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Prospect Capital CEO raises stake to 16.92%

Prospect Capital Corp. CEO and Chairman John Barry III raised his stake in the company.

Barry now beneficially owns 61,825,991.54 common shares, or a 16.92% stake, according to an SD filing. Previously, he held 56,589,667.72 common shares, or a 15.58% stake.

Meanwhile, the John and Daria Barry Foundation also increased its beneficial ownership in the company to 23,763,787.01 shares, or a 6.50% stake, from 20,771,000.69 shares, or a 5.72% stake.

The stakes were acquired through multiple transactions from Nov. 1, 2018, to Dec. 31, 2018.