Kramer Andrea Anigati 4
4 · Hamilton Lane INC · Filed Jun 15, 2026
Research Summary
AI-generated summary of this filing
Hamilton Lane (HLNE) COO Andrea Anigati Kramer Buys 1,283 Shares
What Happened
- Andrea Anigati Kramer, Chief Operating Officer of Hamilton Lane (HLNE), made an open-market purchase of 1,283 shares on June 11, 2026 at $77.46 per share, for a total transaction value of $99,381. This was a direct buy (transaction code P), not an award or option exercise.
Key Details
- Transaction date and price: 2026-06-11 — 1,283 shares at $77.46 each.
- Total value: $99,381 (approx.).
- Filing date: Form 4 filed 2026-06-15 (timely — within two business days following the transaction).
- Shares owned after transaction: not specified in the provided filing summary.
- Notable footnotes: F7 indicates holdings are held on behalf of the reporting person by HL Management Investors, LLC. The filing’s remarks state the reporting person is part of a group that beneficially owns more than 10% of the Issuer’s Class A shares. Other footnotes in the filing describe various restricted and performance share classes and the structure of Class B/C unit exchanges (F1–F6) but are not specific to this open-market purchase.
Context
- This was a straight open-market purchase (not an option exercise or award grant). Purchases by insiders are often viewed as a stronger signal of confidence than routine sales, but the filing itself gives no reason for the trade. Because the filer is part of a >10% ownership group and some shares are held via an entity (HL Management Investors, LLC), this transaction may reflect institutional/managed holdings rather than a simple personal retail buy.
Insider Transaction Report
Form 4
Kramer Andrea Anigati
Chief Operating Officer10% Owner
Transactions
- Purchase
Class A Common Stock
[F1]2026-06-11$77.46/sh+1,283$99,381→ 87,350 total
Holdings
- 135,970
Class B Common Stock
[F2] - 5,435
Performance Stock
[F3]→ Class A Common Stock (5,435 underlying) - 2,033
Performance Stock
[F4]→ Class A Common Stock (2,033 underlying) - 13,044
Performance Stock
[F5]→ Class A Common Stock (13,044 underlying) - 135,970(indirect: See footnote)
Class B Units
[F6][F7]→ Class A Common Stock (135,970 underlying) - 195,317(indirect: See footnote)
Class C Units
[F6][F7]→ Class A Common Stock (195,317 underlying)
Footnotes (7)
- [F1]Includes unvested restricted stock granted under the Issuer's 2017 Equity Incentive Plan.
- [F2]The 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.
- [F3]Each share of performance stock represents a contingent right to receive one Class A Share. The performance stock vests upon the Issuer's Class A Shares achieving a specified price per share. The performance period of the performance stock ends on September 16, 2031.
- [F4]Each share of performance stock represents a contingent right to receive one Class A Share of the Issuer. The performance stock vests at the end of the performance period if the Issuer's Class A Shares achieves a specified growth rate of TSR over the performance period. The performance period of the performance stock ends on September 16, 2030.
- [F5]Each share of performance stock represents a contingent right to receive one Class A Share. The performance stock vests upon the Issuer's Class A Shares achieving a specified price per share. The performance period of the performance stock ends on September 16, 2029.
- [F6]Pursuant to an Exchange Agreement entered into in connection with a reorganization incident to the Issuer's initial public offering, the Class B Units and Class C Units of Hamilton Lane Advisors, L.L.C. ("HLA") are exchangeable, on a one-for-one basis, for Class A Shares 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 and Class C Units of HLA do not have an expiration date.
- [F7]Held on behalf of the reporting person by HL Management Investors, LLC.
Signature
/s/ Lauren Platko, attorney-in-fact|2026-06-15