Form 4: Hercules Capital COO Christian Follmann Reports Stock Transaction
SEC Form 4
Christian Follmann, COO of Hercules Capital, reports disposition of shares to cover tax obligations related to vesting restricted stock.
Summary
- Christian Follmann, the Chief Operating Officer of Hercules Capital, Inc. [HTGC], filed a Form 4 on April 15, 2025, reporting a transaction.
- On April 11, 2025, Follmann disposed of 829 shares of common stock at a price of $16.83 per share to cover taxes related to the vesting of restricted stock.
- Following the transaction, Follmann directly owns 120,951 shares of Hercules Capital common stock and indirectly owns 350 shares through his spouse.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to an insider stock transaction for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their transactions in company stock. This transaction is related to tax obligations from vesting restricted stock, a common occurrence.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 04/11/2025 | Date of transaction: Disposition of shares to cover taxes. |
| 04/15/2025 | Date of Form 4 filing. |
Keywords
Form 4, insider trading, stock transaction, Hercules Capital, HTGC, Christian Follmann, COO, beneficial ownership
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