Form 4: Hercules Capital Executive Kiersten Zaza Botelho Reports Stock Transaction
SEC Form 4 Filing
Kiersten Zaza Botelho, General Counsel & CCO of Hercules Capital, Inc., reports disposition of 806 shares to cover tax obligations related to vesting of restricted stock.
Summary
- On July 11, 2024, Kiersten Zaza Botelho, General Counsel & CCO of Hercules Capital, Inc. (HTGC), reported a transaction involving the disposition of 806 shares of common stock.
- The shares were disposed of to cover tax obligations related to the vesting of restricted stock.
- The transaction was executed at a price of $21.11 per share.
- Following the transaction, Botelho directly owns 48,009 shares of Hercules Capital, Inc.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to an insider transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
This is a routine disclosure related to executive compensation and tax obligations, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 07/11/2024 | Date of stock transaction (disposition of shares). |
| 07/15/2024 | Date of signature on the Form 4 filing. |
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