Aguirre DeAnne 4

What Happened

• DeAnne Aguirre, a director of Hercules Capital, acquired 7,317 shares on 2026-03-26. The reported average price was $14.35 per share (range $14.31–$14.39), for a total transaction value of $104,999. The Form 4 lists the transaction code P (purchase).

Key Details

• Transaction date: 2026-03-26; filing date: 2026-03-30 (filed within the two-business-day window).
• Price: average $14.35; range $14.31–$14.39.
• Shares acquired: 7,317; total value: $104,999.
• Shares owned after transaction: not disclosed in the provided excerpt of the filing.
• Footnotes: (1) Shares were purchased based on Aguirre’s election to receive stock instead of cash director fees. (2) Price range noted above. (3) Number includes shares from the company’s dividend reinvestment plan (Rule 16a-11 exempt). (4) Shares are held by the Aguirre Family 2004 Trust.
• Transaction code: P = Purchase.

Context

• Although coded as a purchase, the filing clarifies these shares were received as compensation (stock elected in lieu of cash), not necessarily an open-market investment driven by trading intent. Dividend reinvestment plan shares are noted as exempt under Rule 16a-11. This is a routine insider compensation conversion rather than an ordinary open-market buy for investment exposure.