Form 4: Hercules Capital Director Badavas Acquires and Transfers Shares in Recent Transactions

Director Robert P. Badavas engaged in transactions involving Hercules Capital, Inc. (HTGC) common stock, including purchases, disposals, and a transfer to a trust.

Summary

• On May 8, 2025, Robert P. Badavas, a director of Hercules Capital, Inc. (HTGC), engaged in multiple transactions involving the company's common stock.
• He purchased 1,799 shares at an average price of $17.49, with individual share prices ranging from $17.38 to $17.58.
• Badavas also disposed of 1,411 shares previously reported as directly owned.
• These shares were then reported as indirectly owned, transferred to the Robert P. Badavas Trust of 2007.
• Additionally, 1,411 shares were acquired by the trust.
• Following these transactions, Badavas directly owns 4,622 shares and indirectly owns 108,863 shares through the trust.

Sentiment

Score: 5

Explanation: The sentiment is neutral. The transactions are routine and do not provide a strong signal of positive or negative sentiment. The purchase of shares could be seen as slightly positive, but the transfer to a trust is a neutral event.

Positives

• The director's purchase of shares could be interpreted as a sign of confidence in the company's future prospects.

Industry Context

Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders. These filings are closely watched by investors to gauge sentiment and potential future actions of key individuals within a company.

Stakeholder Impact

• The transactions may have a minor impact on shareholder sentiment, depending on how they interpret the director's actions.

Key Dates

Keywords

Hercules Capital, HTGC, Robert Badavas, Director, Stock Transactions, Beneficial Ownership, Form 4, Trust