Thomas B. Raterman, CFO, COO, Treasurer, and Secretary of Runway Growth Finance Corp., purchased 5,000 shares of common stock at $10.08 per share on August 13, 2024.

Summary

  • On August 13, 2024, Thomas B. Raterman, an officer of Runway Growth Finance Corp., acquired 5,000 shares of common stock at a price of $10.08 per share.
  • Following this transaction, Mr. Raterman directly owns 27,441 shares, which includes shares acquired through the company's dividend reinvestment plan.
  • He also has indirect beneficial ownership of 179,964.92 shares through Runway Growth Holdings LLC.
  • Mr. Raterman disclaims beneficial ownership of the shares held by Runway Growth Holdings LLC.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine filing indicating an officer's stock purchase, which can be seen as a slightly positive sign of confidence, but it's not a major event.

Positives

  • An officer's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.

Management Comments

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

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

  • The transaction could have a minor positive impact on shareholder sentiment.

Key Dates

DateDescription
08/13/2024Date of transaction: Thomas B. Raterman purchased 5,000 shares of common stock.
08/14/2024Date of signature on the Form 4 filing.

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