Erik R. Hirsch - 14 Mar 2026 Form 4 Insider Report for Hamilton Lane INC (HLNE)

Role: Co-Chief Executive Officer, Director, 10%+ Owner
Signature: /s/ Lauren Platko, attorney-in-fact
Issuer symbol: HLNE
Transactions as of: 14 Mar 2026
Net transactions value: $0
Form type: 4
Filing time: 17 Mar 2026, 19:01:07 UTC
Previous filing: 24 Feb 2026
SEC: View on sec.gov

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	17 Mar 2026	0001698098

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HLNE	Class A Common Stock	Tax liability		-6,912	-9.8%	$96.85^*	63,582	14 Mar 2026	Direct	F1, F2
holding	HLNE	Class B Common Stock						809,781	14 Mar 2026	Direct	F3

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	14 Mar 2026	Class A Common Stock	544,000		Direct	F4
holding	HLNE	Class B Units						809,781	14 Mar 2026	Class A Common Stock	809,781		See footnote	F5, F6

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

Explanation of Responses:

Id	Content
F1	Shares delivered to the Issuer for the payment of withholding taxes due upon the vesting of previously granted restricted stock awards.
F2	Includes unvested restricted stock granted under the Issuer's 2017 Equity Incentive Plan.
F3	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.
F4	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.
F5	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.
F6	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.