Hamilton Lane (NASDAQ: HLNE) exec buys 38,290 Class A shares
Rhea-AI Filing Summary
Hamilton Lane Inc. Executive Co-Chairman Hartley R. Rogers reported open-market purchases of the company’s Class A common stock. On June 11, 2026, he bought a total of 38,290 Class A shares in two transactions at weighted average prices of about $77.86 and $78.73 per share, within disclosed intraday ranges. Following these trades, he also continues to have a substantial indirect interest through Class B Units exchangeable on a one-for-one basis into Class A common stock, representing 6,510,922 underlying shares. Some of these indirect holdings are owned through LLCs and family trusts, where he disclaims beneficial ownership except for his pecuniary interest, and the Class B common stock carries ten votes per share but minimal economic value.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 38,290 shares
Net Buy
5 txns
Insider
Rogers Hartley R.
Role
Executive Co-Chairman
Bought
38,290 shs ($3.01M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Common Stock | 10,612 | $77.86 | $826K |
| Purchase | Class A Common Stock | 27,678 | $78.73 | $2.18M |
| holding | Class B Units | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 93,756 shares (Direct);
Class B Units — 6,510,922 shares (Indirect, See footnote);
Class A Common Stock — 55,466 shares (Indirect, By LLC);
Class B Common Stock — 6,510,922 shares (Indirect, See footnote)
Footnotes (6)
- 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 $77.54 to $78.45 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. 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 $78.55 to $79.13 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.
- F3. 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.
- F4. 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.
- F5. 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.
- F6. 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
Total shares purchased: 38,290 shares
Purchase price (lot 1): $77.86 per share
Purchase price (lot 2): $78.73 per share
+3 more
6 metrics
Total shares purchased
38,290 shares
Class A common stock bought on June 11, 2026
Purchase price (lot 1)
$77.86 per share
Weighted average price for 10,612 Class A shares
Purchase price (lot 2)
$78.73 per share
Weighted average price for 27,678 Class A shares
Indirect underlying shares
6,510,922 shares
Class A shares underlying Class B Units held indirectly
Price range (lot 1)
$77.54–$78.45
Multiple trades for first weighted-average purchase
Price range (lot 2)
$78.55–$79.13
Multiple trades for second weighted-average purchase
Key Terms
weighted average price, Class B Units, exchange agreement, beneficial ownership, +2 more
6 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.
Class B Units financial
"the Class B Units of HLA are exchangeable, on a one-for-one basis"
exchange agreement financial
"Pursuant to the exchange agreement entered into at the time of and in connection with a reorganization"
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.
beneficial ownership financial
"Reporting Person disclaims beneficial ownership over such securities except to the extent of his pecuniary interest"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"except to the extent of his pecuniary interest therein"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did Hartley R. Rogers report for Hamilton Lane (HLNE)?
Hartley R. Rogers reported buying 38,290 shares of Hamilton Lane Class A common stock in open-market transactions on June 11, 2026. These were disclosed as two separate purchases at weighted average prices with specified trading ranges.
What indirect holdings in Hamilton Lane (HLNE) are associated with Hartley R. Rogers?
He is associated with indirect holdings of Class B Units that are exchangeable into 6,510,922 shares of Class A common stock. Some securities are held through LLCs and family trusts, where he disclaims beneficial ownership beyond his pecuniary interest.
Do Hamilton Lane (HLNE) Class B Units held by Hartley R. Rogers have an expiration date?
The Class B Units associated with Hartley R. Rogers are exchangeable one-for-one into Class A common stock or cash, at the issuer’s election. A footnote states explicitly that these Class B Units do not have an expiration date.