Major Shareholder John F. Barry III Increases Stake by $22.95M Through Open Market Purchases
PSEC is trading near its 52-week low of $2.45 (11% above the low).
Summary
John F. Barry III, a significant shareholder, has substantially increased his ownership in Prospect Capital Corp through open market purchases totaling approximately $22.95 million since November 2024.
Key Events · Ownership and Investor Activity · PSEC
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Significant Open Market Purchases
John F. Barry III acquired 8,446,958 shares of common stock on the open market using personal funds between November 2024 and March 2026.
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Substantial Investment Value
These open market purchases represent an approximate investment of $22.95 million, based on the current stock price.
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Increased Ownership Stake
Mr. Barry's aggregate ownership, including shares held by the John & Daria Barry Foundation and IRA accounts, now totals 130,310,032.69 shares, representing 26.9% of the company's outstanding common stock.
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Dividend Reinvestment
Additional shares were acquired through dividend reinvestment plans by Mr. Barry and his spouse's IRA accounts.
Analysis · PSEC · Unknown
This Schedule 13D/A filing reveals that John F. Barry III, a major individual shareholder, has acquired an additional 8.45 million shares of Prospect Capital Corp on the open market, representing a significant investment of approximately $22.95 million. These purchases, made with personal funds, demonstrate strong conviction in the company's prospects from a highly influential insider. This substantial increase in his stake, which now stands at 26.9% of the company, provides a positive signal to the market, especially following the recent PRE 14A filing regarding potential dilutive offerings.
How filings like this one have moved
In the 30 days to Sep 12, 2026, 35.9% of the 1612 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.19%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, PSEC was trading at $2.72 on NASDAQ in the Unknown sector, with a market capitalization of approximately $1.3B. The 52-week trading range was $2.45 to $4.45. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.