Hamilton Lane (NASDAQ: HLNE) begins $50M Class A stock buyback

Rhea-AI Filing Summary

Hamilton Lane Incorporated has begun buying back its Class A common stock under a previously authorized repurchase program. The program allows repurchases of up to 6% of the outstanding Class A shares as of the original 2018 authorization date, with a cap of $50 million.

Repurchases may occur over time through open-market purchases or privately negotiated transactions, depending on market conditions and other factors. Before starting these transactions on February 20, 2026, the company had not repurchased any Class A shares under this program, so the full authorization was available.

Insights

Equity Analyst

Hamilton Lane has started a share buyback of up to 6% or $50 million, potentially supporting per-share metrics.

Hamilton Lane has commenced repurchases of its Class A common stock under an existing authorization to buy back up to 6% of the originally outstanding shares, not to exceed $50 million. This marks the first use of a program that has been in place since 2018 and re-approved in December 2024.

Repurchases can be made in the open market or via privately negotiated deals, giving flexibility to respond to market conditions. Actual impact on share count and per-share measures will depend on the pace and size of future repurchases disclosed in subsequent company communications.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): February 20, 2026

Hamilton Lane Incorporated

(Exact Name of Registrant as specified in its charter)

Delaware

001-38021

26-2482738

(State or other jurisdiction of incorporation)

(Commission File No.)

(IRS Employer Identification No.)

110 Washington Street,

Suite 1300

Conshohocken,

PA

19428

(Address of principal executive offices)

(Zip Code)

 (610) 934-2222 

(Registrant’s telephone number, including area code)

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐			Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐			Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐			Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐			Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Class A Common Stock, $0.001 par value per share

HLNE

The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company    ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.    ☐

Item 8.01. Other Events.

    As previously disclosed, on November 6, 2018, Hamilton Lane Incorporated (the “Company”) announced that the Company’s board of directors authorized a program to repurchase, in the aggregate, up to 6% of the outstanding shares of the Company’s Class A common stock as of the date of the authorization, not to exceed $50 million (the “Stock Repurchase Program”). The Company’s board of directors periodically reviews the Stock Repurchase Program and most recently re-approved it in December 2024.

    On February 20, 2026, the Company commenced repurchases under the Stock Repurchase Program. Repurchases made under the Stock Repurchase Program may be effectuated through the open market or in privately negotiated transactions from time to time based on market conditions and other factors. The Company has not previously repurchased any of its Class A common stock under the Stock Repurchase Program, so the full purchase authority remained available under this program prior to such repurchases. The total number of shares to be repurchased will be determined based on market conditions and other factors.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

			HAMILTON LANE INCORPORATED
Date: February 20, 2026
			By:			/s/ Lydia A. Gavalis
						Name:			Lydia A. Gavalis
						Title:			General Counsel and Secretary

FAQ

What did Hamilton Lane (HLNE) announce in its latest Form 8-K?

Hamilton Lane announced it has begun repurchasing Class A common stock under a previously authorized buyback program. The plan permits repurchases of up to 6% of originally outstanding Class A shares, with total purchases capped at $50 million based on market conditions.

How large is Hamilton Lane’s authorized stock repurchase program?

Hamilton Lane’s stock repurchase program authorizes buybacks of up to 6% of the outstanding Class A common stock as of the 2018 authorization date, not exceeding $50 million. This limit defines the maximum aggregate value the company may use for repurchases under the program.

When did Hamilton Lane begin repurchasing shares under this program?

Hamilton Lane began repurchasing its Class A common stock under the authorized program on February 20, 2026. Although the program dates back to 2018, the company had not executed any buybacks under it before this commencement date, leaving the full capacity available.

How will Hamilton Lane execute its share repurchases?

Hamilton Lane may execute share repurchases through open-market transactions or privately negotiated deals. The timing and amount of purchases will depend on market conditions and other considerations, allowing the company flexibility in how it uses the authorized buyback capacity over time.

Has Hamilton Lane previously used its stock repurchase authorization?

No, Hamilton Lane had not repurchased any Class A common stock under this authorization before starting on February 20, 2026. As a result, the entire capacity of up to 6% of originally outstanding shares, capped at $50 million, was available at commencement.

Does the Hamilton Lane buyback program have a fixed number of shares?

The program does not specify a fixed share count in this disclosure; it instead limits repurchases to 6% of the original Class A shares outstanding and an aggregate cap of $50 million. The actual number of shares repurchased will depend on prices and market conditions.

Filing Exhibits & Attachments

3 documents

Other Documents

• EX-101 XBRL TAXONOMY EXTENSION SCHEMA DOCUMENT 1.8 KB
• EX-101 XBRL TAXONOMY EXTENSION LABEL LINKBASE DOCUMENT 22.3 KB
• EX-101 XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE DOCUMENT 12.8 KB