The estimated Net Worth of Vincent D Foster is at least $22.7 Million dollars as of 1 June 2024. Mr. Foster owns over 971 units of Main Street Capital stock worth over $8,799,254 and over the last 22 years he sold MAIN stock worth over $11,625,436. In addition, he makes $2,263,220 as Executive Chairman of the Board at Main Street Capital.
Vincent has made over 92 trades of the Main Street Capital stock since 2006, according to the Form 4 filled with the SEC. Most recently he exercised 971 units of MAIN stock worth $47,715 on 1 June 2024.
The largest trade he's ever made was selling 50,000 units of Main Street Capital stock on 2 March 2022 worth over $2,157,500. On average, Vincent trades about 2,057 units every 23 days since 2003. As of 1 June 2024 he still owns at least 179,065 units of Main Street Capital stock.
You can see the complete history of Mr. Foster stock trades at the bottom of the page.
Vincent D. Foster J.D., CPA serves as Executive Chairman of the Board of the Company. Mr. Foster has served as Chairman of Main Street's Board of Directors and Main Street's Chief Executive Officer since 2007 and also served as Main Street's President from 2012 until 2015. He has also been a member of our investment committee since its formation in 2007, a member of our credit committee since its formation in 2011 and a member of our executive committee since its formation in 2015. Mr. Foster also currently serves as a founding director of Quanta Services, Inc. (NYSE: PWR), which provides specialty contracting services to the power, natural gas and telecommunications industries. He also served as a director of U.S. Concrete, Inc. (NASDAQ-CM: USCR) from 1999 until 2010, Carriage Services, Inc. (NYSE: CSV) from 1999 to 2011, HMS Income Fund, Inc., a non-publicly traded business development company of which MSC Adviser I, LLC, a wholly owned subsidiary of Main Street, acts as the investment sub-adviser, from 2012 until 2013 and Team, Inc. (NYSE: TISI) from 2005 until 2017. In addition, Mr. Foster served as a founding director of the Texas TriCities Chapter of the National Association of Corporate Directors from 2004 to 2011. Mr. Foster, a certified public accountant, had a 19 year career with Arthur Andersen, where he was a partner from 1988-1997. Mr. Foster was the director of Andersen's Corporate Finance and Mergers and Acquisitions practice for the Southwest United States and specialized in working with companies involved in consolidating their respective industries. From 1997, Mr. Foster co-founded and has acted as co-managing partner or chief executive of several Main Street predecessor funds and entities, which are now subsidiaries of ours. He has extensive experience in tax, accounting, mergers and acquisitions, corporate governance and finance.
As the Executive Chairman of the Board of Main Street Capital, the total compensation of Vincent Foster at Main Street Capital is $2,263,220. There are 2 executives at Main Street Capital getting paid more, with David Magdol having the highest compensation of $3,674,270.
Vincent Foster is 63, he's been the Executive Chairman of the Board of Main Street Capital since 2018. There are 3 older and 24 younger executives at Main Street Capital. The oldest executive at Main Street Capital Corporation is Arthur French, 79, who is the Lead Independent Director.
Vincent's mailing address filed with the SEC is 1300 POST OAK BLVD, 8TH FLOOR, HOUSTON, TX, 77056.
Over the last 14 years, insiders at Main Street Capital have traded over $24,072,125 worth of Main Street Capital stock and bought 510,212 units worth $14,669,551 . The most active insiders traders include Vincent D Foster, Brian E. Lane, and Dwayne L. Hyzak. On average, Main Street Capital executives and independent directors trade stock every 6 days with the average trade being worth of $64,324. The most recent stock trade was executed by Nicholas Meserve on 7 March 2024, trading 6,000 units of MAIN stock currently worth $275,760.
main street capital corporation (nyse: main) is a principal investment firm that provides long-term debt and equity capital to lower middle market companies and debt capital to middle market companies. main street’s portfolio investments are typically made to support management buyouts, recapitalizations, growth financings, refinancings and acquisitions of companies that operate in diverse industry sectors. main street seeks to partner with entrepreneurs, business owners and management teams and generally provides "one-stop" financing alternatives within its lower middle market portfolio. main street’s lower middle market companies generally have annual revenues between $10 million and $150 million. main street’s middle market debt investments are made in businesses that are generally larger in size than its lower middle market portfolio companies.
Main Street Capital executives and other stock owners filed with the SEC include: