Form 4: Hamilton Lane Executive Co-Chairman Rogers Reports Stock Transactions

Hartley R. Rogers, Executive Co-Chairman of Hamilton Lane, reports the disposition of Class A Common Stock to cover withholding taxes and indirect ownership of Class B Common Stock and Units.

Summary

• On March 14, 2024, Hartley R. Rogers, Executive Co-Chairman of Hamilton Lane, reported a transaction involving Class A Common Stock.
• 248 shares of Class A Common Stock were disposed of at a price of $107.80.
• This disposition was related to the payment of withholding taxes due upon the vesting of previously granted restricted stock awards.
• Rogers also indirectly owns 6,900,667 shares of Class B Common Stock through HLA Investments, LLC.
• These Class B shares have voting rights but limited economic value.
• Rogers also indirectly owns 6,900,667 Class B Units of Hamilton Lane Advisors, L.L.C., which are exchangeable for Class A Common Stock.

Sentiment

Score: 5

Explanation: This is a routine filing related to stock transactions for tax purposes. It doesn't indicate a significant positive or negative outlook.

Industry Context

Form 4 filings are standard disclosures required by the SEC for insiders of publicly traded companies, providing transparency into their transactions in the company's stock.

Key Dates