[Form 4] Hamilton Lane Incorporated Insider Trading Activity
Rogers Hartley R., Executive Co-Chairman and director of Hamilton Lane Incorporated (HLNE), reported a charitable gift on August 31, 2025. He gifted 100,125 Class B Units of Hamilton Lane Advisors, L.L.C. and the corresponding 100,125 shares of the issuer's Class B common stock to a charitable entity.
The filing shows these Class B shares carry no economic value beyond par on liquidation but confer ten votes per share. The Class B Units are exchangeable one-for-one into Class A common stock or, at the issuer's election, for cash; upon exchange the Class B share is redeemed at par and cancelled. The securities are beneficially owned indirectly by HLA Investments, LLC through HRHLA, LLC, of which Mr. Rogers is manager. After the reported disposal, 6,660,797 Class A-equivalent shares remain beneficially owned indirectly.
Rogers Hartley R., Co-Presidente Esecutivo e membro del consiglio di Hamilton Lane Incorporated (HLNE), ha segnalato una donazione caritatevole il 31 agosto 2025. Ha donato 100.125 Unit脿 di Classe B di Hamilton Lane Advisors, L.L.C. e le corrispondenti 100.125 azioni della societ脿 emittente di azioni ordinarie Classe B a un ente benefico.
La comunicazione indica che queste azioni di Classe B non hanno valore economico oltre il valore nominale in caso di liquidazione, ma attribuiscono dieci voti per azione. Le Unit脿 di Classe B possono essere convertite una a una in azioni ordinarie Classe A o, a scelta dell'emittente, in contanti; al momento della conversione l'azione di Classe B viene riscattata al valore nominale e annullata. I titoli sono detenuti indirettamente da HLA Investments, LLC tramite HRHLA, LLC, di cui il Sig. Rogers 猫 il manager. Dopo la cessione segnalata, rimangono detenute indirettamente 6.660.797 azioni equivalenti di Classe A.
Rogers Hartley R., Copresidente Ejecutivo y miembro del consejo de Hamilton Lane Incorporated (HLNE), notific贸 una donaci贸n ben茅fica el 31 de agosto de 2025. Don贸 100.125 Unidades de Clase B de Hamilton Lane Advisors, L.L.C. y las correspondientes 100.125 acciones de la sociedad emisora de acciones ordinarias Clase B a una entidad caritativa.
El expediente se帽ala que estas acciones de Clase B no tienen valor econ贸mico m谩s all谩 del valor nominal en caso de liquidaci贸n, pero otorgan diez votos por acci贸n. Las Unidades de Clase B son canjeables una por una por acciones ordinarias Clase A o, a elecci贸n del emisor, por efectivo; al canjearse la acci贸n de Clase B se rescata al valor nominal y se cancela. Los valores son pose铆dos indirectamente por HLA Investments, LLC a trav茅s de HRHLA, LLC, de la cual el Sr. Rogers es gerente. Tras la disposici贸n informada, permanecen pose铆das indirectamente 6.660.797 acciones equivalentes de Clase A.
Rogers Hartley R.電� Hamilton Lane Incorporated(HLNE)鞚� 瓿惦彊 歆戫枆 鞚橃灔鞚挫瀽 鞚挫偓搿滌劀 2025雲� 8鞗� 31鞚� 鞛愳劆 旮半秬毳� 鞁犼碃頄堨姷雼堧嫟. 攴鸽姅 Hamilton Lane Advisors, L.L.C.鞚� 韥措灅鞀� B 雼渼 100,125臧滌檧 氚滍枆靷潣 韥措灅鞀� B 氤错喌欤� 頃措嫻 欤检嫕 100,125欤茧ゼ 鞛愳劆 雼泊鞐� 旮半秬頄堨姷雼堧嫟.
鞁犼碃靹滌棎 霐半ゴ氅� 鞚� 韥措灅鞀� B 欤检嫕鞚� 觳偘 鞁� 鞎‰┐臧�毳� 齑堦臣頃橂姅 瓴届牅鞝� 臧�旃橂姅 鞐嗢毵� 欤茧嫻 鞐� 響滌潣 鞚橁舶甓�鞚� 攵�鞐暕雼堧嫟. 韥措灅鞀� B 雼渼電� 1雽�1搿� 韥措灅鞀� A 氤错喌欤茧 鞝勴櫂霅橁卑雮�, 氚滍枆靷潣 靹犿儩鞐� 霐半澕 順勱笀鞙茧 甑愴櫂霅� 靾� 鞛堨溂氅�; 甑愴櫂 鞁� 韥措灅鞀� B 欤检嫕鞚� 鞎‰┐臧�搿� 頇橂Г霅橃柎 靻岅皝霅╇媹雼�. 頃措嫻 歃濌秾鞚� Mr. Rogers臧� 毵る媹鞝�搿� 鞛堧姅 HRHLA, LLC毳� 韱淀暣 HLA Investments, LLC臧� 臧勳爲 靻岇湢頃橁碃 鞛堨姷雼堧嫟. 鞁犼碃霅� 觳橂秳 頉勳棎電� 韥措灅鞀� A 頇橃偘 旮办鞙茧 臧勳爲 氤挫湢 欤检嫕鞚� 6,660,797欤� 雮晞 鞛堨姷雼堧嫟.
Rogers Hartley R., copr茅sident ex茅cutif et administrateur de Hamilton Lane Incorporated (HLNE), a d茅clar茅 un don caritatif le 31 ao没t 2025. Il a fait don de 100 125 unit茅s de Classe B de Hamilton Lane Advisors, L.L.C. et des 100 125 actions correspondantes de la soci茅t茅 茅mettrice de titres ordinaires de Classe B 脿 une entit茅 caritative.
Le dossier indique que ces actions de Classe B n'ont pas de valeur 茅conomique au-del脿 de la valeur nominale en cas de liquidation, mais conf猫rent dix voix par action. Les unit茅s de Classe B sont 茅changeables une pour une contre des actions ordinaires de Classe A ou, au choix de l'茅metteur, contre de l'argent ; lors de l'茅change, l'action de Classe B est rachet茅e 脿 la valeur nominale et annul茅e. Les titres sont d茅tenus de mani猫re indirecte par HLA Investments, LLC via HRHLA, LLC, dont M. Rogers est le g茅rant. Apr猫s la cession d茅clar茅e, 6 660 797 actions 茅quivalentes de Classe A restent d茅tenues indirectement.
Rogers Hartley R., Executive Co-Chairman und Director von Hamilton Lane Incorporated (HLNE), meldete am 31. August 2025 eine wohlt盲tige Zuwendung. Er schenkte 100.125 Class-B-Einheiten von Hamilton Lane Advisors, L.L.C. sowie die entsprechenden 100.125 Aktien der emittierenden Gesellschafts Class-B-Stammaktien an eine wohlt盲tige Organisation.
Die Meldung weist darauf hin, dass diese Class-B-Aktien im Liquidationsfall keinen wirtschaftlichen Wert 眉ber den Nennwert hinaus besitzen, ihnen jedoch zehn Stimmen pro Aktie zukommen. Die Class-B-Einheiten sind eins zu eins in Class-A-Stammaktien umtauschbar oder nach Wahl des Emittenten in bar; bei Umtausch wird die Class-B-Aktie zum Nennwert zur眉ckgenommen und annulliert. Die Wertpapiere werden indirekt von HLA Investments, LLC 眉ber HRHLA, LLC gehalten, dessen Gesch盲ftsf眉hrer Mr. Rogers ist. Nach der gemeldeten Ver盲u脽erung verbleiben indirekt 6.660.797 Class-A-盲quivalente Aktien im Besitz.
- Charitable disposition indicates the transfer was a gift rather than a market sale (Transaction Code G(1))
- Ownership structure remains intact: securities continue to be held indirectly by HLA Investments, LLC managed by HRHLA, LLC
- Reduction in Class B units/shares by 100,125 decreases the reporting person鈥檚 voting-linked holdings
- Class B shares carry no economic value beyond par, meaning the transferred shares affected voting power rather than economic exposure
Insights
TL;DR: Insider gifted 100,125 Class B units/shares to charity; transaction reduces indirect holdings but structure and exchange mechanics remain intact.
The reported gift of 100,125 Class B Units (and corresponding Class B common shares) is a non-sale disposition coded G(1), indicating a charitable transfer rather than a market sale. The filing clarifies that Class B common stock carries no economic value beyond par on liquidation but confers substantial voting power (ten votes per share). The Class B Units are exchangeable one-for-one into Class A common stock or cash at the issuer's option, with redeemed Class B shares cancelled at par. For investors, this is a governance-and-ownership update rather than an earnings or capital-structure event; indirect beneficial ownership remains through HLA Investments, LLC, managed by HRHLA, LLC, which the reporting person manages.
TL;DR: Charitable gift reduces the reporting person鈥檚 direct voting-linked Class B stake but group retains >10% beneficial ownership of Class A shares.
The disclosure emphasizes voting rights: Class B common shares provide ten votes per share despite lacking economic value beyond par. The gift decreases the reporting person鈥檚 allocable Class B units/shares by 100,125 but does not eliminate their role in the ownership structure, since the securities are held indirectly by HLA Investments, LLC with HRHLA, LLC as managing member. The exchangeability of Class B Units into Class A or cash, and the redemption-at-par mechanic, are important operational details for control and vote dilution considerations. This filing is material to governance profiles but does not indicate a change to management roles.
Rogers Hartley R., Co-Presidente Esecutivo e membro del consiglio di Hamilton Lane Incorporated (HLNE), ha segnalato una donazione caritatevole il 31 agosto 2025. Ha donato 100.125 Unit脿 di Classe B di Hamilton Lane Advisors, L.L.C. e le corrispondenti 100.125 azioni della societ脿 emittente di azioni ordinarie Classe B a un ente benefico.
La comunicazione indica che queste azioni di Classe B non hanno valore economico oltre il valore nominale in caso di liquidazione, ma attribuiscono dieci voti per azione. Le Unit脿 di Classe B possono essere convertite una a una in azioni ordinarie Classe A o, a scelta dell'emittente, in contanti; al momento della conversione l'azione di Classe B viene riscattata al valore nominale e annullata. I titoli sono detenuti indirettamente da HLA Investments, LLC tramite HRHLA, LLC, di cui il Sig. Rogers 猫 il manager. Dopo la cessione segnalata, rimangono detenute indirettamente 6.660.797 azioni equivalenti di Classe A.
Rogers Hartley R., Copresidente Ejecutivo y miembro del consejo de Hamilton Lane Incorporated (HLNE), notific贸 una donaci贸n ben茅fica el 31 de agosto de 2025. Don贸 100.125 Unidades de Clase B de Hamilton Lane Advisors, L.L.C. y las correspondientes 100.125 acciones de la sociedad emisora de acciones ordinarias Clase B a una entidad caritativa.
El expediente se帽ala que estas acciones de Clase B no tienen valor econ贸mico m谩s all谩 del valor nominal en caso de liquidaci贸n, pero otorgan diez votos por acci贸n. Las Unidades de Clase B son canjeables una por una por acciones ordinarias Clase A o, a elecci贸n del emisor, por efectivo; al canjearse la acci贸n de Clase B se rescata al valor nominal y se cancela. Los valores son pose铆dos indirectamente por HLA Investments, LLC a trav茅s de HRHLA, LLC, de la cual el Sr. Rogers es gerente. Tras la disposici贸n informada, permanecen pose铆das indirectamente 6.660.797 acciones equivalentes de Clase A.
Rogers Hartley R.電� Hamilton Lane Incorporated(HLNE)鞚� 瓿惦彊 歆戫枆 鞚橃灔鞚挫瀽 鞚挫偓搿滌劀 2025雲� 8鞗� 31鞚� 鞛愳劆 旮半秬毳� 鞁犼碃頄堨姷雼堧嫟. 攴鸽姅 Hamilton Lane Advisors, L.L.C.鞚� 韥措灅鞀� B 雼渼 100,125臧滌檧 氚滍枆靷潣 韥措灅鞀� B 氤错喌欤� 頃措嫻 欤检嫕 100,125欤茧ゼ 鞛愳劆 雼泊鞐� 旮半秬頄堨姷雼堧嫟.
鞁犼碃靹滌棎 霐半ゴ氅� 鞚� 韥措灅鞀� B 欤检嫕鞚� 觳偘 鞁� 鞎‰┐臧�毳� 齑堦臣頃橂姅 瓴届牅鞝� 臧�旃橂姅 鞐嗢毵� 欤茧嫻 鞐� 響滌潣 鞚橁舶甓�鞚� 攵�鞐暕雼堧嫟. 韥措灅鞀� B 雼渼電� 1雽�1搿� 韥措灅鞀� A 氤错喌欤茧 鞝勴櫂霅橁卑雮�, 氚滍枆靷潣 靹犿儩鞐� 霐半澕 順勱笀鞙茧 甑愴櫂霅� 靾� 鞛堨溂氅�; 甑愴櫂 鞁� 韥措灅鞀� B 欤检嫕鞚� 鞎‰┐臧�搿� 頇橂Г霅橃柎 靻岅皝霅╇媹雼�. 頃措嫻 歃濌秾鞚� Mr. Rogers臧� 毵る媹鞝�搿� 鞛堧姅 HRHLA, LLC毳� 韱淀暣 HLA Investments, LLC臧� 臧勳爲 靻岇湢頃橁碃 鞛堨姷雼堧嫟. 鞁犼碃霅� 觳橂秳 頉勳棎電� 韥措灅鞀� A 頇橃偘 旮办鞙茧 臧勳爲 氤挫湢 欤检嫕鞚� 6,660,797欤� 雮晞 鞛堨姷雼堧嫟.
Rogers Hartley R., copr茅sident ex茅cutif et administrateur de Hamilton Lane Incorporated (HLNE), a d茅clar茅 un don caritatif le 31 ao没t 2025. Il a fait don de 100 125 unit茅s de Classe B de Hamilton Lane Advisors, L.L.C. et des 100 125 actions correspondantes de la soci茅t茅 茅mettrice de titres ordinaires de Classe B 脿 une entit茅 caritative.
Le dossier indique que ces actions de Classe B n'ont pas de valeur 茅conomique au-del脿 de la valeur nominale en cas de liquidation, mais conf猫rent dix voix par action. Les unit茅s de Classe B sont 茅changeables une pour une contre des actions ordinaires de Classe A ou, au choix de l'茅metteur, contre de l'argent ; lors de l'茅change, l'action de Classe B est rachet茅e 脿 la valeur nominale et annul茅e. Les titres sont d茅tenus de mani猫re indirecte par HLA Investments, LLC via HRHLA, LLC, dont M. Rogers est le g茅rant. Apr猫s la cession d茅clar茅e, 6 660 797 actions 茅quivalentes de Classe A restent d茅tenues indirectement.
Rogers Hartley R., Executive Co-Chairman und Director von Hamilton Lane Incorporated (HLNE), meldete am 31. August 2025 eine wohlt盲tige Zuwendung. Er schenkte 100.125 Class-B-Einheiten von Hamilton Lane Advisors, L.L.C. sowie die entsprechenden 100.125 Aktien der emittierenden Gesellschafts Class-B-Stammaktien an eine wohlt盲tige Organisation.
Die Meldung weist darauf hin, dass diese Class-B-Aktien im Liquidationsfall keinen wirtschaftlichen Wert 眉ber den Nennwert hinaus besitzen, ihnen jedoch zehn Stimmen pro Aktie zukommen. Die Class-B-Einheiten sind eins zu eins in Class-A-Stammaktien umtauschbar oder nach Wahl des Emittenten in bar; bei Umtausch wird die Class-B-Aktie zum Nennwert zur眉ckgenommen und annulliert. Die Wertpapiere werden indirekt von HLA Investments, LLC 眉ber HRHLA, LLC gehalten, dessen Gesch盲ftsf眉hrer Mr. Rogers ist. Nach der gemeldeten Ver盲u脽erung verbleiben indirekt 6.660.797 Class-A-盲quivalente Aktien im Besitz.
FAQ
What did Rogers Hartley R. report on Form 4 for HLNE?
How many shares does the reporting person beneficially own after the transaction?
What voting or economic rights do the Class B shares carry?
Are the Class B Units exchangeable?
Was this a sale or a gift?
