Form 4: HTGC Legal Officer's Tax-Related Stock Sale
Insider Transaction Report
Hercules Capital's Chief Legal Officer, Kiersten Zaza Botelho, reported a disposition of 956 common shares to cover tax obligations related to restricted stock vesting.
Summary
- Kiersten Zaza Botelho, Chief Legal Officer & CCO of Hercules Capital, Inc. (HTGC), reported a transaction involving the company's common stock.
- On October 9, 2025, 956 shares of common stock were disposed of.
- The disposition was a mandatory withholding of shares to satisfy tax obligations associated with the vesting of restricted stock.
- The price per share for the disposed stock was $17.06.
- Following this transaction, Botelho directly beneficially owns 64,925 shares of Hercules Capital, Inc. common stock.
Sentiment
Score: 5
Explanation: Neutral, as this is a routine, non-discretionary tax-related transaction for an executive, not indicative of company performance or strategic shifts.
Stakeholder Impact
- Minimal impact on shareholders as this is a routine, tax-related disposition by an executive, not a discretionary sale that would signal a change in confidence.
Key Dates
| Date | Description |
|---|---|
| 10/09/2025 | Date of transaction (vesting of restricted stock and subsequent tax withholding) |
| 10/14/2025 | Date of Form 4 filing with the SEC |
Keywords
Hercules Capital, HTGC, Form 4, Insider Transaction, Stock Vesting, Tax Withholding, Kiersten Zaza Botelho, Chief Legal Officer
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