HLNE · Insider Trading

Hamilton Lane Incorporated Class A Common Stock

Every open-market purchase and sale reported by HLNE officers, directors and 10%+ beneficial owners on SEC Form 4, which must be filed within two business days of the transaction. Sales often reflect scheduled 10b5-1 plans or tax withholding rather than a directional view, so read counts alongside the size and the filer.

Form 4 Filings
50
most recent
Open-Market Buys
9
code P
Sales
1
code S
Reporting Insiders
21
current holders
HLNE — Recent Form 4 Transactions (latest 2026-09-18)
FiledInsiderRole TypeSharesValue
2026-09-18 Drew Thomas Carl Chief Accounting Officer A +78 +$5.23K
2026-09-18 Leslie F Varon Director A +977 —
2026-09-18 Jeffrey Brian Armbrister Chief Financial Officer F −393 −$36.56K
2026-09-18 Michael Schmertzler Director A +977 —
2026-09-18 Andrea Anigati Kramer Chief Operating Officer MIXED −709 −$66.66K
2026-09-18 O Griffith Sexton Director A +1,953 —
2026-09-14 Juan Delgado-Moreira Co-Chief Executive Officer G — —
2026-06-15 Hartley R. Rogers Executive Co-Chairman Buy +38,290 +$3.01M
2026-06-15 David J Berkman Director Buy +15,000 +$1.14M
2026-06-15 Andrea Anigati Kramer Chief Operating Officer Buy +1,283 +$99.38K
2026-06-02 Erik R. Hirsch Co-Chief Executive Officer A +42,145 —
2026-06-02 Juan Delgado-Moreira Co-Chief Executive Officer A +38,087 —
2026-06-02 Lydia Gavalis General Counsel & Secretary A +1,139 —
2026-06-02 Jeffrey Brian Armbrister Chief Financial Officer A +2,109 —
2026-06-02 Drew Thomas Carl Chief Accounting Officer A +675 —
2026-06-02 Andrea Anigati Kramer Chief Operating Officer A +3,605 +$5.26K
2026-05-28 Hartley R. Rogers Executive Co-Chairman Buy +110,932 +$9.99M
2026-03-17 Lydia Gavalis General Counsel & Secretary F −549 −$53.17K
2026-03-17 Drew Thomas Carl Chief Accounting Officer MIXED −39 −$2.98K
2026-03-17 Jeffrey Brian Armbrister Chief Financial Officer F −590 −$57.14K
2026-03-17 Erik R. Hirsch Co-Chief Executive Officer F −6,912 −$669.43K
2026-03-17 Andrea Anigati Kramer Chief Operating Officer F −1,212 −$117.38K
2026-02-25 David J Berkman Director Buy +10,000 +$1.01M
2026-02-24 Mario L Giannini Executive Co-Chairman Buy +9,225 +$990.01K
2026-02-24 Andrea Anigati Kramer Chief Operating Officer MIXED +2,417 +$260.53K
2026-02-24 Juan Delgado-Moreira Co-Chief Executive Officer Buy +9,225 +$989.31K
2026-02-24 Erik R. Hirsch Co-Chief Executive Officer Buy +9,225 +$988.26K
2026-02-09 Juan Delgado-Moreira Co-Chief Executive Officer G — —
2025-11-10 Juan Delgado-Moreira Co-Chief Executive Officer Buy +8,000 +$1.04M
2025-09-18 Drew Thomas Carl Chief Accounting Officer A — —
2025-09-18 Jeffrey Brian Armbrister Chief Financial Officer F −393 −$57.59K
2025-09-18 Andrea Anigati Kramer Chief Operating Officer MIXED −694 −$102.54K
2025-09-18 Lydia Gavalis General Counsel & Secretary A — —
2025-09-18 Reynoldo Vann Graves Director A +333 —
2025-09-18 Leslie F Varon Director A +666 —
2025-09-18 O Griffith Sexton Director A +1,331 —
2025-09-08 Edward B. Whittemore 10%+ Owner J −10,000 −$10
2025-09-08 Laurence Whittemore 10%+ Owner J −35,000 −$35
2025-09-08 Michael Schmertzler 10%+ Owner J −25,005 −$25
2025-09-08 HRHLA, LLC 10%+ Owner J −939,760 −$940
2025-09-08 Hartley R. Rogers Executive Co-Chairman J −149,875 −$150
2025-09-08 French River 5 Ltd 10%+ Owner Sell −450,000 −$65.93M
2025-09-03 Hartley R. Rogers Executive Co-Chairman G −100,125 —
2025-08-29 Juan Delgado-Moreira Co-Chief Executive Officer G — —
2025-03-18 Andrea Anigati Kramer Chief Operating Officer MIXED +1,953 −$146.13K
2025-03-18 Lydia Gavalis General Counsel & Secretary MIXED +598 −$85.21K
2025-03-18 Drew Thomas Carl Chief Accounting Officer MIXED +469 +$1.90K
2025-03-18 Jeffrey Brian Armbrister Chief Financial Officer MIXED +1,456 −$75.76K
2025-03-18 Erik R. Hirsch Co-Chief Executive Officer MIXED +32,615 −$470.69K
2025-03-18 Juan Delgado-Moreira Co-Chief Executive Officer A +34,031 —
HLNE — Current Insider Holders
InsiderRole Shares HeldValue
HLA INVESTMENTS LLC 10%+ Owner 15,209,834 $1.24B
HRHLA, LLC 10%+ Owner 14,639,829 $1.20B
Hartley R. Rogers Executive Co-Chairman 6,604,678 $540.53M
Erik R. Hirsch Co-Chief Executive Officer 1,523,588 $124.69M
Michael Schmertzler Director 1,452,005 $118.83M
Mario L Giannini Executive Co-Chairman 1,418,054 $116.05M
Juan Delgado-Moreira Co-Chief Executive Officer 1,376,134 $112.62M
French River 5 Ltd 10%+ Owner 330,015 $27.01M
O Griffith Sexton Director 298,038 $24.39M
2008 Sexton Des. Trust FBO Laura Sexton 10%+ Owner 294,754 $24.12M
Nicole Giannini 10%+ Owner 213,648 $17.48M
Kyera Giannini 10%+ Owner 213,648 $17.48M
Andrea Anigati Kramer Chief Operating Officer 104,554 $8.56M
Edward B. Whittemore 10%+ Owner 95,000 $7.77M
Laurence Whittemore 10%+ Owner 56,880 $4.66M
David J Berkman Director 50,000 $4.09M
Lydia Gavalis General Counsel & Secretary 34,028 $2.78M
Jeffrey Brian Armbrister Chief Financial Officer 12,565 $1.03M
Leslie F Varon Director 10,635 $870.37K
Drew Thomas Carl Chief Accounting Officer 1,924 $157.46K
Reynoldo Vann Graves Director 1,686 $137.98K
HLNE Insider Trading FAQ
Who are the insiders at HLNE?
21 officers, directors and 10%+ beneficial owners currently report holdings in HLNE via SEC Form 4.
Are HLNE insiders buying or selling?
Across the 50 most recent Form 4 filings for HLNE, 9 were open-market purchases (code P) and 1 were sales (code S). Sales frequently reflect scheduled 10b5-1 plans or tax withholding rather than a view on the stock.
How current is HLNE insider data?
Form 4 must be filed within two business days of the transaction, so this is close to real time. The most recent HLNE filing is dated 2026-09-18.
How to read Form 4 activity

Form 4 reports a change in beneficial ownership by an officer, director or 10%+ holder, and must be filed within two business days of the transaction — so this is close to real time, unlike the 45-day-lagged 13F institutional data.

Transaction codes matter more than the raw buy/sell count. Code P is an open-market purchase — an insider choosing to buy with their own money, which is the signal most research treats as informative. Code S is a sale, but sales are frequently pre-scheduled under a 10b5-1 plan or cover tax withholding on vesting equity, so a run of sales often says nothing directional. Codes A and M are grants and option exercises rather than open-market decisions.

Full filing history and per-insider positions are on the HLNE quote page; the site-wide leaderboard is on the insider transactions hub.

Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.