Hamilton Lane Inc SEC Filings

Hamilton Lane Incorporated (HLNE) reported stronger Q2 FY2026 results for the three months ended September 30, 2025. Total revenues were $190.9 million, up from $150.0 million a year ago, led by management and advisory fees of $142.1 million and incentive fees of $48.8 million. Net income attributable to Hamilton Lane increased to $70.9 million, with diluted EPS of $1.69, compared with $1.37 in the prior-year quarter.

Operating costs rose as the firm invested in people and growth, with compensation and benefits at $77.0 million and general and administrative expenses at $33.5 million. Other income benefited from equity in income of investees and investment gains, bringing total other income to $37.9 million.

On the balance sheet at September 30, 2025, cash and cash equivalents were $240.8 million and debt was $285.6 million. The company declared a dividend of $0.54 per Class A share for the quarter. In September 2025, Hamilton Lane completed a registered offering of 528,705 Class A shares at $146.51 per share, including 378,705 newly issued shares, generating $55.5 million in net proceeds used to settle exchanges of Class B and Class C units.

Hamilton Lane (HLNE) announced financial results for its second fiscal quarter ended September 30, 2025. The company released a press release and a detailed presentation to accompany the results.

Both documents were furnished as Exhibit 99.1 and incorporated by reference. The information was furnished, not filed, under the Exchange Act, which means it is not subject to Section 18 liability and is not automatically incorporated into other filings unless specifically referenced.

Margaret Anne McAllister filed an initial Form 3 disclosing beneficial ownership in Hamilton Lane Inc. (HLNE). She directly holds 59,006 shares of Class A common stock and 300,000 shares of Class B common stock, received pursuant to a court-approved divorce settlement. The filing explains Class B shares carry no economic value beyond par on liquidation but confer ten votes per share. Related Class B Units of Hamilton Lane Advisors, L.L.C. are exchangeable one-for-one into Class A shares (or cash) and are directly held in a one-for-one relationship with 300,000 underlying Class A shares. The filer is a director and part of a group that beneficially owns more than 10% of HLNE's Class A common stock.

Hamilton Lane director and >10% owner O. Griffith Sexton acquired 1,331 Class A shares as restricted stock on 09/16/2025 for no cash consideration; those shares vest one year from the transaction date. Following the grant, Mr. Sexton directly beneficially owns 4,852 Class A shares and indirectly holds 17,414 Class A shares through the O. Griffith Sexton 2016 Revocable Trust. He also holds 291,233 Class B shares reported through multiple trusts and Class B units exchangeable one-for-one into Class A shares.

The Form 4 notes the Class B shares carry ten votes per share but limited economic value beyond par on liquidation, and several holdings are held indirectly through trusts where Mr. Sexton serves as trustee.

Hamilton Lane Inc. (HLNE) reports a Form 4 showing that director Leslie F. Varon was issued 666 shares of Class A common stock on 09/16/2025 as restricted stock under the company’s Amended and Restated 2017 Equity Incentive Plan in consideration of board service. The award was granted at no cash price and the shares vest one year from the transaction date. After the grant, the reporting person beneficially owns 9,658 shares of Class A common stock, held directly. The Form 4 was filed by one reporting person and signed via attorney-in-fact on 09/18/2025.

Hamilton Lane director Reynoldo Vann received 333 restricted shares of Class A common stock on 09/16/2025 as compensation for board service under the company's Amended and Restated 2017 Equity Incentive Plan. The award was issued at no cash price and the shares vest one year from the transaction date. After the issuance, Mr. Vann directly beneficially owns 1,681 shares of Class A common stock. The Form 4 also discloses that he is the custodian of two custodial accounts holding additional Class A shares for his younger and older children. The filing was signed by an attorney-in-fact on 09/18/2025.

Hamilton Lane insider filing: Lydia Gavalis, General Counsel & Secretary, reported a sale of 33,438 shares of Class A common stock and receipt of performance-based equity awards on September 16, 2025. The Form 4 shows two performance-stock grants that together represent 7,878 contingent rights to receive Class A shares if specific performance or price targets are met; one tranche vests based on total shareholder return by September 16, 2030 and the other vests if a price threshold is met by September 16, 2029. Following the transactions, Gavalis directly owns 1,356 shares from the first vested award and 6,522 from the second award are reflected as beneficial holdings.

Andrea Anigati Kramer, Hamilton Lane Inc. (HLNE) Chief Operating Officer and director, reported routine equity transactions and holdings. On 03/31/2025 she acquired 42 Class A shares under the company Employee Share Purchase Plan at $126.37 per share. On 09/16/2025 she delivered 736 Class A shares to the issuer to satisfy withholding taxes at $146.53 per share, reducing her direct Class A holdings from 64,080 to 63,344 shares. She also reports 17,913 Class A shares indirectly held in an IRA trust for which she is trustee, 135,970 shares of Class B common stock, and various performance-based awards and exchangeable units that are convertible into large numbers of Class A shares, including 135,970 Class A equivalents from Class B Units and 195,317 from Class C Units.