BADAVAS ROBERT P 4
4 · Hercules Capital, Inc. · Filed Mar 30, 2026
Research Summary
AI-generated summary of this filing
Hercules Capital (HTGC) Director Robert P. Badavas Buys Shares
What Happened
Robert P. Badavas, a director of Hercules Capital, purchased 3,658 shares of HTGC on 2026-03-26. The shares were acquired at an average price of $14.35 for a total value of approximately $52,492. This was a purchase (reporting code P), not a sale.
Key Details
- Transaction date: 2026-03-26; Form 4 filed: 2026-03-30 (filed within the standard reporting window).
- Price: average $14.35; purchases executed between $14.31 and $14.39.
- Shares acquired: 3,658; total transaction value ≈ $52,492.
- Holdings after transaction: not disclosed in the provided filing.
- Footnotes: F1 — shares were received in lieu of cash director compensation; F2 — shows the price range and average; F3 — shares are held by the Robert P. Badavas Trust of 2007.
- Transaction type: P = Purchase (open market/private purchase as reported).
Context
This purchase resulted from Badavas electing to receive stock instead of cash director fees, a common form of compensation for directors and not an immediate cash investment decision. Such purchases can be informative, but they reflect compensation election rather than a discretionary market buy. The shares are held in a trust named in the filing.
Insider Transaction Report
Form 4
BADAVAS ROBERT P
Director
Transactions
- Purchase
Common Stock
[F1][F2]2026-03-26$14.35/sh+3,658$52,492→ 5,070 total
Holdings
- 122,073(indirect: By Trust)
Common Stock
[F3]
Footnotes (3)
- [F1]Shares purchased based on reporting person's election to receive stock in lieu of cash compensation fee otherwise due to reporting person as a director of the Issuer.
- [F2]Average purchase price. Shares purchased at prices between $14.31 and $14.39.
- [F3]Held by the Robert P. Badavas Trust of 2007.
Signature
/s /Kiersten Zaza Botelho, Attorney-in-Fact for Robert Badavas|2026-03-30