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MSIF MSC INCOME FUND, INC. Insider Trading

Latest: Director Bought $50K of Shares · Jun 2026

Multiple insiders have been active at MSC INCOME FUND, INC. (MSIF): 7 distinct insiders account for 18 buy filings and 0 sell filings as of Jun 2026. Its highest-significance filing in the last 90 days: Director Jeffrey B. Walker bought $50K, transaction dated Jun 2026.

18 filings analyzed · Latest 2026-06-30

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Buys
18
Sells
0
Insiders
7
Direction
Net buying

MSC INCOME FUND, INC. leadership

CEO
Dwayne L. Hyzak — Chief Executive Officer
CFO
Cory E. Gilbert — Chief Financial Officer
COO
Jesse E. Morris — Executive Vice President and Chief Operating Officer
General Counsel
Jason B. Beauvais — Executive Vice President, General Counsel and Secretary
Chair
Dwayne L. Hyzak — Chairman of the Board and Chief Executive Officer

Historically, medium-priority insider buys have outperformed the S&P 500 by a median ~1% over the 30 days after the trade — the edge is concentrated in that first month (n ≈ 7,162, 2024-2026). Past results don't predict the future. How we measure this ↗

June 2026
2026-06-30
medium
CEO, SMD
5,969 shares
$69,718
@ $11.68
Significance 4

CEO Hyzak bought 5,969 shares of MSIF at $11.68; stock now $11.57, -31.9% from 52-week high of $17.00.

Dwayne L. Hyzak, CEO of SMD, purchased 5,969 shares of MSC INCOME FUND, INC. (MSIF) on 2026-06-30 at $11.68, bringing his holdings to 70,712 shares. The purchase occurred at a price 0.9% below the current market price of $11.57, and the stock is currently trading 31.9% below its 52-week high of $17.00. Notably, this is his second purchase in the same calendar month—he also bought on 2026-06-09—following a prior purchase on 2025-12-30 that saw a 90-day decline of -9.1%. Across his prior four trades at MSIF, only 1 of 2 measurable same-ticker buys was well-timed at the 90-day mark, suggesting his timing decisions at this specific security have not been consistently accurate. The company's fundamentals show a P/E of 6.09 and net income of $13,223,000.00, though the broader price trend (down 31.9% from peak) and the insider's mixed timing history at this ticker warrant close observation of subsequent price action.

2026-06-25
medium
Managing Director
2,500 shares
$28,575
@ $11.43
Significance 5

Managing Director Nicholas Meserve buys 2,500 shares of MSIF at $11.43; holdings rise to 12,500 shares

Nicholas Meserve, Managing Director at MSC INCOME FUND, INC., purchased 2,500 shares at $11.43 on 2026-06-23, increasing his holdings by 25.0% from 10,000 to 12,500 shares. The transaction occurred when the stock was trading 35.0% below its 52-week high of $17.60, and the current price of $11.44 is 6.0% lower over the past 30 days and 6.4% lower over 90 days. The company trades at a P/E of 6.02 with net income of $13,223,000.00, but the insider's cross-ticker track record shows only 1 prior sell, providing limited insight into any established pattern of market-timing success at this or other holdings.

2026-06-15 Cluster
medium
CFO and Treasurer
1,000 shares
$11,780
@ $11.78
Significance 5

CFO Cory Gilbert buys 1,000 MSIF shares at $11.78; cluster buy pattern with 2 other insiders in past 14 days

Cory Gilbert, CFO and Treasurer, purchased 1,000 shares at $11.78 on 2026-06-11, increasing his holdings to 6,513 shares (+18.1% vs pre-transaction holdings). The stock currently trades at $11.69, down 3.1% over 30 days and 10.8% over 90 days, and is 35.2% below its 52-week high of $18.05. At MSIF specifically, Gilbert's four prior purchases show a 1 of 3 success rate at the 90-day mark (prior buy on 2026-03-31 gained +5.8% in 30 days, but earlier 2025 purchases delivered -4.2%, -3.4%, and -3.1% initial returns). The trade coincides with 2 other insider purchases within the past 14 days, forming a cluster-buy pattern that warrants observation. The company carries a low P/E of 6.15 with $13.2M net income, though the stock's recent weakness and Gilbert's mixed prior timing record at this ticker should be weighed against the multi-insider activity.

2026-06-11
medium
CEO, SMD
4,274 shares
$49,979
@ $11.69
Significance 5

CEO Hyzak buys 4,274 shares of MSIF for $49,979.43 at blended avg $11.69, increasing holdings 7.1%

Dwayne L. Hyzak, CEO of SMD, executed 2 separate purchases totaling 4,274 shares for $49,979.43 on 2026-06-09, increasing his holdings in MSC INCOME FUND, INC. from 60,469 to 64,743 shares. The transaction occurred at a blended average price of $11.69, which is below the current price of $11.82 and notably below the 52-week high of $18.09 (stock is -34.7% from peak). At his prior 2 MSIF trades (2025-12-30 and 2025-09-29), outcomes were mixed: the December buy delivered +1.8% at 30 days but -9.1% at 90 days, while the September buy showed -6.2% at 30 days but recovered to +1.1% at 90 days. His cross-ticker track record shows 2 prior buys with an average 90-day return of -4.0% (50% win rate), suggesting inconsistent timing on open-market equity purchases. The company's valuation metrics (P/E 6.22, net income $13.2M on $536.0M market cap) present a low multiple, though this does not predict whether the current equity purchase will be preceded or followed by favorable price action.

2026-06-08
medium
4,162 shares
$50,030
@ $12.02
Significance 6

Director Jeffrey B. Walker buys 4,162 shares at $12.02 avg for $50,029.53; repeats prior buy pattern at MSIF with 100% 90-day win rate.

Jeffrey B. Walker, Director of MSC INCOME FUND, INC., executed 2 separate purchases totaling 4,162 shares for $50,029.53 on 2026-06-04 and 2026-06-05 at an average price of $12.02, increasing his holdings by 18.8% from 22,148 to 26,310 shares. This buying activity mirrors his prior MSIF purchases on 2025-09-26 and 2025-09-25, both of which posted positive 90-day returns (+0.4%), demonstrating a consistent buy pattern at this ticker with a 100% 90-day win rate on same-ticker history. The current price of $11.71 sits -35.3% below the 52-week high, and the stock has declined -8.9% over 30 days and -6.5% over 90 days; Walker's purchase prices ($12.02–$12.03) are above the current level, suggesting the transaction occurred as prices were still elevated relative to today. The P/E ratio of 6.16 and net income of $13,223,000 provide fundamental support, though the stock's recent weakness and current discount to 52-week highs merit attention as context for the buy decision.

May 2026
2026-05-19
medium
4,922 shares
$59,556
@ $12.10
Significance 4

Director Niemann buys 4,922 shares of MSIF at $12.10; stock now -33.8% from 52-week high and -8.8% over 30 days.

Niemann John O. Jr. purchased 4,922 shares at $12.10 on 2026-05-15, increasing his MSIF position by 12.7% to 43,648 shares. The timing follows a period of weakness: the stock trades $11.97, down 33.8% from its 52-week high of $18.09 and down 8.8% over the past 30 days. Historically, his prior buys at MSIF show mixed results—two of four prior purchases demonstrated positive 90-day returns (at-ticker basis), but his cross-ticker track record averages a 90-day return of -2.9% across five prior buys with a 40% win rate. The current price point is below his transaction price, offering limited immediate validation for the purchase decision.

April 2026
2026-04-02
medium
CFO and Treasurer
825 shares
$10,065
@ $12.20
Significance 4

CFO Cory buys 825 MSIF shares at $12.20; stock down 8.2% over 90 days, P/E 5.10

Gilbert Cory, CFO and Treasurer, purchased 825 shares at $12.20 on 2026-03-31, increasing his holdings to 5,392 shares, an 18.1% increase. The stock has declined 8.2% over the 90-day period and currently trades at $12.35, down 31.3% from its 52-week high of $17.98. His prior trades at MSIF show mixed outcomes: two prior buys (2025-09-30 and 2025-08-28) experienced 90-day gains, while one (2025-08-29) posted a 90-day loss. The company's P/E of 5.10 and net income of $26,529,000.00 suggest a modest valuation multiple relative to earnings. With stock momentum negative over 30 and 90 days, the purchase occurs in a period of sustained weakness, though fundamentals remain available for investor evaluation.

March 2026
2026-03-31
low
1,000 shares
$12,610
@ $12.61
Significance 4

Director Nataly Michelle Marks purchases 1,000 shares of MSIF at $12.61; stock down -32.3% from 52-week high of $17.98

Director Nataly Michelle Marks initiated a 1,000-share position in MSC INCOME FUND, INC. at $12.61 per share on 2026-03-27, representing her first purchase of the stock. The acquisition occurs after the stock has declined -32.3% from its 52-week high of $17.98, trading 30-day down -1.3% and 90-day down -7.3%. The company trades at a P/E of 5.03 with a market cap of $560.6M and reported net income of $26.5M. As a new position, this buy provides a data point on insider appetite at current valuation levels, though the modest size (1.0K shares valued at $12.6K) and lack of prior transaction history limit the evidentiary weight.

2026-03-10
medium
1,887 shares
$23,437
@ $12.42
Significance 4

Director Niemann buys 1,887 shares of MSIF at $12.42; stock down 30.4% from 52-week high, P/E 5.17.

Director John O. Niemann Jr. purchased 1,887 shares at $12.42 on 2026-03-09, increasing his holdings by 5.1% to 38,726 shares. The purchase occurs after the stock has declined 30.4% from its 52-week high of $17.98 and 12.0% over the past 90 days, now trading at $12.52. The company trades at a P/E of 5.17 with net income of $26,529,000.00. Examining Niemann's same-ticker history at MSIF, 2 of 3 prior buys showed positive 90-day returns, and this transaction adds to a pattern of recurring purchases at the ticker. His cross-ticker track record shows a 50.00% win rate over 90 days with an average 90-day return of -2.7%, suggesting mixed timing precision historically, though the current low valuation metric (P/E 5.17) and extended drawdown from the 52-week high may merit monitoring for whether this accumulation reflects an attractive entry point or a deteriorating trend.

December 2025
2025-12-31
medium
CEO, SMD
3,712 shares
$49,852
@ $13.43
Significance 4

CEO Hyzak buys 3,712 shares of MSIF at $13.43; stock now $13.14, down 26.9% from 52-week high.

CEO Dwayne L. Hyzak purchased 3,712 shares at $13.43, increasing his holdings by 6.6% to 59,781 shares. The stock is currently trading at $13.14, below the transaction price and substantially depressed from its 52-week high of $17.98. His prior buy at MSIF on 2025-09-29 at the same $13.43 price point showed a positive 90-day return of 1.1%, establishing a pattern of well-timed purchases at this ticker. With a valuation of P/E 7.78 and net income of $26,529,000.00, the fundamentals do not suggest distress. The repeated buying at the same price level across two separate dates warrants tracking to see if this price point represents a sustained conviction area or reflects constrained liquidity.

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