1 insider bought €10k of shares over the last 90 days, the latest filed 27 Aug 2026.
MSC Income Fund, Inc. is a Finance & Banking company. Its directors and officers file their transactions with SEC (Form 4). In the past year (18 October 2025 to 18 October 2026), 18 filings came from 8 insiders.
No insider sold shares on the market over the period. Instead, the filings list 7 purchases totalling €93k, made by 5 insiders. The totals do not cover 2 filings with an undisclosed amount. A purchase on the market is a deliberate choice to commit personal money, which is why it draws more attention than a grant. Biggest ticket of the year: €42k, bought by Hyzak Dwayne L. and made public on 31 December 2025. On the buying side, the filings list 2 senior executives, 2 chief executives and 1 finance chief among the declarants.
With 18 filings in twelve months, the company is quieter than the median of 19 filings across the 5,816 companies we follow on the same exchange. The full history, which starts in 2021, counts 24 purchases against no sales. For the fiscal year to 31 December 2025, the annual 10-K puts net income at 88.7 m USD, and the dividend at 1.44 USD per share.
The data flag 2 purchases as part of a group of insiders buying within 30 days of each other. When several insiders buy within a few weeks of each other, analysts speak of a cluster purchase. The most recent open-market purchase was published on 27 August 2026, 51 days ago. Between a trade and the moment it shows up on SEC (Form 4), the median delay is 14 days. Section 16 rules allow two business days to file each Form 4.
Other companies in the same sector with recent insider buying flagged by our signals: First Guaranty Bancshares, Inc. and BCB Bancorp Inc. Every figure here comes from the filings published by SEC (Form 4) and describes the past, not future prices; it is not investment advice.
+4 other insiders
Entry is the close on the day after publication, the first price a reader could act on. Prices in the listing currency. Past moves are not a forecast.
This score ranks the purchase within its own market. A position size is suggested only on the venues of the backtested strategy universe; elsewhere, signals stay on watch. Not investment advice.
FY ended December 2025 · cache
25 of 118 declarations
MSC Income Fund, Inc. (NYSE / NYSE Texas: MSIF) is a U.S.-listed American investment company structured as a business development company (BDC) focused on private-market credit. Headquartered in Houston, Texas, in the United States, the firm was formed in November 2011 to operate as an externally managed BDC under the Investment Company Act of 1940. Its core model is that of a private debt investor, with a niche emphasis on private U.S. companies in the lower middle market and middle market segments, typically financing buyouts, recapitalizations, growth transactions, refinancings, and acquisitions. ([sec.gov](https://www.sec.gov/Archives/edgar/data/0001535778/000153577826000026/msif-20251231.htm?utm_source=openai))
Operationally, MSC Income Fund primarily provides secured debt capital, while also maintaining a portfolio of customized long-term debt and equity investments. In practice, this makes the company a financing partner for private equity sponsors, entrepreneurs, business owners, and management teams that need flexible capital structures. The fund’s “one-stop” approach allows it to support a broad range of private-company situations across diverse industries, combining current income from debt with the potential upside of equity participation when appropriate. ([nasdaq.com](https://www.nasdaq.com/press-release/msc-income-fund-announces-dual-listing-nyse-texas-2025-08-18?utm_source=openai))
From a competitive standpoint, MSIF operates in a crowded direct-lending and BDC environment, competing with other income-oriented credit vehicles for sponsor relationships and attractive risk-adjusted yields. A key strategic feature is its affiliation with Main Street Capital Corporation: MSC Adviser I, LLC, a wholly owned registered investment adviser of Main Street, serves as the investment adviser and administrator. That relationship provides platform benefits in sourcing, underwriting, and execution, especially in the U.S. private lower middle market. ([nasdaq.com](https://www.nasdaq.com/press-release/msc-income-fund-completes-follow-public-offering-and-listing-its-shares-new-york?utm_source=openai))
The company is listed in the U.S. public markets on the NYSE under the ticker MSIF and also announced a dual listing on NYSE Texas in August 2025. Its NYSE listing followed a follow-on public offering and became effective in January 2025, increasing the fund’s market visibility among income-focused investors. ([nasdaq.com](https://www.nasdaq.com/press-release/msc-income-fund-completes-follow-public-offering-and-listing-its-shares-new-york?utm_source=openai))
Recent highlights have centered on balance-sheet management and shareholder returns. In March 2025, MSC Income amended and extended its SPV revolving credit facility with JPMorgan Chase, lowering the borrowing spread and extending maturities to 2030. The company then reported steady 2025 performance and early 2026 results, with net asset value around $15.8 per share, recurring investment income, and continued quarterly dividends supplemented by extra payouts. In May 2026, management announced a shift from quarterly to monthly regular dividends beginning in July 2026, a notable signal for investors seeking more frequent income distribution. ([mscincomefund.com](https://www.mscincomefund.com/investors/news/press-releases/detail/136/msc-income-fund-amends-and-extends-its-spv-credit-facility?utm_source=openai))
Purchases our model currently ranks for the recommendations list.
All recommendations| Fiscal year end | Revenue | Net income | Diluted EPS | Dividend per share | Filing |
|---|---|---|---|---|---|
| Dec 2025 | n.d. | 88.7 m USD | 1.33 USD | 1.44 USD | 10-K |
| Dec 2024 | n.d. | 56.6 m USD | 1.34 USD | 1.45 USD | 10-K |
| Dec 2023 | n.d. | 66.2 m USD | 1.38 USD | 1.40 USD | 10-K |
| Dec 2022 | n.d. | 45.6 m USD | 1.32 USD | 0.65 USD | 10-K |
| Dec 2021 | n.d. | 73.6 m USD | 0.67 USD | n.d. | 10-K |
Amounts in USD, as filed (forms 10-K, 20-F or 40-F). Source: SEC EDGAR.