Form 4: Hercules Capital Director Thomas J. Fallon Reports Changes in Beneficial Ownership

Director Thomas J. Fallon reports acquisition and disposal of Hercules Capital stock, including restricted stock grants and adjustments to direct and indirect ownership.

Summary

• Thomas J. Fallon, a director of Hercules Capital, Inc., reported changes in beneficial ownership of the company's common stock on June 20, 2024.
• He acquired 3,030 shares of common stock at a price of $19.8 per share as a restricted stock grant upon re-election to the board.
• These shares are subject to forfeiture restrictions and vest in three equal installments annually.
• Fallon also disposed of 149 shares previously reported as directly owned, now reported as indirectly owned.
• He acquired 149 shares indirectly at $0.00.
• Following these transactions, Fallon directly owns 7,947 shares and indirectly owns 85,519 shares through the Fallon Family Revocable Trust, which includes dividend reinvestment shares.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it primarily reflects routine transactions and adjustments in ownership reporting.

Positives

• The acquisition of restricted stock demonstrates a continued investment and alignment of interests with the company's performance.

Industry Context

This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency to investors regarding changes in ownership.

Stakeholder Impact

• The transactions provide stakeholders with insight into the director's investment in the company.

Key Dates