Hercules Capital (NYSE: HTGC) CLO has 1,974 shares withheld for taxes

Rhea-AI Filing Summary

Hercules Capital, Inc. officer Kiersten Zaza Botelho, Chief Legal Officer & CCO, reported two tax-withholding dispositions of common stock on July 9, 2026. A total of 1,974 shares were withheld at $15.69 per share to cover taxes on vesting restricted stock, with substantial share ownership reported remaining afterward.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Botelho Kiersten Zaza

Role Chief Legal Officer & CCO

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	956	$15.69	$15K
Tax Withholding	Common Stock	1,018	$15.69	$16K

Holdings After Transaction: Common Stock — 90,406 shares (Direct)

Footnotes (1)

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Key Figures

Tax-withheld shares total: 1,974 shares First tax-withholding lot: 1,018 shares Second tax-withholding lot: 956 shares +3 more

6 metrics

Tax-withheld shares total 1,974 shares Total common shares withheld for taxes on July 9, 2026

First tax-withholding lot 1,018 shares Common stock withheld in first F-code transaction on July 9, 2026

Second tax-withholding lot 956 shares Common stock withheld in second F-code transaction on July 9, 2026

Price per share $15.69 Valuation used for both tax-withholding dispositions

Shares following first transaction 89,388 shares Direct common stock holdings reported after first F-code entry

Shares following second transaction 90,406 shares Direct common stock holdings reported after second F-code entry

Key Terms

tax-withholding disposition, restricted stock, Chief Legal Officer & CCO

3 terms

tax-withholding disposition financial

"reported two tax-withholding dispositions of common stock on July 9, 2026"

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

restricted stock financial

"vesting of restricted stock on July 9, 2026"

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.

Chief Legal Officer & CCO financial

"Kiersten Zaza Botelho, Chief Legal Officer & CCO"

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/13/2026 - 02:36 PM Accepted by SEC EDGAR 07/13/2026 - 02:36 PM Learn about SEC filing dates

FAQ

What did Hercules Capital (HTGC) insider Kiersten Zaza Botelho report in this Form 4?

Kiersten Zaza Botelho reported two tax-withholding dispositions of Hercules Capital common stock. In total, 1,974 shares were withheld to satisfy taxes related to restricted stock vesting on July 9, 2026.

How many Hercules Capital (HTGC) shares were involved in the tax withholding?

The filing shows 1,974 shares of Hercules Capital common stock withheld for taxes. This consists of 1,018 shares and 956 shares in two separate transactions on July 9, 2026.

At what price were the Hercules Capital (HTGC) shares valued for the tax-withholding transactions?

Both tax-withholding dispositions were valued at $15.69 per share. This price was used to calculate the value of the 1,974 shares withheld to pay taxes on the vesting restricted stock.

Were these Hercules Capital (HTGC) transactions open-market sales?

No. The Form 4 describes the transactions as tax-withholding dispositions under code F, meaning shares were withheld by the issuer to cover tax liabilities rather than sold in the open market.

What were Kiersten Zaza Botelho’s reported Hercules Capital (HTGC) holdings after the transactions?

Following the reported tax-withholding transactions, Botelho’s holdings were reported as 89,388 shares and 90,406 shares of common stock after the respective entries, indicating she continued to hold a significant direct position.

What triggered the tax-withholding dispositions for Hercules Capital (HTGC) shares?

According to the footnote, the shares represent stock withheld to pay taxes applicable to the vesting of restricted stock on July 9, 2026, rather than discretionary buying or selling activity.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Botelho Kiersten Zaza

(Last) (First) (Middle)

C/O HERCULES CAPITAL, INC.

31 ST. JAMES AVENUE, SUITE 1005

(Street)

BOSTON MASSACHUSETTS 02116

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Hercules Capital, Inc. [ HTGC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Legal Officer & CCO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/09/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	07/09/2026		F		956(1)	D	$15.69	90,406	D
Common Stock	07/09/2026		F		1,018(1)	D	$15.69	89,388	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents shares of common stock withheld to pay taxes applicable to the vesting of restricted stock on July 9, 2026.

Remarks:

	Kiersten Zaza Botelho	07/13/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)