BERKMAN DAVID J 4

What Happened

• David J. Berkman, a director of Hamilton Lane Inc. (HLNE), purchased 15,000 shares of Class A common stock in open-market transactions on June 11, 2026. The reported weighted-average price was $76.27 per share, for a total transaction value of approximately $1,144,050.

Key Details

• Transaction date: June 11, 2026 (reported on Form 4 filed June 15, 2026)
• Transaction type/code: Open-market purchase (P)
• Price: weighted average $76.27 per share; purchases ranged from $75.99 to $76.40 per share (see footnote)
• Total value: ~$1,144,050
• Shares owned after transaction: Not disclosed in this Form 4
• Footnote: The filing notes the weighted-average reflects multiple trades and offers to provide a price-by-price breakdown on request
• Timeliness: Filed June 15, 2026 for a June 11 trade — this is beyond the typical 2-business-day Form 4 reporting window and appears late

Context

• This was a straightforward open-market purchase (code P). Purchases by insiders can be informative to investors, but filings do not explain motives. The filing’s footnote clarifies the price range and that the weighted average covers multiple trades.