Hamilton Lane executive buys 110,932 shares
Hamilton Lane Inc. executive Hartley R. Rogers reported substantial open‑market share purchases.
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Form Type
4
Rhea-AI Filing Summary
Hamilton Lane Inc. executive Hartley R. Rogers reported substantial open‑market share purchases. On May 26–27, 2026, entities associated with Rogers and his direct account bought a net 110,932 shares of Class A common stock in open‑market transactions at prices around $89.99–$92.76 per share.
Some shares are held through limited liability companies and family trusts, where Rogers disclaims beneficial ownership beyond his economic interest. He also has an indirect position in Class B Units of HLA, which are exchangeable one‑for‑one into 6,510,922 shares of Class A common stock with a stated exercise price of $0.00 and no expiration date.
Insider Trade Summary
Net Buyer: 110,932 shares
Net Buy
8 txns
Insider
Rogers Hartley R.
Role
Executive Co-Chairman
Bought
110,932 shs ($9.99M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Common Stock | 466 | $92.76 | $43K |
| Purchase | Class A Common Stock | 466 | $92.69 | $43K |
| Purchase | Class A Common Stock | 47,025 | $89.99 | $4.23M |
| Purchase | Class A Common Stock | 47,025 | $89.99 | $4.23M |
| Purchase | Class A Common Stock | 7,975 | $90.43 | $721K |
| Purchase | Class A Common Stock | 7,975 | $90.43 | $721K |
| holding | Class B Units | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 55,466 shares (Direct);
Class A Common Stock — 55,466 shares (Indirect, By LLC);
Class B Units — 6,510,922 contracts (Indirect, See footnote);
Class B Common Stock — 6,510,922 shares (Indirect, See footnote)
Footnotes (8)
- F1. The price reported in Column 4 is a weighted average price. These shares of Class A common stock, $0.001 par value per share (the "Class A Common Stock") were purchased in multiple transactions at prices ranging from $89.33 to $90.32 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares of Class A Common Stock purchased at each separate price within the range set forth in this footnote.
- F2. These securities are owned directly by a limited liability company ("LLC") which is wholly owned by Reporting Person, Reporting Person 's spouse and three trusts for the benefit of Reporting Person 's children. Reporting Person's spouse serves as manager of the LLC and as trustee of the trusts. Reporting Person disclaims beneficial ownership over such securities except to the extent of his pecuniary interest therein.
- F3. The price reported in Column 4 is a weighted average price. These shares of Class A Common Stock were purchased in multiple transactions at prices ranging from $90.33 to $90.50 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares of Class A Common Stock purchased at each separate price within the range set forth in this footnote.
- F4. The price reported in Column 4 is a weighted average price. These shares of Class A Common Stock were purchased in multiple transactions at prices ranging from $92.76 to $93.00 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares of Class A Common Stock purchased at each separate price within the range set forth in this footnote.
- F5. The price reported in Column 4 is a weighted average price. These shares of Class A Common Stock were purchased in multiple transactions at prices ranging from $92.69 to $93.00 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares of Class A Common Stock purchased at each separate price within the range set forth in this footnote.
- F6. The Issuer Class B common stock does not carry economic value beyond the right to receive the par value of such stock upon liquidation, dissolution or exchange of those shares. However, the Class B common stock entitles its holder to ten votes per share on every matter submitted to the Issuer's stockholders for a vote.
- F7. These securities are owned directly by HLA Investments LLC ("HLAI"). The Reporting Person is the manager of HRHLA, LLC, the managing member of HLAI. Reporting Person disclaims beneficial ownership over such securities except to the extent of his pecuniary interest therein.
- F8. Pursuant to the exchange agreement entered into at the time of and in connection with a reorganization incident to the Issuer's initial public offering, the Class B Units of HLA are exchangeable, on a one-for-one basis, for shares of Class A common stock or, at the Issuer's election, for cash. Upon exchange of a Class B Unit, the corresponding share of Class B common stock will be redeemed at par value and cancelled. The Class B Units do not have an expiration date.
Key Figures
Net shares bought: 110,932 shares
Sample purchase price: $89.99 per share
Sample purchase price: $90.43 per share
+5 more
8 metrics
Net shares bought
110,932 shares
Net open‑market purchases of Class A common stock reported in this filing
Sample purchase price
$89.99 per share
One reported weighted average price for Class A purchases on May 26, 2026
Sample purchase price
$90.43 per share
Another reported weighted average price for Class A purchases on May 26, 2026
Sample purchase price
$92.69 per share
Reported transaction price for Class A purchases on May 27, 2026
Sample purchase price
$92.76 per share
Reported transaction price for additional Class A purchases on May 27, 2026
Indirect Class A holding
55,466 shares
Total Class A shares following one indirect transaction entry marked “By LLC”
Class B Units underlying
6,510,922 shares
Underlying Class A shares for Class B Units of HLA held indirectly
Class B Units exercise price
$0.00
Stated exercise price for exchanges of Class B Units into Class A stock
Key Terms
weighted average price, pecuniary interest, Class B Units, exchange agreement, +1 more
5 terms
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
pecuniary interest financial
"Reporting Person disclaims beneficial ownership over such securities except to the extent of his pecuniary interest therein."
Class B Units financial
"The Class B Units of HLA are exchangeable, on a one-for-one basis, for shares of Class A common stock or, at the Issuer's election, for cash."
exchange agreement regulatory
"Pursuant to the exchange agreement entered into at the time of and in connection with a reorganization incident to the Issuer's initial public offering..."
A written deal in which two parties agree to swap assets, securities or obligations under set terms—think of it as a formal swap or trade contract. For investors it matters because such agreements can change who owns what, alter a company’s capital structure, affect future cash flows or dilute existing shares, and therefore influence value and risk in a straightforward, contract-driven way.
par value financial
"Upon exchange of a Class B Unit, the corresponding share of Class B common stock will be redeemed at par value and cancelled."
Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Hamilton Lane (HLNE) report for Hartley R. Rogers?
Hamilton Lane reported that Hartley R. Rogers engaged in open‑market purchases totaling 110,932 shares of Class A common stock. The trades occurred on May 26–27, 2026, through both his direct holdings and affiliated LLC structures.
What indirect holdings in Hamilton Lane (HLNE) does Hartley R. Rogers have through LLCs and trusts?
Certain Class A shares are owned by limited liability companies and trusts involving Rogers, his spouse, and children. Footnotes state his spouse manages these entities and that Rogers disclaims beneficial ownership except for his pecuniary interest in the securities.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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