BADAVAS ROBERT P 4
4 · Hercules Capital, Inc. · Filed Jun 23, 2026
Research Summary
AI-generated summary of this filing
Hercules (HTGC) Director Robert Badavas Receives 3,873-Share Award
What Happened Robert P. Badavas, a director of Hercules Capital, received an automatic grant of 3,873 restricted shares on 2026-06-18 at an imputed price of $15.49 per share, with a total value of $59,993. This was an award (not a market purchase or sale) issued under the company’s 2026 Non-Employee Director Plan.
Key Details
- Transaction date and price: 2026-06-18, 3,873 shares @ $15.49 each (total $59,993).
- Shares owned after transaction: Not specified in the filing.
- Footnotes:
- F1: Shares are held by the Robert P. Badavas Trust of 2007.
- F2: Shares are restricted stock issued automatically upon re-election; subject to forfeiture. One‑third vests on each anniversary over three years.
- Filing timing: Report filed 2026-06-23 for a 2026-06-18 grant. Form 4s are generally due within two business days, so this filing appears to have been submitted one business day late.
Context This was a standard director compensation award rather than an open-market purchase or sale. Restricted stock grants are typical for non-employee directors and vest over time, so they don’t necessarily indicate the director’s near-term trading intent.
Insider Transaction Report
Form 4
BADAVAS ROBERT P
Director
Transactions
- Award
Common Stock
[F2]2026-06-18$15.49/sh+3,873$59,993→ 8,943 total
Holdings
- 122,073(indirect: By Trust)
Common Stock
[F1]
Footnotes (2)
- [F1]Held by the Robert P. Badavas Trust of 2007
- [F2]Restricted Stock issued as an automatic grant upon re-election to the board of directors pursuant to the 2026 Non-Employee Director Plan and subject to forfeiture restrictions. One-third vests on the anniversary of the grant over three years.
Signature
/s /Kiersten Zaza Botelho, Attorney-in-Fact for Robert Badavas|2026-06-23