Kramer Andrea Anigati 4

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.