4/A: Hercules Capital Director Badavas Executes Stock Option and Sells Shares
SEC Form 4/A
Robert Badavas, a director at Hercules Capital, exercised stock options and sold shares in multiple transactions on June 18 and June 20, 2024.
Summary
- Robert Badavas, a director of Hercules Capital, Inc., engaged in transactions involving the company's common stock.
- On June 18, 2024, Badavas exercised stock options to acquire 1,700 shares at a price of $16.34 per share and then sold the same amount at a weighted average price of $19.60.
- On June 20, 2024, Badavas exercised options to acquire 13,300 shares at $16.34 per share and sold the same amount at a weighted average price of $19.6911.
- Following these transactions, Badavas directly owns 4,234 shares of common stock.
- Badavas also indirectly owns 107,452 shares through the Robert P. Badavas Trust of 2007.
Sentiment
Score: 5
Explanation: The document is a neutral report of stock transactions. There is no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions. It's common for directors to exercise stock options and sell shares for personal financial management.
Key Dates
| Date | Description |
|---|---|
| 06/18/2024 | Director exercised stock options and sold 1,700 shares. |
| 06/20/2024 | Director exercised stock options and sold 13,300 shares. |
| 06/21/2024 | Original Form 4 filing date. |
| 06/24/2024 | Date of amended Form 4/A filing. |
| 07/08/2024 | Expiration date of stock options. |
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