Director adds Hercules Capital (NYSE: HTGC) shares in open-market buy

Rhea-AI Filing Summary

Hercules Capital director Nikos Theodosopoulos bought 6,165 shares of common stock in an open-market purchase. The transaction took place on February 17, 2026, at an average price of $15.93 per share. Following this purchase, his directly owned stake increased to 18,923 shares.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Theodosopoulos Nikos

(Last) (First) (Middle)

C/O HERCULES CAPITAL, INC.

1 NORTH B STREET, SUITE 2000

(Street)

SAN MATEO CA 94401

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Hercules Capital, Inc. [ HTGC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
02/17/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/17/2026		P		6,165	A	$15.93(1)	18,923(2)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Average purchase price. Shares purchased at prices between $15.90 and $15.95.

2. Includes 286, 243 and 269 dividend reinvestment shares acquired on May 20, 2025, August 19, 2025 and November 19, 2025, respectively.

Remarks:

	/s /Kiersten Zaza Botelho, Attorney-in-Fact for Nikos Theodosopoulos	02/19/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Hercules Capital (HTGC) director Nikos Theodosopoulos report on this Form 4?

He reported an open-market purchase of 6,165 Hercules Capital common shares. The trade occurred on February 17, 2026, and reflects a direct increase in his personal ownership position in the company’s stock, as disclosed in the SEC filing.

How many Hercules Capital (HTGC) shares does the director own after this transaction?

After the reported purchase, director Nikos Theodosopoulos directly owns 18,923 Hercules Capital common shares. This figure includes the newly acquired 6,165 shares and represents his total direct holdings immediately following the February 17, 2026 transaction.

At what price did the Hercules Capital (HTGC) director buy the shares?

The director bought the 6,165 shares at an average price of $15.93 per share. A filing footnote explains this is an average purchase price, with individual trade prices ranging between $15.90 and $15.95 for the reported transaction.

Was the Hercules Capital (HTGC) purchase a direct or indirect ownership transaction?

The filing classifies the purchase as directly owned by the director. The ownership code is shown as “D” for direct, and there is no indication in the footnotes that another entity, such as a trust or partnership, holds voting or investment authority.

What type of transaction was reported by the Hercules Capital (HTGC) director?

The transaction was an open-market purchase of common stock, coded “P” on the Form 4. This code indicates a purchase in the open market or a private transaction and, in this case, increased the director’s direct share ownership in Hercules Capital.