Loo Wade 4

What Happened Loo Wade, a director of Hercules Capital, Inc. (HTGC), acquired 3,300 shares on 2026-02-25 at $14.98 per share, for a total transaction value of approximately $49,434. This was a purchase (transaction code P), which investors often view as a more informative action than routine sales, though motivations are not disclosed.

Key Details

• Transaction date and price: 2026-02-25 — 3,300 shares at $14.98 each.
• Total value: ≈ $49,434.
• Shares owned after transaction: Not specified in the Form 4 filing.
• Footnotes:
  • F1: The reported number includes shares acquired under Hercules Capital’s dividend reinvestment plan, which is exempt under Rule 16a-11.
  • F2: Shares are held by the Loo Revocable Trust.
• Filing timeliness: Reported on 2026-02-26 (the day after the transaction); the filing does not indicate a late report.

Context

• This was a straightforward purchase (not an option exercise, gift, or sale). Dividend reinvestment plan shares are often exempt under Rule 16a-11, which can affect reporting requirements but are noted in the filing.
• As with all insider transactions, the filing is factual and does not explain the insider’s motivation; purchases can be interpreted by investors as a positive signal but are not guarantees of future performance.