Randhawa Paramjeet K 4

What Happened

• Paramjeet K. Randhawa, a director of Hercules Capital, acquired 2,926 shares on 2026-03-26 in a purchase reported on Form 4. The reported average price was $14.35 per share (range $14.31–$14.39), for a total value of about $41,988. This was a purchase (acquisition) resulting from Randhawa electing to receive stock in lieu of cash director compensation.

Key Details

• Transaction date: 2026-03-26; Form 4 filed: 2026-03-30 (timely filing).
• Transaction type/code: Purchase (P).
• Shares acquired: 2,926; average price: $14.35; price range: $14.31–$14.39; total ≈ $41,988.
• Reason/footnote: Shares were issued based on the reporting person’s election to receive stock instead of cash director fees (Footnote F1).
• Shares owned after transaction: Not specified in the provided filing.
• No 10b5-1, exercise, gift, or tax-withholding notes were reported for this transaction.

Context

• This acquisition was made as part of director compensation (stock elected instead of cash), a routine way insiders can increase holdings. Such elections differ from open-market cash purchases but still represent an acquisition of company stock.