Form 4: Hercules Capital CEO Scott Bluestein Disposes of Shares to Cover Tax Obligations
SEC Form 4 Filing
Scott Bluestein, CEO of Hercules Capital, disposed of 21,928 shares of common stock on July 11, 2024, to cover tax obligations related to the vesting of restricted stock.
Summary
- On July 11, 2024, Scott Bluestein, the CEO of Hercules Capital, Inc., disposed of 21,928 shares of common stock.
- The transaction was executed to cover tax obligations arising from the vesting of restricted stock.
- The shares were disposed of at a price of $21.11 per share.
- Following the transaction, Bluestein directly owns 2,261,207 shares of Hercules Capital's common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a routine transaction to cover tax obligations. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track management's sentiment and actions regarding their company's stock.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine disposal of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 07/11/2024 | Date of the transaction where 21,928 shares were disposed of to cover tax obligations. |
| 07/15/2024 | Date of signature on the Form 4 filing. |
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