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 a transaction involving the withholding of common stock to cover taxes related to vesting restricted stock.
Summary
- On April 10, 2024, Kiersten Zaza Botelho, General Counsel & CCO of Hercules Capital, Inc. [HTGC], had shares of common stock withheld to cover taxes.
- A total of 217 shares were withheld at a price of $18.33 per share.
- Following the transaction, Botelho directly owns 49,852 shares of Hercules Capital, Inc. common stock.
Sentiment
Score: 5
Explanation: This is a neutral report of a routine transaction. It doesn't indicate positive or negative sentiment about the company's performance.
Industry Context
This Form 4 filing is a routine disclosure related to insider transactions and is required by the SEC to ensure transparency in the market. It provides information about the trading activities of company insiders, allowing investors to monitor potential conflicts of interest or gain insights into management's view of the company's prospects.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine tax withholding.
Key Dates
| Date | Description |
|---|---|
| 04/10/2024 | Date of stock transaction (tax withholding) |
| 04/12/2024 | Date of signature on the Form 4 filing |
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