Form 4: Hercules Capital Executive Kiersten Zaza Botelho Reports Stock Transaction
SEC Form 4
Kiersten Zaza Botelho, General Counsel & CCO of Hercules Capital, Inc., reports disposition of shares to cover tax obligations related to vesting of restricted stock.
Summary
- On July 10, 2024, Kiersten Zaza Botelho, General Counsel & CCO of Hercules Capital, Inc., disposed of 214 shares of common stock to cover tax obligations.
- The transaction was executed at a price of $21.06 per share.
- Following the transaction, Botelho directly owns 48,815 shares of Hercules Capital, Inc.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to an executive's stock transaction for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction is related to tax obligations from vesting of restricted stock, a common form of executive compensation.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine disposal of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 07/10/2024 | Date of stock transaction (disposal of shares for tax obligations). |
| 07/12/2024 | Date of signature on the Form 4 filing. |
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