Andrea Anigati Kramer - 20 Feb 2026 Form 4 Insider Report for Hamilton Lane INC (HLNE)

Signature
/s/ Lauren Platko, attorney-in-fact
Issuer symbol
HLNE
Transactions as of
20 Feb 2026
Net transactions value
+$260,533
Form type
4
Filing time
24 Feb 2026, 16:06:42 UTC
Previous filing
18 Sep 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Kramer Andrea Anigati Chief Operating Officer, 10%+ Owner C/O HAMILTON LANE INCORPORATED, 110 WASHINGTON STREET, SUITE 1300, CONSHOHOCKEN /s/ Lauren Platko, attorney-in-fact 24 Feb 2026 0001698324

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HLNE Class A Common Stock Award $5,270 +46 +0.07% $114.57 63,390 30 Sep 2025 Direct F1, F2
transaction HLNE Class A Common Stock Award $5,251 +46 +0.07% $114.16 63,436 31 Dec 2025 Direct F1, F2
transaction HLNE Class A Common Stock Purchase $250,011 +2,325 +3.7% $107.53 65,761 20 Feb 2026 Direct F2, F3
holding HLNE Class A Common Stock 17,913 20 Feb 2026 See footnote. F4
holding HLNE Class B Common Stock 135,970 20 Feb 2026 Direct F5

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding HLNE Performance Stock 2,033 20 Feb 2026 Class A Common Stock 2,033 Direct F6
holding HLNE Performance Stock 5,435 20 Feb 2026 Class A Common Stock 5,435 Direct F7
holding HLNE Performance Stock 13,044 20 Feb 2026 Class A Common Stock 13,044 Direct F8
holding HLNE Class B Units 135,970 20 Feb 2026 Class A Common Stock 135,970 See footnote F9, F10
holding HLNE Class C Units 195,317 20 Feb 2026 Class A Common Stock 195,317 See footnote F9, F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were acquired pursuant to the Issuer's Employee Share Purchase Plan in a transaction that was exempt under Rule 16b-3(d).
F2 Includes unvested restricted stock granted under the Issuer's 2017 Equity Incentive Plan.
F3 The price reported in Column 4 is a weighted average price. These shares of Class A common stock, $0.001 par value per share (the "Class A Common Stock") were purchased in multiple transactions at prices ranging from $107.485 to $107.61 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares of Class A Common Stock purchased at each separate price within the range set forth in this footnote.
F4 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.
F5 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.
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, 2031.
F8 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.
F9 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.
F10 Held on behalf of the reporting person by HL Management Investors, LLC.

Remarks:

In addition to serving as an officer of the Issuer, the reporting person is a member of a group that beneficially owns more than 10% of the Issuer's Class A Common Stock.