Hamilton Lane INC·4

Jun 15, 4:14 PM ET

Kramer Andrea Anigati 4

4 · Hamilton Lane INC · Filed Jun 15, 2026

Research Summary

AI-generated summary of this filing

Updated

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
Period: 2026-06-11
Kramer Andrea Anigati
Chief Operating Officer10% Owner
Transactions
  • Purchase

    Class A Common Stock

    [F1]
    2026-06-11$77.46/sh+1,283$99,38187,350 total
Holdings
  • Class B Common Stock

    [F2]
    135,970
  • Performance Stock

    [F3]
    Class A Common Stock (5,435 underlying)
    5,435
  • Performance Stock

    [F4]
    Class A Common Stock (2,033 underlying)
    2,033
  • Performance Stock

    [F5]
    Class A Common Stock (13,044 underlying)
    13,044
  • Class B Units

    [F6][F7]
    (indirect: See footnote)
    Class A Common Stock (135,970 underlying)
    135,970
  • Class C Units

    [F6][F7]
    (indirect: See footnote)
    Class A Common Stock (195,317 underlying)
    195,317
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

Documents

1 file
  • 4
    wk-form4_1781554437.xmlPrimary

    FORM 4