Welcome to our dedicated page for Hercules Capital SEC filings (Ticker: HCXY), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Hercules Capital, Inc. 6.25% Notes due 2033 (NYSE: HCXY) SEC filings page aggregates regulatory documents that reference these exchange-listed notes and their issuer, Hercules Capital, Inc. HCXY is identified in Hercules Capital’s Form 8-K as 6.25% Notes due 2033 registered under Section 12(b) of the Securities Exchange Act of 1934 and listed on the New York Stock Exchange. Filings that mention HCXY typically appear alongside disclosures about the company’s common stock (HTGC).
Through this page, users can access current reports on Form 8-K where Hercules Capital furnishes quarterly earnings press releases and announces board-approved cash distributions on its common stock. These filings confirm the continued registration and listing of HCXY and provide context on the issuer’s financial results, leverage levels, liquidity and distribution policy, all of which are relevant to assessing the credit profile behind the 6.25% Notes due 2033.
In addition to 8-Ks, investors may review other SEC filings for Hercules Capital, such as annual and quarterly reports when available, to understand the company’s business as a specialty finance provider of senior secured venture growth loans and its use of unsecured debt, including HCXY, within a diversified funding mix. Rating agency commentary cited by Hercules Capital notes that a high proportion of unsecured debt to total debt outstanding supports protection for noteholders, making those disclosures particularly pertinent for HCXY analysis.
Stock Titan enhances this filings page with AI-powered summaries that explain the key points of lengthy SEC documents in plain language. Users can quickly identify how a filing references the 6.25% Notes due 2033, what it reveals about Hercules Capital’s capital structure and operating performance, and how new information may affect perceptions of the issuer’s ability to service HCXY over the life of the notes.
Hercules Capital reported a record first quarter for 2026, combining strong growth with higher shareholder payouts. Total investment income reached $141.5 million, up 18.4% year-over-year, while net investment income rose to $88.1 million, or $0.48 per share, a 13.8% increase.
The Board declared a total Q1 2026 cash distribution of $0.47 per share, made up of a $0.40 base distribution and a $0.07 supplemental distribution, with NII per share providing 120% coverage of the base amount. Net asset value stood at $11.90 per share as of March 31, 2026, and return on average equity was 16.9%.
This 10-Q segment outlines a highly diversified investment portfolio concentrated in private growth companies. Most holdings are debt investments, primarily senior secured loans across industries such as application software, drug discovery and development, healthcare services, system software, space technologies, and sustainable and renewable technology. Many loans use floating rates tied to SOFR or Prime, with contractual floor rates, and often include features like PIK (payment-in-kind) interest and exit fees.
The portfolio also includes convertible debt, unsecured notes, equity positions in common and preferred shares, and a large set of warrants in many of the same borrowers. Additional exposure comes through investment funds and a government money market fund in cash equivalents, as well as foreign currency forward contracts in Great British pounds with Goldman Sachs Bank USA.
Hercules Capital, Inc. is reshaping its executive team to support its next phase of growth. Effective May 18, 2026, longtime Chief Financial Officer Seth Meyer will become President, focusing on scaling, diversification and expansion of the Hercules lending and asset-management platform.
Andrew Olson, a veteran finance executive with prior experience at Hercules and several alternative asset managers, will become Chief Financial Officer and Head of Corporate Development, serving as principal financial and accounting officer. The company highlights Olson’s background in private credit, venture markets and fund management as support for its growth strategy.
Hercules Capital, Inc. is asking stockholders to vote at its virtual 2026 annual meeting on June 18, 2026. The proxy covers electing one independent director, advisory votes on named executive officer pay and its frequency, amendments and restatements of the 2018 equity and non-employee director plans, and ratification of PricewaterhouseCoopers LLP as auditor for 2026.
The company, a business development company focused on senior secured loans to venture-backed technology and life sciences firms, highlights strong multi-year performance versus a peer group on return on average assets, return on equity and shareholder return. The filing explains director qualifications, board and committee structure, corporate governance practices, stock ownership guidelines, and a clawback policy. It also details how executive pay mixes salary, annual cash bonuses and long-term equity awards tied to company and individual performance.
Hercules Capital, Inc. Chief Legal Officer & CCO Kiersten Zaza Botelho reported routine tax-related share dispositions connected to vesting of restricted stock. On April 9, shares of common stock totaling 1,974 were withheld by the company to cover applicable taxes at a reference price of $14.74 per share. After these withholding transactions, she directly holds 91,362 shares of Hercules Capital common stock.
Hercules Capital, Inc. Chief Operating Officer Christian Follmann reported routine share dispositions related to tax withholding on vested equity. On April 9, 2026, a total of 2,798 shares of common stock were withheld at $14.74 per share to cover taxes on restricted stock vesting.
After these tax-withholding dispositions, Follmann held 148,770 shares of Hercules Capital common stock directly. He also reported indirect ownership of 350 additional shares held by his spouse. The filing reflects compensation-related tax settlements rather than open-market stock sales.
Hercules Capital, Inc. Chief Financial Officer Seth H. Meyer reported routine share withholdings tied to equity compensation. On April 9, 2026, a total of 6,469 shares of common stock were withheld as a tax-withholding disposition at $14.74 per share to cover taxes on vesting restricted stock. Following these non‑market transactions, Meyer directly holds 442,079 shares of Hercules Capital common stock.
Hercules Capital, Inc. Chief Executive Officer Scott Bluestein reported routine tax-related share withholdings tied to restricted stock vesting. On April 9, 2026, a total of 20,393 shares of common stock were withheld at $14.74 per share to cover applicable taxes. After these transactions, he directly holds 2,495,986 shares of Hercules Capital common stock.
BADAVAS ROBERT P reported open-market purchase transactions in this Form 4 filing.
Hercules Capital director Robert P. Badavas acquired 3,658 shares of common stock at an average price of $14.35 per share. The shares were taken as stock in lieu of a cash director compensation fee. Following this transaction, he holds 5,070 shares directly and 122,073 shares indirectly through the Robert P. Badavas Trust of 2007.
Hercules Capital director Wade Loo acquired 7,317 shares of common stock through an open-market purchase, electing to receive stock in lieu of a director cash compensation fee at an average price of $14.35 per share. After this transaction, he holds 14,050 shares directly, including shares acquired through the company’s dividend reinvestment plan, and 32,767 shares indirectly through the Loo Revocable Trust.