The estimated Net Worth of David L. Magdol is at least $27.7 Million dollars as of 29 March 2022. Mr. Magdol owns over 100,000 units of Main Street Capital stock worth over $16,370,500 and over the last 14 years he sold MAIN stock worth over $7,657,000. In addition, he makes $3,674,270 as President, Chief Investment Officer, and Senior Managing Director at Main Street Capital.
David has made over 67 trades of the Main Street Capital stock since 2011, according to the Form 4 filled with the SEC. Most recently he sold 100,000 units of MAIN stock worth $4,245,000 on 29 March 2022.
The largest trade he's ever made was selling 100,000 units of Main Street Capital stock on 29 March 2022 worth over $4,245,000. On average, David trades about 1,104 units every 20 days since 2010. As of 29 March 2022 he still owns at least 333,140 units of Main Street Capital stock.
You can see the complete history of Mr. Magdol stock trades at the bottom of the page.
David L. Magdol serves as President, Chief Investment Officer, Senior Managing Director of the Company. He has served as President since November 2018 and Chief Investment Officer and Senior Managing Director since 2011. Mr. Magdol is also the chairman of our management team's investment committee and a member of our management team's executive committee. Previously, he served as Vice Chairman from 2015 until November 2018. Mr. Magdol has served in other senior executive positions at Main Street since prior to its IPO in 2007. Mr. Magdol has also served as a Senior Managing Director and in other executive positions of several Main Street predecessor funds and entities, which are now subsidiaries of ours, since 2002. Mr. Magdol joined Main Street from the investment banking group at Lazard Freres & Co. Prior to Lazard, he managed a portfolio of private equity investments for the McMullen Group, a private investment firm/family office capitalized by Dr. John J. McMullen, the former owner of the New Jersey Devils and the Houston Astros. Mr. Magdol began his career in the structured finance services group of JP Morgan Chase.
As the President, Chief Investment Officer, and Senior Managing Director of Main Street Capital, the total compensation of David Magdol at Main Street Capital is $3,674,270. There are no executives at Main Street Capital getting paid more.
David Magdol is 49, he's been the President, Chief Investment Officer, and Senior Managing Director of Main Street Capital since 2018. There are 13 older and 14 younger executives at Main Street Capital. The oldest executive at Main Street Capital Corporation is Arthur French, 79, who is the Lead Independent Director.
David's mailing address filed with the SEC is 1300 Post Oak Blvd, Houston, TX 77056, USA.
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: