Form 4: Hercules Capital COO Christian Follmann Reports Stock Transaction

Christian Follmann, COO of Hercules Capital, reports the disposal of 1,251 shares of common stock to cover taxes related to vesting restricted stock.

Summary

• On April 11, 2024, Christian Follmann, the Chief Operating Officer of Hercules Capital, Inc., disposed of 1,251 shares of common stock.
• The transaction was executed to cover taxes applicable to the vesting of restricted stock.
• The price per share was $18.41.
• Following the transaction, Follmann beneficially owns 96,052 shares of Hercules Capital, Inc.
• This includes 228 shares acquired on March 6, 2024, as dividend reinvestment shares.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing a stock transaction by a company executive. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. They are closely watched by investors seeking insights into management's perspective on the company's stock.

Stakeholder Impact

• The transaction is unlikely to have a significant impact on stakeholders as it is a routine sale of shares to cover tax obligations.

Key Dates