Rogers Hartley R. 4
4 · Hamilton Lane INC · Filed May 28, 2026
Research Summary
AI-generated summary of this filing
Hamilton Lane (HLNE) Exec Co‑Chair Rogers Hartley Buys 110,932 Shares
What Happened
- Rogers Hartley R., Executive Co‑Chairman and Chairman of Hamilton Lane (HLNE), acquired a total of 110,932 shares of HLNE Class A common stock in open‑market purchases (reported May 26–27, 2026). The trades total approximately $9.99 million.
- Transactions reported as multiple purchases at weighted‑average prices: blocks at ~$89.99, ~$90.43 and ~$92.7 per share (see Key Details and footnotes for exact ranges). Purchases are generally considered a bullish signal (insider buying), though motivations are not stated.
Key Details
- Transaction dates: May 26–27, 2026.
- Purchases (reported): two blocks of 47,025 shares at $89.99 (each), two blocks of 7,975 shares at $90.43 (each), and two small blocks of 466 shares at ~$92.7 (each). Total = 110,932 shares for ~$9,992,338.
- Reported prices are weighted averages; actual trade prices ranged by block: $89.33–$90.32; $90.33–$90.50; $92.76–$93.00; $92.69–$93.00 (see filing footnotes F1, F3–F5).
- Shares owned after the transaction are not specified in the provided summary — see the Form 4 for full holdings.
- Ownership notes: many shares are held through LLCs/trusts controlled by Hartley or related entities; he disclaims beneficial ownership except to his pecuniary interest (footnotes F2, F7). He is also part of a group owning >10% of HLNE Class A stock.
- No indication in the provided data that the filing was late.
Context
- These were open‑market purchases (reporting code P), not option exercises or awards — straightforward buy transactions.
- Hartley is both an executive officer and part of a >10% ownership group, so these purchases reflect purchases by a major insider group rather than only routine employee selling. For full legal and timing details, consult the Form 4 (Accession 0001433642-26-000021) and the footnotes.
Insider Transaction Report
Form 4
Rogers Hartley R.
DirectorExecutive Co-Chairman10% Owner
Transactions
- Purchase
Class A Common Stock
[F1]2026-05-26$89.99/sh+47,025$4,231,780→ 47,025 total - Purchase
Class A Common Stock
[F1][F2]2026-05-26$89.99/sh+47,025$4,231,780→ 47,025 total(indirect: By LLC) - Purchase
Class A Common Stock
[F3]2026-05-26$90.43/sh+7,975$721,179→ 55,000 total - Purchase
Class A Common Stock
[F3][F2]2026-05-26$90.43/sh+7,975$721,179→ 55,000 total(indirect: By LLC) - Purchase
Class A Common Stock
[F4]2026-05-27$92.76/sh+466$43,226→ 55,466 total - Purchase
Class A Common Stock
[F5][F2]2026-05-27$92.69/sh+466$43,194→ 55,466 total(indirect: By LLC)
Holdings
- 6,510,922(indirect: See footnote)
Class B Common Stock
[F6][F7] - 6,510,922(indirect: See footnote)
Class B Units
[F8]→ Class A Common Stock (6,510,922 underlying)
Footnotes (8)
- [F1]The price reported in Column 4 is a weighted average price. These shares of Class A common stock, $0.001 par value per share (the "Class A Common Stock") were purchased in multiple transactions at prices ranging from $89.33 to $90.32 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares of Class A Common Stock purchased at each separate price within the range set forth in this footnote.
- [F2]These securities are owned directly by a limited liability company ("LLC") which is wholly owned by Reporting Person, Reporting Person 's spouse and three trusts for the benefit of Reporting Person 's children. Reporting Person's spouse serves as manager of the LLC and as trustee of the trusts. Reporting Person disclaims beneficial ownership over such securities except to the extent of his pecuniary interest therein.
- [F3]The price reported in Column 4 is a weighted average price. These shares of Class A Common Stock were purchased in multiple transactions at prices ranging from $90.33 to $90.50 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares of Class A Common Stock purchased at each separate price within the range set forth in this footnote.
- [F4]The price reported in Column 4 is a weighted average price. These shares of Class A Common Stock were purchased in multiple transactions at prices ranging from $92.76 to $93.00 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares of Class A Common Stock purchased at each separate price within the range set forth in this footnote.
- [F5]The price reported in Column 4 is a weighted average price. These shares of Class A Common Stock were purchased in multiple transactions at prices ranging from $92.69 to $93.00 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares of Class A Common Stock purchased at each separate price within the range set forth in this footnote.
- [F6]The Issuer Class B common stock does not carry economic value beyond the right to receive the par value of such stock upon liquidation, dissolution or exchange of those shares. However, the Class B common stock entitles its holder to ten votes per share on every matter submitted to the Issuer's stockholders for a vote.
- [F7]These securities are owned directly by HLA Investments LLC ("HLAI"). The Reporting Person is the manager of HRHLA, LLC, the managing member of HLAI. Reporting Person disclaims beneficial ownership over such securities except to the extent of his pecuniary interest therein.
- [F8]Pursuant to the exchange agreement entered into at the time of and in connection with a reorganization incident to the Issuer's initial public offering, the Class B Units of HLA are exchangeable, on a one-for-one basis, for shares of Class A common stock or, at the Issuer's election, for cash. Upon exchange of a Class B Unit, the corresponding share of Class B common stock will be redeemed at par value and cancelled. The Class B Units do not have an expiration date.
Signature
/s/ Lydia Gavalis, attorney-in-fact|2026-05-28