Form 4: Hercules Capital CFO Reports Routine Stock Disposition for Tax Obligations

Hercules Capital's Chief Financial Officer, Seth H. Meyer, reported the disposition of 3,458 shares of common stock to cover tax obligations related to restricted stock vesting.

Summary

• Seth H. Meyer, Chief Financial Officer of Hercules Capital, Inc. (HTGC), reported a transaction involving the company's common stock.
• On July 9, 2025, Meyer disposed of 3,458 shares of common stock.
• The shares were disposed of at a price of $18.56 per share.
• This disposition was identified as a 'F' transaction code, indicating shares withheld by the issuer to pay taxes.
• The transaction was related to the vesting of restricted stock on July 9, 2025.
• Following this transaction, Seth H. Meyer beneficially owns 381,172 shares of Hercules Capital, Inc. common stock directly.

Sentiment

Score: 5

Explanation: The transaction is a routine tax-related disposition of shares, which is a common administrative event for executives receiving equity compensation. It does not indicate positive or negative sentiment regarding the company's performance or outlook.

Future Outlook

No forward-looking statements or guidance are provided in this document, as it is a report of a past insider transaction.

Industry Context

This document reports a routine insider transaction (tax withholding) and does not provide information relevant to broader industry trends or competitive analysis.

Stakeholder Impact

• Shareholders: Minimal impact, as this is a routine, pre-planned tax-related disposition of shares by an executive, not a discretionary sale indicating a change in confidence.

Key Dates

Keywords

Hercules Capital, HTGC, Seth H. Meyer, Form 4, Insider Transaction, Common Stock, CFO, Restricted Stock, Tax Withholding