Rogers Hartley R. 4
Research Summary
AI-generated summary
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.