Form 4: Hercules Capital COO Christian Follmann Reports Stock Transactions
SEC Form 4 Filing
Christian Follmann, COO of Hercules Capital, reports disposition of shares to cover taxes and updated holdings.
Summary
- Christian Follmann, the Chief Operating Officer of Hercules Capital, Inc., filed a Form 4 on April 11, 2025, reporting transactions in the company's common stock.
- On April 9, 2025, Follmann disposed of 960 shares of common stock at a price of $17.49 per share to cover taxes related to the vesting of restricted stock.
- Following the reported transaction, Follmann directly owns 121,780 shares of Hercules Capital common stock.
- Follmann also indirectly owns 350 shares through his spouse.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, 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. It is a normal part of doing business.
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 |
|---|---|
| March 5, 2025 | 234 dividend reinvestment shares acquired |
| April 9, 2025 | Disposition of 960 shares of common stock for tax purposes at $17.49 per share |
| April 11, 2025 | Form 4 filing date |
Keywords
Form 4, insider trading, HTGC, Hercules Capital, Christian Follmann, stock transaction, beneficial ownership
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