French River 5 Ltd - 04 Sep 2025 Form 4 Insider Report for Hamilton Lane INC (HLNE)

Reporting relationship: 10%+ Owner
Issuer ticker: HLNE
Reported as of: 04 Sep 2025
Net transaction value: -$21,976,500
SEC form: 4
Accepted by SEC: 08 Sep 2025, 17:42:00 UTC
Prior SEC filing: 25 Apr 2025
Source filing: View source filing
Reporting owner signature: FRENCH RIVER 5 LTD, By: /s/ Lauren Platko, attorney-in-fact

Key filing fact

French River 5 Ltd filed Form 4 for Hamilton Lane INC (HLNE) on 08 Sep 2025.

Key facts

This page summarizes French River 5 Ltd's Form 4 filing for Hamilton Lane INC (HLNE).
1 reported transaction and 1 derivative row are listed below.
Accepted by SEC: 08 Sep 2025, 17:42.

Change

Previous filing in this sequence was filed on 25 Apr 2025.
Current net transaction value: -$21,976,500.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (3)

CIK 0002065790 Primary reporting owner

French River 5 Ltd

Relationship: 10%+ Owner
Address: C/O HAMILTON LANE INCORPORATED, 110 WASHINGTON STREET, SUITE 1300, CONSHOHOCKEN
Signature: FRENCH RIVER 5 LTD, By: /s/ Lauren Platko, attorney-in-fact
Signature date: 08 Sep 2025

CIK 0001699245

Oakville Number 2 Trust

Relationship: 10%+ Owner
Address: C/O HAMILTON LANE INCORPORATED, 110 WASHINGTON STREET, SUITE 1300, CONSHOHOCKEN
Signature: OAKVILLE NUMBER 2 TRUST, By: /s/ Lauren Platko, attorney-in-fact
Signature date: 08 Sep 2025

CIK 0001699649

Rysaffe Trustee Co (CI) Ltd

Relationship: 10%+ Owner
Address: C/O HAMILTON LANE INCORPORATED, 110 WASHINGTON STREET, SUITE 1300, CONSHOHOCKEN
Signature: RYSAFFE TRUSTEE CO (CI) LTD, By: /s/ Lauren Platko, attorney-in-fact
Signature date: 08 Sep 2025

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

HLNE transaction

Class A Common Stock

Sale

Transaction value: $21,976,500
Shares: -150,000
Change %: -31%
Price: $146.51
Shares after: 330,015
Date: 04 Sep 2025
Ownership: Direct
Footnotes: F1

HLNE holding

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 7
Date: 04 Sep 2025
Ownership: Direct
Footnotes: F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

HLNE holding Derivative

Class B Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 7
Date: 04 Sep 2025
Ownership: See Footnote
Underlying class: Class A Common Stock
Underlying amount: 7
Exercise price
Footnotes: F3, F4

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

Sold by the reporting person in a registered underwritten offering pursuant to an underwriting agreement dated September 4, 2025.

Footnote F2

The Issuer 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.

Footnote F3

Pursuant to an Exchange Agreement entered into in connection with a reorganization incident to the Issuer's initial public offering (the "Exchange Agreement"), the Class B Units of Hamilton Lane Advisors, L.L.C. 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 do not have an expiration date.

Footnote F4

The securities reported are owned indirectly by the Trust through HLA Investments, LLC.

SEC remarks

This Form is filed by (i) French River 5 Limited, a wholly owned subsidiary of Oakville Number 2 Trust ("Trust') and transferee of securities previously owned by the Trust, (ii) the Trust and (iii) Rysaffe Trustee Company (CI) Limited ("Trustee"). The Trustee is the trustee of the Trust. The Reporting Persons are a member of a group that beneficially owns more than 10% of the Issuer's Class A Common Stock. Exhibit List: Exhibit 24 - Limited Power of Attorney