CROWELL GAYLE A 4
4 · Hercules Capital, Inc. · Filed Mar 30, 2026
Research Summary
AI-generated summary of this filing
Hercules Capital (HTGC) Director Gayle Crowell Buys 7,317 Shares
What Happened
Gayle A. Crowell, a director of Hercules Capital, acquired 7,317 shares on March 26, 2026, at an average price of $14.35 per share for a total value of approximately $104,999. The filing lists the transaction as a purchase (code P) and indicates the shares were received based on Crowell’s election to take stock instead of cash compensation as a director.
Key Details
- Transaction date: 2026-03-26. Form 4 filed: 2026-03-30 (filed within the standard two-business-day window).
- Purchase details: 7,317 shares at an average price of $14.35; actual prices ranged from $14.31 to $14.39. Total consideration ≈ $104,999. (F2)
- Reason/source: Shares were issued in lieu of cash director compensation (F1).
- Other: The reported share total includes shares acquired under Hercules Capital’s dividend reinvestment plan, noted as exempt under Rule 16a-11 (F3).
- Shares owned after transaction: Not specified in the provided summary of the filing.
Context
Receiving stock in lieu of cash is a common director compensation choice and is recorded as a purchase for reporting purposes. Dividend reinvestment plan purchases are often treated as routine and are exempt under Rule 16a-11; this filing does not by itself indicate the director’s market view.
Insider Transaction Report
- Purchase
Common Stock
[F1][F2][F3]2026-03-26$14.35/sh+7,317$104,999→ 97,589 total
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]The number of shares includes shares acquired pursuant to the Hercules Capital, Inc. dividend reinvestment plan, exempt under Rule 16a-11.