Hamilton Lane INC (HLNE) SEC Filings, Feb-Mar 2026

Hamilton Lane Inc. Chief Accounting Officer Carl Drew Thomas reported routine share movements tied to compensation and tax withholding. He acquired 46 shares of Class A common stock on December 31, 2025 through the company’s Employee Share Purchase Plan, a transaction exempt under Rule 16b-3(d). On March 14, 2026, 85 shares of Class A common were delivered back to the company to cover withholding taxes due upon the vesting of previously granted restricted stock awards, reducing his direct holdings to 1,178 shares. He also holds performance stock representing a contingent right to receive 1,356 shares of Class A common stock, which will vest only if the stock achieves a specified total shareholder return growth rate over a performance period ending on September 16, 2030.

Hamilton Lane Inc. General Counsel & Secretary Lydia Gavalis reported a routine tax-related share disposition. She delivered 549 shares of Class A common stock to the company at $96.85 per share to cover withholding taxes on previously vested restricted stock awards. After this transaction, she directly holds 32,889 Class A shares.

She also holds performance stock awards that each represent a contingent right to one share of Class A common stock. One grant covers 1,356 underlying shares with a performance period ending on September 16, 2030, tied to a specified growth rate of total shareholder return. Another covers 6,522 underlying shares with a performance period ending on September 16, 2029, tied to achieving a specified share price.

Hamilton Lane Inc. director David J. Berkman reported an indirect open-market purchase of Class A Common Stock. A family trust named The 2006 Berkman Trust for David J. Berkman Family bought 10,000 shares at $101 per share, resulting in indirect ownership of 10,000 shares. Separately, Berkman is shown with 25,000 shares of Class A Common Stock held directly after the reported transactions.

Hamilton Lane Inc. director and Co-CEO Erik R. Hirsch purchased 9,225 shares of Class A common stock in an open-market transaction at a weighted average price of $107.1285 per share on February 20, 2026. Following this purchase, he directly holds 70,494 Class A shares, which include unvested restricted stock granted under the 2017 Equity Incentive Plan. He also has 544,000 shares of performance stock, each representing a contingent right to one Class A share that vests only if the stock reaches specified price targets before September 16, 2031.

Separately, 809,781 Class B Units of Hamilton Lane Advisors, L.L.C. are held on his behalf by HL Management Investors, LLC; each unit is exchangeable on a one-for-one basis for Class A common stock or, at the issuer’s election, cash, and has no expiration date. A corresponding 809,781 shares of Class B common stock, which carry ten votes per share but limited economic value, remain outstanding in connection with these units.

Hamilton Lane Inc. Co-CEO Juan Delgado-Moreira bought additional shares of the company’s stock. On Class A common stock, he made two open-market purchases totaling 9,225 shares at weighted average prices of $107.1024 and $107.5798 per share, increasing his direct holdings to 1,338,047 Class A shares. He also holds 544,000 shares of performance stock, each representing a contingent right to one Class A share that vests only if the stock reaches specified price targets before the performance period ends on September 16, 2031.

Hamilton Lane Inc. COO Andrea Anigati Kramer reported an open-market purchase of 2,325 shares of Class A common stock at a weighted average price of $107.5318 per share on February 20, 2026, acquired through the company’s Employee Share Purchase Plan. After this trade, her directly held Class A common stock increased to 65,761 shares. She also previously received two equity awards of 46 Class A shares each on September 30, 2025 and December 31, 2025. The filing notes additional holdings of performance stock that may convert into Class A shares if total shareholder return or share-price targets are met, with performance periods ending in 2029, 2030, and 2031, as well as Class B and Class C units that are exchangeable on a one-for-one basis into Class A common stock or cash pursuant to an exchange agreement.

Hamilton Lane Inc. Executive Co-Chairman and 10% owner Mario L. Giannini purchased 9,225 shares of Class A common stock in open-market transactions at a weighted average price of $107.3182 per share. Following this purchase, his direct Class A holdings total 105,723 shares.

The filing also updates indirect holdings of 1,312,331 Class B units and corresponding Class B common shares, which provide enhanced voting rights and, under an exchange agreement, are exchangeable on a one-for-one basis into Class A common stock or cash at the issuer’s election.

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.

Hamilton Lane Inc. Co-CEO Juan Delgado-Moreira reported an internal transfer of Class A common stock involving a trust. On February 6, 2026, a trust holding shares for his benefit transferred a gift of 14,375 Class A shares to him. After this gift, he directly beneficially owns 1,328,822 Class A shares, which includes unvested restricted stock granted under the 2017 Equity Incentive Plan. He also directly holds 544,000 shares of performance stock, each representing a contingent right to receive one Class A share if a specified share price is achieved before the performance period ends on September 16, 2031.