Theodosopoulos Nikos 4

What Happened Nikos Theodosopoulos, a director of Hercules Capital, purchased 6,165 shares in an open-market transaction on February 17, 2026. The Form 4 reports an average purchase price of $15.93 per share for a total outlay of approximately $98,208 (individual purchase prices ranged $15.90–$15.95). This was a straight purchase (transaction code P), which investors often view as more informative than routine insider sales.

Key Details

• Transaction date: February 17, 2026; Form 4 filed February 19, 2026 (no lateness flag shown).
• Transaction type: Purchase (open-market/private purchase), code P.
• Shares bought: 6,165 at an average of $15.93; price range $15.90–$15.95 (footnote F1).
• Total value: ~ $98,208.
• Shares owned after transaction: not specified in the supplied summary of the filing.
• Footnote F2: filing notes prior dividend reinvestment shares acquired on May 20, Aug 19 and Nov 19, 2025 (286, 243 and 269 shares, respectively) are included in reported holdings.
• No 10b5-1 plan, gift, exercise, or tax-withholding notation indicated in the provided data.

Context This is a director-level open-market purchase of modest size (~$98k). Purchases by directors can signal confidence but should be considered alongside other information (timing, company fundamentals, total insider holdings). The filing is a routine disclosure of the trade; it does not explain the insider’s motivations.