Neostellar capital chairman Klein buys $39,550 in common stock
Neostellar Capital Chairman Mark D. Klein made a significant stock purchase, buying 5,000 shares of the company's common stock on September 21, 2026. The transaction, valued at $39,550, came as Neostellar Capital's stock traded near its 52-week low of $7.60, currently priced at $7.96. This purchase increased Klein's direct and indirect beneficial ownership in Neostellar Capital to 1,763,796 shares, including 837,686 shares held by his spouse.
Some of these shares were granted under equity incentive plans, which vested fully on June 15, 2026, following board approval. The remaining shares are subject to transfer restrictions under a lock-up agreement. Neostellar Capital currently offers a dividend yield of 12.56%, with analysts' price targets ranging from $15 to $17. Despite a decrease in net asset value in the second quarter of 2026, the company's total net assets remain at $356 million. The stock closed the regular session at $10.91.
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