Rogers Hartley R. 4
4 · Hamilton Lane INC · Filed Jun 15, 2026
Research Summary
AI-generated summary of this filing
Hamilton Lane (HLNE) Exec Co-Chair Rogers Hartley Buys $3.01M Stock
What Happened
- Rogers Hartley R., Executive Co‑Chairman and Chairman of the Board of Hamilton Lane (HLNE), purchased a total of 38,290 shares of Class A common stock in open‑market transactions on June 11, 2026. The filing lists two purchase entries: 10,612 shares at a weighted average price of $77.86 (total $826,250) and 27,678 shares at a weighted average price of $78.73 (total $2,179,089), for aggregate consideration of $3,005,339. These were purchases (P code), which are generally considered a bullish signal compared with sales.
Key Details
- Transaction date: June 11, 2026 (reported on Form 4 filed June 15, 2026). Filing appears timely (within the two business‑day Form 4 window).
- Reported lots/prices: 10,612 shares @ $77.86 (weighted avg; range per footnote F1: $77.54–$78.45); 27,678 shares @ $78.73 (weighted avg; range per footnote F2: $78.55–$79.13).
- Total purchased: 38,290 shares for $3,005,339 (~$3.01M).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Ownership notes: Several footnotes disclose that some securities are held through LLCs and trusts (F3, F5) and that Hartley is part of a group owning >10% of Class A stock (remarks). F4/F6 explain that Class B shares/units carry 10 votes per share but limited economic value and may be exchangeable into Class A shares.
- Transaction type: Open‑market purchases (Transaction code P). No derivatives, option exercises, gifts, or tax withholding involved.
Context
- These were outright purchases in the open market — purchases by insiders can signal confidence but do not prove future performance. The filing includes weighted averages and price ranges for multiple trades; Hartley also disclaims beneficial ownership in certain LLC/trust‑held securities except to the extent of his pecuniary interest.
Insider Transaction Report
Form 4
Rogers Hartley R.
DirectorExecutive Co-Chairman10% Owner
Transactions
- Purchase
Class A Common Stock
[F1]2026-06-11$77.86/sh+10,612$826,250→ 66,078 total - Purchase
Class A Common Stock
[F2]2026-06-11$78.73/sh+27,678$2,179,089→ 93,756 total
Holdings
- 55,466(indirect: By LLC)
Class A Common Stock
[F3] - 6,510,922(indirect: See footnote)
Class B Common Stock
[F4][F5] - 6,510,922(indirect: See footnote)
Class B Units
[F6]→ Class A Common Stock (6,510,922 underlying)
Footnotes (6)
- [F1]The price reported in Column 4 is a weighted average price. These shares of Class A common stock, $0.001 par value per share (the "Class A Common Stock") were purchased in multiple transactions at prices ranging from $77.54 to $78.45 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares of Class A Common Stock purchased at each separate price within the range set forth in this footnote.
- [F2]The price reported in Column 4 is a weighted average price. These shares of Class A common stock, $0.001 par value per share (the "Class A Common Stock") were purchased in multiple transactions at prices ranging from $78.55 to $79.13 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares of Class A Common Stock purchased at each separate price within the range set forth in this footnote.
- [F3]These securities are owned directly by a limited liability company ("LLC") which is wholly owned by Reporting Person, Reporting Person 's spouse and three trusts for the benefit of Reporting Person 's children. Reporting Person's spouse serves as manager of the LLC and as trustee of the trusts. Reporting Person disclaims beneficial ownership over such securities except to the extent of his pecuniary interest therein.
- [F4]The Issuer 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.
- [F5]These securities are owned directly by HLA Investments LLC ("HLAI"). The Reporting Person is the manager of HRHLA, LLC, the managing member of HLAI. Reporting Person disclaims beneficial ownership over such securities except to the extent of his pecuniary interest therein.
- [F6]Pursuant to the exchange agreement entered into at the time of and in connection with a reorganization incident to the Issuer's initial public offering, the Class B Units of HLA are exchangeable, on a one-for-one basis, for shares of Class A common stock 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 do not have an expiration date.
Signature
/s/ Lauren Platko, attorney-in-fact|2026-06-15