HPS Real Assets Lending Director French Scot Buys 400,000 Shares ($10M)
$NONE · HPS Real Assets Lending Co LPResearch Summary
AI-generated summary of this SEC filing
HPS Real Assets Lending Director French Scot Buys 400,000 Shares ($10M)
What Happened
Director French Scot reported a purchase of 400,000 shares of HPS Real Assets Lending Co LP on 2026-08-10. The shares were acquired at $25.00 per share for a total of $10,000,000. This transaction is recorded as a purchase (Form 4 code P) and represents a direct cash acquisition rather than a sale or option exercise.
Key Details
- Transaction date and price: 2026-08-10 — 400,000 shares at $25.00 each.
- Total value: $10,000,000.
- Shares owned after transaction: Not specified in the filing.
- Footnote: F1 — the securities are held by an entity ultimately controlled by the reporting person.
- Filing date: 2026-08-12; filing appears timely (within the typical two-business-day Form 4 window).
- Transaction code: P (purchase); described as "open market or private purchase" on the form.
Context
Purchases by insiders can be informative to retail investors because they involve insiders putting personal capital into the company; this filing shows the shares are held through an entity controlled by the director, which is a common ownership structure and still attributes beneficial ownership to him. The filing does not show any option exercise, planned sale, or a 10b5-1 trading plan.