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Main Street Capital Executive Compensation (FY25)

MAIN · Houston, TX · Executive and director compensation, fiscal 2022 to 2025
Chief executive, fiscal 2025
◇
Dwayne Hyzak
Latest say-on-pay support
=
May 4, 2026
Chief executive pay ratio
◇
To the median employee
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Data as of October 17, 2026Latest filing (8-K): May 6, 2026
9 filings cited on this page
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167 figures on this page: 162 cited to the filing that reported them, 5 calculated from figures it prints. See the citations

More on Main Street Capital

Five data products on this company. Each one is requested through the developer setup page.
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Dwayne Hyzak: $8,182,844 → $8,837,682 (8.0% higher)
Say-on-pay support: 90.6% → 90.0% (0.6 points lower)

Frequently asked questions

Answers drawn from the data on this page.
Who is Main Street Capital's chief executive and what were they paid?
Dwayne Hyzak was paid $8,837,682 in total compensation as Member of the Board and Chief Executive Officer for fiscal 2025. Hyzak's total was 8.0% higher than the $8,182,844 reported for fiscal 2024.
What was Main Street Capital's say-on-pay result?
Shareholders supported the say-on-pay proposal with 90.0% of votes cast for or against in favor at the meeting held May 4, 2026 for fiscal 2025.
Which companies are in Main Street Capital's peer group?
The disclosed peer group includes Accenture plc, Aon plc, Automatic Data Processing, Inc., Booz Allen Hamilton Holding Corporation and Cisco Systems, Inc., among others.
What is Main Street Capital's chief executive pay ratio?
The disclosed chief executive pay ratio for fiscal 2025 is 37:1, against median employee compensation of $238,279.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Dwayne Hyzak
Chief Executive Officer
◇◇◇———◇◇
David Magdol
President and Chief Investment Officer President and Chief Investment Officer
◇◇◇———◇◇
Jesse Morris
Executive Vice President and Chief Operating Officer Executive Vice President and Chief Operating Officer
◇◇◇———◇◇
Jason Beauvais
Executive Vice President General Counsel and Secretary Executive Vice President General Counsel and Secretary
◇◇◇———◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Dwayne Hyzak
Member of the Board and Chief Executive Officer
◇◇◇———◇◇
David Magdol
President and Chief Investment Officer
◇◇◇———◇◇
Jesse Morris
Executive Vice President and Chief Operating Officer
◇◇◇———◇◇
Jason Beauvais
Executive Vice President, General Counsel and Secretary
◇◇◇———◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Dwayne Hyzak
Member of the Board and Chief Executive Officer
◇◇◇———◇◇
David Magdol
President and Chief Investment Officer
◇◇◇———◇◇
Jesse Morris
Executive Vice President and Chief Operating Officer
◇◇◇———◇◇
Jason Beauvais
Executive Vice President, General Counsel and Secretary
◇◇◇———◇◇
Ryan Nelson
Chief Financial Officer and Treasurer
◇◇◇———◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Dwayne Hyzak
Member of the Board and Chief Executive Officer
◇◇◇———◇◇
David Magdol
President and Chief Investment Officer
◇◇◇———◇◇
Jesse Morris
Executive Vice President and Chief Operating Officer
◇◇◇———◇◇
Jason Beauvais
Executive Vice President, General Counsel and Secretary
◇◇◇———◇◇
Ryan Nelson
Chief Financial Officer and Treasurer
◇◇◇———◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
David L. MagdolRSU◇——◇——◇
Dwayne L. HyzakRSU◇——◇——◇
Jason B. BeauvaisRSU◇——◇——◇
Jesse E. MorrisRSU◇——◇——◇
Ryan R. NelsonRSU◇——◇——◇
Fiscal 2023, 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Jesse MorrisRSU◇◇——
David MagdolRSU◇◇——
Ryan NelsonRSU◇◇——
Dwayne HyzakRSU◇◇——
Jason BeauvaisRSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Vincent D. Foster
Board chair
◇◇————◇
John E. Jackson
Lead independent director
◇◇————◇
J. Kevin Griffin
◇◇————◇
Stephen B. Solcher
◇◇————◇
Brian E. Lane
◇◇————◇
Dunia A. Shive
◇◇————◇
Dwayne L. Hyzak served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Total board retainer◇
Board chair premium◇
Lead independent director premium◇
Audit committee chair◇
Audit committee member◇
Compensation committee chair◇
Compensation committee member◇
Nominating and governance chair◇
Nominating and governance member◇
Equity is delivered as Restricted Stock.

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2022
  • Accenture plc ACN
  • Aon plc AON
  • Automatic Data Processing, Inc. ADP
  • Booz Allen Hamilton Holding Corporation BAH
  • Cisco Systems, Inc. CSCO
  • Cognizant Technology Solutions Corporation CTSH
  • DXC Technology Company DXC
  • Fidelity National Information Services, Inc. FIS
  • Fiserv, Inc. FI
  • Hewlett Packard Enterprise Company HPE
  • Leidos Holdings, Inc. LDOS
  • Marsh & McLennan Companies, Inc. MMC
  • Salesforce, Inc. CRM
  • Science Applications International Corporation SAIC
  • VMware, Inc. VMW

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025May 4, 2026=◇◇◇
2024May 5, 2025=◇◇◇
2023May 6, 2024=◇◇◇
2022May 1, 2023=◇◇◇
2021May 2, 2022=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇

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Sample answer — “What is the CEO’s total compensation?”
- Dwayne Hyzak (Member of the Board and Chief Executive Officer), FY2025 total compensation $8,837,682 (base salary $759,375) [exec_comp, SEC accession 0001396440-26-000020, filed 2026-03-23]

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What this page does not include

Everything above is a fact Main Street Capital disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Main Street Capital sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $499
Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
167 figures on this page: 162 cited to the filing that reported them, 5 calculated from figures it prints.
162 cited to the filing
5 calculated from the filing

Documents cited

  1. 0001396440-26-000066
  2. 0001396440-26-000020
    CEO Pay Ratio · Director Compensation Table · Grants of Plan-Based Awards · Outstanding Equity Awards at Fiscal Year-End · and 1 more section
  3. 0001396440-25-000057
  4. 0001396440-25-000038
    Summary Compensation Table
  5. 0001396440-24-000073
  6. 0001396440-24-000063
    Summary Compensation Table
  7. 0001396440-23-000056
  8. 0001396440-23-000044
    Summary Compensation Table
  9. 0001558370-22-006827
    Item 5.07 Submission of Matters to a Vote of Security Holders
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Main Street Capital executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/MAIN (accessed 2026).
Short form: data: Velarion

The paid brief for Main Street Capital

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
From $499 for the board report; $2,400 for both.
Get the executive briefGet the board briefNo account needed.
9 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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Peers Main Street Capital discloses

The companies named in MAIN's own disclosed peer group.

Accenture plcAon plcAutomatic Data Processing, Inc.Booz Allen Hamilton Holding CorporationCisco Systems, Inc.Cognizant Technology Solutions CorporationDXC Technology CompanyFidelity National Information Services, Inc.Hewlett Packard Enterprise CompanyLeidos Holdings, Inc.Marsh & McLennan Companies, Inc.Salesforce, Inc.Science Applications International CorporationVMware, Inc.

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies

Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.

Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
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