Form 4: Hercules Capital COO Christian Follmann Reports Tax-Related Stock Disposition
Insider Transaction Report
Hercules Capital, Inc.'s Chief Operating Officer, Christian Follmann, reported the disposition of 960 shares of common stock at $18.56 per share on July 9, 2025, to cover tax obligations related to restricted stock vesting.
Summary
- Christian Follmann, Chief Operating Officer of Hercules Capital, Inc. (HTGC), reported a transaction involving the company's common stock.
- On July 9, 2025, 960 shares of common stock were disposed of at a price of $18.56 per share.
- This disposition represents shares withheld to pay taxes applicable to the vesting of restricted stock.
- Following this transaction, Christian Follmann directly beneficially owns 120,252 shares of common stock.
- An additional 350 shares are indirectly beneficially owned by his spouse.
Sentiment
Score: 5
Explanation: The transaction is a routine, non-discretionary disposition of shares to cover tax obligations related to restricted stock vesting, indicating a neutral sentiment.
Future Outlook
NA
Industry Context
NA
Key Dates
| Date | Description |
|---|---|
| 07/09/2025 | Date of transaction: disposition of common stock to cover taxes on restricted stock vesting. |
| 07/11/2025 | Date the Form 4 was signed by the attorney-in-fact for Christian Follmann. |
Keywords
Hercules Capital, HTGC, Form 4, SEC filing, insider transaction, stock disposition, restricted stock, tax withholding, Christian Follmann, Chief Operating Officer
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