Form 4: Hercules Capital Director Wade Loo Reports Stock Transactions

Director Wade Loo reports stock purchases, disposals, and a transfer of direct ownership to indirect ownership through a trust.

Summary

• Wade Loo, a director of Hercules Capital, Inc., reported several transactions involving the company's common stock on May 8, 2025.
• Loo purchased 5,999 shares at an average price of $17.49 per share.
• Loo disposed of 5,645 shares previously reported as directly owned, transferring them to indirect ownership through a trust.
• Loo acquired 5,645 shares through the trust.
• Following these transactions, Loo directly owns 7,504 shares and indirectly owns 25,054 shares through the Loo Revocable Trust.
• The indirect ownership includes dividend reinvestment shares acquired on August 20, 2024, November 20, 2024 and March 5, 2025.

Sentiment

Score: 5

Explanation: The document is a routine disclosure of stock transactions by a company director. The sentiment is neutral as it simply reports facts without expressing any opinion or forward-looking statements.

Positives

• The director's purchase of shares could be interpreted as a positive signal about the company's 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 management's sentiment and confidence in the company's performance.

Stakeholder Impact

• The transactions may influence investor perception of the company.

Key Dates

Keywords

Hercules Capital, HTGC, Wade Loo, Director, Stock Transactions, Beneficial Ownership, Form 4, SEC