Hamilton Lane (NASDAQ: HLNE) awards Co-CEO 38,087 restricted shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Delgado-Moreira Juan reported acquisition or exercise transactions in this Form 4 filing.
Hamilton Lane Inc. reported that Co-Chief Executive Officer Juan Delgado-Moreira received an equity compensation award of 38,087 shares of Class A common stock at no cost under the company’s 2017 Equity Incentive Plan. According to the footnotes, this consists of 8,087 restricted shares as part of his 2026 annual bonus and 30,000 restricted shares as part of a previously announced annual share award. These restricted shares vest in four equal annual installments starting on May 29, 2027. After this award, he directly holds 1,376,134 Class A shares, including unvested restricted stock. The filing also notes 544,000 shares of performance stock outstanding, each representing a contingent right to one Class A share, with vesting tied to the stock reaching specified price levels before the performance period ends on September 16, 2031.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Delgado-Moreira Juan
Role
Co-Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 38,087 | $0.00 | -- |
| holding | Performance Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 1,376,134 shares (Direct, null);
Performance Stock — 544,000 shares (Direct, null)
Footnotes (1)
- Class A common stock, $0.001 par value per share (the "Class A Shares") issued to the reporting person pursuant to awards of restricted stock under the Issuer's 2017 Equity Incentive Plan. The awards included 8,087 restricted Class A Shares as part of the reporting person's 2026 annual bonus and 30,000 restricted Class A Shares as part of a previously announced annual share award to the reporting person. The awards vest in four equal annual installments commencing on May 29, 2027. Includes unvested restricted stock granted under the Issuer's 2017 Equity Incentive Plan. Each share of performance stock represents a contingent right to receive one Class A Share. The performance stock vests upon the Issuer's Class A Shares achieving a specified price per share. The performance period of the performance stock ends on September 16, 2031.
Key Figures
Restricted stock grant: 38,087 shares
Bonus-related restricted shares: 8,087 shares
Annual share award component: 30,000 shares
+4 more
7 metrics
Restricted stock grant
38,087 shares
Class A common stock awarded at $0.0000 per share
Bonus-related restricted shares
8,087 shares
Part of 2026 annual bonus in Class A shares
Annual share award component
30,000 shares
Previously announced annual share award
Post-award Class A holdings
1,376,134 shares
Direct Class A common stock, including unvested restricted stock
Performance stock underlying shares
544,000 shares
Each unit represents a contingent right to one Class A share
Restricted stock vesting start
May 29, 2027
Four equal annual installments from this date
Performance period end
September 16, 2031
End of performance period for performance stock
Key Terms
restricted stock, 2017 Equity Incentive Plan, performance stock, contingent right, +1 more
5 terms
restricted stock financial
"awards of restricted stock under the Issuer's 2017 Equity Incentive Plan"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
2017 Equity Incentive Plan financial
"issued to the reporting person pursuant to awards of restricted stock under the Issuer's 2017 Equity Incentive Plan"
performance stock financial
"Each share of performance stock represents a contingent right to receive one Class A Share."
contingent right financial
"represents a contingent right to receive one Class A Share."
performance period financial
"The performance period of the performance stock ends on September 16, 2031."
The performance period is the specific time span over which an investment’s results, an employee’s targets, or a fund’s returns are measured and judged. It matters to investors because the length and start/end of that window determine which gains or losses count toward performance fees, bonus payouts, or benchmark comparisons—much like timing a race decides who wins, the chosen period can change whether results look strong or weak.
FAQ
What did Hamilton Lane (HLNE) disclose about Juan Delgado-Moreira in this Form 4?
Hamilton Lane reported that Co-CEO Juan Delgado-Moreira received 38,087 Class A shares as equity compensation. The award was granted at no cost under the 2017 Equity Incentive Plan and increases his direct holdings to 1,376,134 Class A shares, including unvested restricted stock.
What is the performance stock position reported for Hamilton Lane’s Co-CEO?
The filing shows 544,000 shares of performance stock, each representing a contingent right to receive one Class A share. These units vest only if Hamilton Lane’s Class A shares reach specified price targets before the performance period ends on September 16, 2031, creating performance-based upside.