Gayle A. Crowell - 08 May 2025 Form 4 Insider Report for Hercules Capital, Inc. (HTGC)

Role: Director
Signature: /s/ /Eileen Bagarella, Attorney-in-Fact for Gayle Crowell
Issuer symbol: HTGC
Transactions as of: 08 May 2025
Net transactions value: +$104,923
Form type: 4
Filing time: 09 May 2025, 16:21:45 UTC
Previous filing: 25 Nov 2024
Next filing: 09 Jun 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
CROWELL GAYLE A	Director	C/O HERCULES CAPITAL, INC., 1 NORTH B STREET, SUITE 2000, SAN MATEO	/s/ /Eileen Bagarella, Attorney-in-Fact for Gayle Crowell	09 May 2025	0001250893

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HTGC	Common Stock	Purchase	$104,923	+5,999	+9.5%	$17.49	69,344	08 May 2025	Direct	F1, F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	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.
F2	Average purchase price. Shares purchased at prices between $17.38 and $17.58.
F3	Includes 1,360, 1,343 and 1,276 dividend reinvestment shares acquired on August 20, 2024, November 20, 2024 and March 5, 2025, respectively.