Armbrister Jeffrey Brian 4

What Happened Jeffrey Brian Armbrister, Chief Financial Officer of Hamilton Lane (HLNE), received a grant of 2,109 Class A restricted shares on May 29, 2026. The shares were reported as acquired at $0.00 (i.e., part of a compensation award), not an open-market purchase. This is a compensation grant (award) rather than a sale or purchase and does not signal an immediate cash investment or disposition.

Key Details

• Transaction date: 2026-05-29; Filing date: 2026-06-02 (filed within the Form 4 reporting window — timely).
• Award: 2,109 Class A common shares, $0.001 par value, acquired at $0.00 (compensation award).
• Vesting: Per footnote F1, the restricted shares vest in four equal annual installments beginning May 29, 2027.
• Holdings after transaction: Not specified in the provided summary of the filing.
• Other footnotes: F2 notes inclusion of unvested restricted stock; F3–F5 describe separately issued performance stock awards that vest only if specified price/TSR goals are met (performance periods ending 2029–2031).
• Transaction code: A = Award/Grant.

Context

• This grant is typical executive compensation (restricted stock) and vests over time; it is not an immediate market buy or sale.
• Performance-share footnotes indicate the filer may also hold contingent awards that only convert to shares if performance targets are met — these are different from the time-based restricted shares granted here.
• Because this was an awarded grant (not a sale), it’s primarily relevant for understanding executive compensation and future potential insider exposure rather than signaling current buying or selling activity.