Director Thomas Fallon adds 7,300 Hercules Capital (HCXY) shares via equity fees
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hercules Capital director Thomas J. Fallon increased his stake through equity compensation rather than cash. On March 26, 2026, a trust associated with him acquired 7,300 shares of Hercules Capital common stock at $14.30 per share, reported as an open‑market purchase.
The footnotes explain these shares were received in lieu of a cash director fee and are held by the Fallon Family Revocable Trust. After this transaction, the trust held 157,669 shares, while Fallon also reported 5,959 shares held directly, including shares accumulated through the company’s dividend reinvestment plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 7,300 shares ($104,390)
Net Buy
2 txns
Insider
Fallon Thomas J
Role
Director
Bought
7,300 shs ($104K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 7,300 | $14.30 | $104K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 157,669 shares (Indirect, By Trust);
Common Stock — 5,959 shares (Direct)
Footnotes (1)
- Shares purchased based on reporting person's election to receive stock in lieu of cash compensation fee otherwise due to reporting person as a director of the Issuer. Held by the Fallon Family Revocable Trust. The number of shares includes shares acquired pursuant to the Hercules Capital, Inc. dividend reinvestment plan, exempt under Rule 16a-11.
Key Figures
Shares acquired: 7,300 shares
Purchase price: $14.30 per share
Indirect holdings after transaction: 157,669 shares
+2 more
5 metrics
Shares acquired
7,300 shares
Common stock acquired on March 26, 2026 as equity compensation
Purchase price
$14.30 per share
Reported transaction price for the 7,300 acquired shares
Indirect holdings after transaction
157,669 shares
Common stock held by Fallon Family Revocable Trust after transaction
Direct holdings after transaction
5,959 shares
Common stock held directly by Thomas J. Fallon after transaction
Net insider share change
7,300 shares
Net buy shares in this Form 4 per transaction summary
Key Terms
open-market purchase, dividend reinvestment plan, Rule 16a-11, revocable trust
4 terms
open-market purchase financial
"reported as an open‑market purchase"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
dividend reinvestment plan financial
"includes shares acquired pursuant to the Hercules Capital, Inc. dividend reinvestment plan"
A dividend reinvestment plan lets shareholders automatically use cash dividends to buy more shares of the same company instead of receiving the money. It matters to investors because it turns regular payouts into a steady way to grow ownership and take advantage of compound returns—like having your savings automatically buy additional slices of a pie over time—while often reducing transaction costs and smoothing purchase timing.
Rule 16a-11 regulatory
"dividend reinvestment plan, exempt under Rule 16a-11"
revocable trust financial
"Held by the Fallon Family Revocable Trust."
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
FAQ
What insider transaction did Hercules Capital (HCXY) report for Thomas J. Fallon?
Hercules Capital reported that director Thomas J. Fallon acquired 7,300 shares of common stock at $14.30 per share. The shares were received as equity in lieu of a cash director fee and are held by the Fallon Family Revocable Trust.
Was the Hercules Capital (HCXY) Form 4 transaction a true open-market cash purchase?
The Form 4 uses the open‑market purchase code, but footnotes state the shares were received instead of a cash director compensation fee. This means Fallon effectively took his board fee in stock, rather than spending new cash to buy the shares.
What are Thomas J. Fallon’s direct holdings in Hercules Capital (HCXY) after the Form 4?
The filing shows Fallon directly held 5,959 shares of Hercules Capital common stock after the reported date. A footnote notes that the total share count includes stock acquired through the company’s dividend reinvestment plan under Rule 16a‑11.
What does the dividend reinvestment plan note mean in the Hercules Capital (HCXY) Form 4?
The footnote explains that Fallon’s reported share totals include stock acquired via Hercules Capital’s dividend reinvestment plan. Under this plan, dividends are automatically used to buy additional shares, which are exempt from certain reporting rules under SEC Rule 16a‑11.
Hercules Capital Inc