Form 4: Hercules Capital CEO Scott Bluestein Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Scott Bluestein, CEO of Hercules Capital, disposed of 10,370 shares of common stock on April 9, 2025, to cover tax obligations related to vesting restricted stock.
Summary
- On April 9, 2025, Scott Bluestein, the CEO of Hercules Capital, Inc., disposed of 10,370 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 $17.49 per share.
- Following the transaction, Bluestein directly owns 2,305,511 shares of Hercules Capital's common stock.
Sentiment
Score: 5
Explanation: Neutral sentiment as the filing reflects a routine transaction for tax purposes and doesn't indicate any strategic shift or concern.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction is a common occurrence where executives sell shares to cover tax obligations related to stock vesting.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine sale to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 04/09/2025 | Date of stock disposal and vesting of restricted stock. |
| 04/11/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, Scott Bluestein, Hercules Capital, HTGC, Stock Disposal, Tax Obligations, Restricted Stock, CEO
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