Delgado-Moreira Juan 4

What Happened
Juan Delgado-Moreira, CEO and director of Hamilton Lane (HLNE), was granted 38,087 Class A restricted shares on May 29, 2026. The grant was reported at $0.00 per share (total reported value $0) and consists of 8,087 shares tied to his 2026 annual bonus plus 30,000 shares from a previously announced annual award. The restricted shares vest in four equal annual installments beginning May 29, 2027.

Key Details

• Transaction date and type: May 29, 2026 — Award/Acquisition of restricted stock (code A).
• Shares granted: 38,087 restricted Class A shares; reported price $0.00; reported aggregate value $0.
• Vesting: Awards vest in four equal annual installments starting May 29, 2027 (per footnote).
• Additional instrument: Some awards are performance stock (contingent on share-price targets) with a performance period ending Sept 16, 2031 (per footnote).
• Ownership note: The reporting person is also a member of a group that beneficially owns more than 10% of the issuer’s Class A shares.
• Filing timing: The Form 4 was filed June 2, 2026 (several days after the May 29 grant). Form 4s are generally due within two business days of a transaction, so this filing appears later than typical.

Context
Restricted stock awards are a form of compensation that typically vest over time and are not an immediate sale or purchase in the open market. The award here increases the CEO’s unvested equity stake and aligns long-term incentives; the performance-stock portion vests only if specified price targets are met by Sept 16, 2031. This filing is informational—does not indicate a market buy or sell action.