Hamilton Lane INC·4

Mar 17, 7:02 PM ET

Kramer Andrea Anigati 4

4 · Hamilton Lane INC · Filed Mar 17, 2026

Research Summary

AI-generated summary of this filing

Updated

Hamilton Lane (HLNE) COO Andrea Anigati Sells 1,212 Shares

What Happened

  • Andrea Anigati Kramer, Chief Operating Officer of Hamilton Lane (HLNE), delivered 1,212 shares to the company on 2026-03-14 to satisfy tax withholding obligations tied to previously vested restricted stock awards. The shares were valued at $96.85 each for a total of $117,382. This was a share surrender for tax withholding (code F), not an open-market sale.

Key Details

  • Transaction date: 2026-03-14; Filing date: 2026-03-17 (appears timely).
  • Price per share: $96.85; Shares surrendered: 1,212; Total value: $117,382.
  • Shares owned after transaction: not specified in the provided excerpt (see full Form 4 for post-transaction holdings).
  • Relevant footnotes: F1 indicates shares were delivered to the issuer to pay withholding taxes on vested restricted stock awards. Other footnotes describe unvested awards, trust ownership (F3), and voting/economic distinctions of share classes (F2–F9).
  • Transaction type: F = tax withholding / share surrender (cashless-type disposition).

Context

  • This was a routine tax-withholding transaction following vesting of restricted shares, commonly handled by delivering shares to the issuer and not necessarily a signal of personal investing conviction. The filing notes Ms. Anigati Kramer is also part of a group that beneficially owns more than 10% of the issuer's Class A common stock.

Insider Transaction Report

Form 4
Period: 2026-03-14
Kramer Andrea Anigati
Chief Operating Officer10% Owner
Transactions
  • Tax Payment

    Class A Common Stock

    [F1][F2]
    2026-03-14$96.85/sh1,212$117,38264,549 total
Holdings
  • Class A Common Stock

    [F3]
    (indirect: See footnote.)
    17,913
  • Class B Common Stock

    [F4]
    135,970
  • Performance Stock

    [F5]
    Class A Common Stock (5,435 underlying)
    5,435
  • Performance Stock

    [F6]
    Class A Common Stock (2,033 underlying)
    2,033
  • Performance Stock

    [F7]
    Class A Common Stock (13,044 underlying)
    13,044
  • Class B Units

    [F8][F9]
    (indirect: See footnote)
    Class A Common Stock (135,970 underlying)
    135,970
  • Class C Units

    [F8][F9]
    (indirect: See footnote)
    Class A Common Stock (195,317 underlying)
    195,317
Footnotes (9)
  • [F1]Shares delivered to the Issuer for the payment of withholding taxes due upon the vesting of previously granted restricted stock awards.
  • [F2]Includes unvested restricted stock granted under the Issuer's 2017 Equity Incentive Plan.
  • [F3]The securities reported in this row are owned by The Andrea Anigati IRA Equity Trust Company, d.b.a. Sterling Trust, Custodian FBO Andrea Anigati IRA. Ms. Anigati Kramer serves as the trustee of this trust.
  • [F4]The 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]Each share of performance stock represents a contingent right to receive one share of Class A common stock. The performance stock vests upon the Issuer's Class A common stock achieving a specified price per share. The performance period of the performance stock ends on September 16, 2031.
  • [F6]Each share of performance stock represents a contingent right to receive one share of Class A common stock of the Issuer. The performance stock vests at the end of the performance period if the Issuer's Class A common stock achieves a specified growth rate of TSR over the performance period. The performance period of the performance stock ends on September 16, 2030.
  • [F7]Each share of performance stock represents a contingent right to receive one share of Class A common stock. The performance stock vests upon the Issuer's Class A common stock achieving a specified price per share. The performance period of the performance stock ends on September 16, 2029.
  • [F8]Pursuant to an Exchange Agreement entered into in connection with a reorganization incident to the Issuer's initial public offering, the Class B Units and Class C Units of Hamilton Lane Advisors, L.L.C. ("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 and Class C Units of HLA do not have an expiration date.
  • [F9]Held on behalf of the reporting person by HL Management Investors, LLC.
Signature
/s/ Lauren Platko, attorney-in-fact|2026-03-17

Documents

1 file
  • 4
    wk-form4_1773788573.xmlPrimary

    FORM 4