Erik R. Hirsch - 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
+$988,260
Form type
4
Filing time
24 Feb 2026, 16:07:41 UTC
Previous filing
18 Mar 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Hirsch Erik R. Co-Chief Executive Officer, Director, 10%+ Owner C/O HAMILTON LANE INCORPORATED, 110 WASHINGTON STREET, SUITE 1300, CONSHOHOCKEN /s/ Lauren Platko, attorney-in-fact 24 Feb 2026 0001698098

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HLNE Class A Common Stock Purchase $988,260 +9,225 +15% $107.13 70,494 20 Feb 2026 Direct F1, F2, F3
holding HLNE Class B Common Stock 809,781 20 Feb 2026 Direct F3, F4

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 544,000 20 Feb 2026 Class A Common Stock 544,000 Direct F5
holding HLNE Class B Units 809,781 20 Feb 2026 Class A Common Stock 809,781 See footnote F3, F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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 $106.71 to $107.26 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.
F2 Includes unvested restricted stock granted under the Issuer's 2017 Equity Incentive Plan.
F3 Since the date of the Reporting Person's last ownership report, Reporting Person transferred 59,006 shares of Class A Common Stock and 300,000 shares of Class B common stock of the Issuer to his ex-spouse pursuant to a domestic relations order. The Reporting Person no longer reports as beneficially owned any securities owned by his ex-spouse.
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 Pursuant to an Exchange Agreement entered into at the time of and in connection with a reorganization incident to the Issuer's initial public offering, the Class B 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 of HLA do not have an expiration date.
F7 Held on behalf of the reporting person by HL Management Investors, LLC.

Remarks:

In addition to serving as an officer and director 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