Hamilton Lane director buys 15,000 HLNE shares
Hamilton Lane Inc. director David J. Berkman reported an open-market purchase of Class A Common Stock.
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Form Type
4
Rhea-AI Filing Summary
Hamilton Lane Inc. director David J. Berkman reported an open-market purchase of Class A Common Stock. On June 11, 2026, an entity described as The 2006 Berkman Trust for David J. Berkman Family bought 15,000 shares at a weighted average price of $76.27 per share in multiple trades between $75.99 and $76.40. Following the transaction, the filing shows 25,000 shares of Class A Common Stock held indirectly by the trust and a separate line indicating 25,000 shares held directly.
Insider Trade Summary
Net Buyer: 15,000 shares
Net Buy
2 txns
Insider
BERKMAN DAVID J
Role
Director
Bought
15,000 shs ($1.14M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Common Stock | 15,000 | $76.27 | $1.14M |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 25,000 shares (Indirect, By: The 2006 Berkman Trust for David J. Berkman Family);
Class A Common Stock — 25,000 shares (Direct)
Footnotes (1)
- 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 $75.99 to $76.40 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
Key Figures
Shares purchased: 15,000 shares
Weighted average price: $76.27 per share
Purchase price range: $75.99–$76.40 per share
+3 more
6 metrics
Shares purchased
15,000 shares
Class A Common Stock bought on June 11, 2026
Weighted average price
$76.27 per share
Price for 15,000-share open-market purchase
Purchase price range
$75.99–$76.40 per share
Range of multiple trades on June 11, 2026
Indirect holdings after trade
25,000 shares
Held by The 2006 Berkman Trust for David J. Berkman Family
Direct holdings reported
25,000 shares
Class A Common Stock held directly by David J. Berkman
Net buy shares
15,000 shares
Net share change across reported transactions
Key Terms
open-market purchase, Class A Common Stock, weighted average price, indirect ownership, +1 more
5 terms
open-market purchase financial
"transaction_action: "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.
Class A Common Stock financial
"security_title: "Class A Common Stock""
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
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.
indirect ownership financial
"ownership_type: "indirect" for shares held by the 2006 Berkman Trust"
trust financial
"By: The 2006 Berkman Trust for David J. Berkman Family"
A trust is a legal setup in which one party (the trustee) holds and manages assets—like cash, stocks or property—on behalf of other people (beneficiaries) according to instructions from the person who created it (the grantor). Think of it as a locked box with a keyholder who must follow written rules; for investors it matters because trusts influence who controls and benefits from assets, affect taxes and succession, and can change how quickly or transparently shares are bought, sold or voted.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Hamilton Lane (HLNE) director David J. Berkman report?
Hamilton Lane director David J. Berkman reported an open-market purchase of Class A Common Stock. On June 11, 2026, an affiliated trust bought 15,000 shares, and the filing reflects both indirect trust holdings and a separate block of directly owned shares.
What direct holdings does David J. Berkman report in Hamilton Lane (HLNE) stock?
In addition to the trust position, the Form 4 includes a holding entry showing 25,000 shares of Hamilton Lane Class A Common Stock owned directly. This line is reported separately from the indirect holdings attributed to The 2006 Berkman Trust for David J. Berkman Family.
Was David J. Berkman’s Hamilton Lane (HLNE) trade a derivative or equity transaction?
The reported transaction is a non-derivative equity transaction in Class A Common Stock. There are no derivative exercises or option conversions listed, and the derivative position summary is empty, indicating no derivative security activity in this particular Form 4 filing.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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