Armbrister Jeffrey Brian 4

What Happened

• Jeffrey Brian Armbrister, Chief Financial Officer of Hamilton Lane (HLNE), delivered 590 shares of Class A common stock to the company on March 14, 2026 to satisfy withholding tax obligations related to the vesting of previously granted restricted stock. The shares were valued at $96.85 each, totaling approximately $57,142. This was a tax-withholding/surrender of shares—not an open-market sale or purchase.

Key Details

• Transaction date: March 14, 2026; Filing date: March 17, 2026 (Form 4 accession 0001433642-26-000012).
• Shares surrendered: 590 at $96.85 per share; total value ≈ $57,142.
• Nature of transaction: F (shares delivered to issuer to pay withholding taxes upon vesting).
• Shares owned after transaction: not specified in the provided summary of the filing.
• Relevant footnotes: F1 confirms shares were delivered to the issuer for payment of withholding taxes on vested restricted stock. Other footnotes in the filing (F2–F5) describe that the insider holds unvested restricted and performance stock with multi-year performance/vesting periods.
• Timeliness: Filing appears timely (no late filing flag indicated).

Context

• This is a routine tax-withholding event (often called a “share surrender” or cashless share withholding) and is generally administrative rather than a signal of the insider’s view on the stock. It reduces outstanding vested shares but does not reflect an open-market sale.