Hercules Capital (NYSE: HTGC) director takes stock fees, lifts holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hercules Capital, Inc. director DeAnne Aguirre acquired common stock by electing to receive shares instead of a cash director fee. She obtained 7,317 shares at an average price of $14.35 per share, with actual purchase prices ranging from $14.31 to $14.39.
Following this compensation-related acquisition, she directly holds 10,749 shares of common stock. In addition, 20,086 shares are held indirectly by the Aguirre Family 2004 Trust. The filing notes that the share count includes stock acquired through Hercules Capital’s dividend reinvestment plan under Rule 16a-11.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 7,317 shares ($104,999)
Net Buy
2 txns
Insider
Aguirre DeAnne
Role
Director
Bought
7,317 shs ($105K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 7,317 | $14.35 | $105K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 10,749 shares (Direct);
Common Stock — 20,086 shares (Indirect, By Trust)
Footnotes (1)
- Shares purchased based on reporting person's election to receive stock in lieu of cash compensation fee otherwise due to reporting person as a director of the Issuer. Average purchase price. Shares purchased at prices between $14.31 and $14.39. The number of shares includes shares acquired pursuant to the Hercules Capital, Inc. dividend reinvestment plan, exempt under Rule 16a-11. Held by the Aguirre Family 2004 Trust.
Key Figures
Shares acquired: 7,317 shares
Average purchase price: $14.35/share
Purchase price range: $14.31–$14.39/share
+2 more
5 metrics
Shares acquired
7,317 shares
Open-market purchase coded as compensation on 2026-03-26
Average purchase price
$14.35/share
Common stock acquisition on 2026-03-26
Purchase price range
$14.31–$14.39/share
Prices disclosed in Form 4 footnote
Direct holdings after transaction
10,749 shares
Common stock directly owned following acquisition
Indirect holdings by trust
20,086 shares
Held by the Aguirre Family 2004 Trust
Key Terms
open-market purchase, dividend reinvestment plan, Rule 16a-11, indirect ownership, +1 more
5 terms
open-market purchase financial
"transaction_action": "open-market purchase""
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
dividend reinvestment plan financial
"includes shares acquired pursuant to the Hercules Capital, Inc. dividend reinvestment plan"
A dividend reinvestment plan lets shareholders automatically use cash dividends to buy more shares of the same company instead of receiving the money. It matters to investors because it turns regular payouts into a steady way to grow ownership and take advantage of compound returns—like having your savings automatically buy additional slices of a pie over time—while often reducing transaction costs and smoothing purchase timing.
Rule 16a-11 regulatory
"dividend reinvestment plan, exempt under Rule 16a-11"
indirect ownership financial
""direct_or_indirect": "I", "nature_of_ownership": "By Trust""
beneficial ownership financial
"indirectly by the Aguirre Family 2004 Trust"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
FAQ
What did Hercules Capital (HTGC) director DeAnne Aguirre report on this Form 4?
Director DeAnne Aguirre reported acquiring Hercules Capital common stock as compensation. She elected to receive shares instead of a cash director fee, resulting in additional direct and indirect ownership of the company’s stock disclosed in this insider trading report.
What is the role of the Aguirre Family 2004 Trust in Hercules Capital (HTGC) holdings?
The Aguirre Family 2004 Trust holds 20,086 Hercules Capital shares as an indirect ownership position. The Form 4 notes these shares are “Held by the Aguirre Family 2004 Trust,” indicating they are attributed to DeAnne Aguirre as indirect beneficial ownership.
How does the dividend reinvestment plan affect DeAnne Aguirre’s Hercules Capital (HTGC) share count?
The reported share totals include stock acquired through Hercules Capital’s dividend reinvestment plan. A footnote explains these reinvested dividends are exempt under Rule 16a-11, but they are still counted in her overall disclosed share ownership.