Stock Trading Canary

United States · SEC Form 4 · Snapshot date: 2026-10-18 · Built: 2026-10-18 · 中文

← United States · Coverage record

US · SEC FORM 4

Hamilton Lane INC

HLNE · Nasdaq · CIK 0001433642 · Financial Services · Asset Management

INSIDER SIGNAL

67.8 / 100

3 buyers · 8 purchase transaction lines · $9.3M gross purchase

WHY THIS SIGNAL?

Buyer breadthModerate
Purchase sizeStrong
RoleModerate
RecencyLow
ConvictionStrong
Score anatomy

Each bar shows the contribution to the current score; the weights and formula stay unchanged.

Cluster+21.0 / 35
Purchase size+22.7 / 25
Role+13.0 / 20
Recency+1.2 / 10
Conviction+10.0 / 10

What is holding the score back?

  • ⚠ Cluster breadth is moderate · 3 insider(s), not 4+
  • ⚠ Role scores low · most senior buyer: Executive Co-Chairman (CEO, chair and 10% owners score lowest)
  • ⚠ Purchase activity is becoming less recent

Purchase-size comments are relative to the model scale. Average daily volume is a separate market-context diagnostic.

US-v1.2 ranks qualifying equity purchases under the current 180-day rules. The score is a research priority, not a return forecast or probability. Backtests have not shown that a higher US score is followed by better returns.

Insider activity timeline

Owner lanes show the latest 180 days. Symbol shape identifies the transaction type; sales remain context only.

AprMayJunJulAugSepOct
Kramer Andrea AnigatiChief Operating Officer
○●○○
Rogers Hartley R.Executive Co-Chairman
●●●
Carl Drew ThomasChief Accounting Officer
○○
Armbrister Jeffrey BrianChief Financial Officer
○○
Delgado-Moreira JuanCo-Chief Executive Officer
○○
BERKMAN DAVID JDirector
●
● Purchase▼ Sale○ Other

Showing the six most active owners; 5 additional owner(s) remain in Form 4 evidence.

Purchase breadth & concentration

QUALIFYING BUYERS3
PURCHASE CONCENTRATION87%Largest buyer: Rogers Hartley R. · $8.0M
CLUSTER BUYING · 15D3 insidersPeak activity: 2026-05-27–2026-06-11

Roles in the peak window: Chief Operating Officer, Director, Executive Co-Chairman. Concentration uses priced qualifying P lines only and does not change the saved score.

SIGNAL HISTORY

67.8 / 100

Latest recorded score

↓ -0.1 ptsversus the previous recorded snapshot
  1. 68.0
  2. 68.0
  3. 68.0
  4. 67.9
  5. 67.8

Only scores saved when a full US scoring run completed are shown; gaps are not reconstructed.

Recent Form 4 activity

16Purchases
0Sales
22Other Form 4 lines
29SEC filings · 365 days
BUYING8 qualifying P line(s) · 180 days
SELLING0 sale line(s) · context only
OTHER14 exercise / withholding / award / gift / other lines
10b5-1 / PLANNEDNot assessed

P is an open-market or private purchase. S is a sale. M, F, A and G usually describe exercises, tax withholding, awards and gifts. These categories remain visually separate.

Market context

Market context provides additional background on recent price performance and risk. It does not affect the Insider Signal.

Price performance

1M
-10.6%
3M
+5.7%
6M
-7.2%
12M
-28.5%

Volatility & liquidity

Volatility
42.0%
Beta
—
Avg daily value
USD 56.6M

Valuation

Market cap
—
P/E
—

Fundamentals

Profit margin
32.8%
ROE
27.2%
Industry
Asset Management

Market data

Price data up to: 2026-10-11 · Price source: OpenBB/yfinance; volume from price cache (yfinance) · From SEC filings: Profit margin, ROE · Fiscal year ended: 2026-03-31 · Status: PASS

Short interest

Short interest is external context reported to FINRA by broker-dealers. It does not affect the Insider Signal.

Shares short
4,264,322
Previous report
3,676,291
Avg daily volume
733,597
Days to cover
5.8

FINRA settlement date: 2026-09-30 · Captured 2026-10-12 · FINRA equity short interest ↗. A share count, published about a week after each of two settlement dates a month; not a percentage of shares outstanding.

Historical equity purchases

Qualifying code P transactions in the local Form 4 history, including purchases outside the current signal window.

Transaction dateReporting ownerTypeSecuritySharesAvg. priceApprox. valueSource
2026-06-11Rogers Hartley R.Purchase (P)Class A Common Stock38,290USD 78.49USD 3,005,339SEC filing ↗
2026-06-11Kramer Andrea AnigatiPurchase (P)Class A Common Stock1,283USD 77.46USD 99,381SEC filing ↗
2026-06-11BERKMAN DAVID JPurchase (P)Class A Common Stock15,000USD 76.27USD 1,144,050SEC filing ↗
2026-05-27Rogers Hartley R.Purchase (P)Class A Common Stock932USD 92.73USD 86,420SEC filing ↗
2026-05-26Rogers Hartley R.Purchase (P)Class A Common Stock55,000USD 90.05USD 4,952,959SEC filing ↗
2026-02-24BERKMAN DAVID JPurchase (P)Class A Common Stock10,000USD 101.00USD 1,010,000SEC filing ↗
2026-02-20Kramer Andrea AnigatiPurchase (P)Class A Common Stock2,325USD 107.53USD 250,007SEC filing ↗
2026-02-20Hirsch Erik R.Purchase (P)Class A Common Stock9,225USD 107.13USD 988,274SEC filing ↗
2026-02-20Giannini Mario LPurchase (P)Class A Common Stock9,225USD 107.32USD 990,027SEC filing ↗
2026-02-20Delgado-Moreira JuanPurchase (P)Class A Common Stock9,225USD 107.24USD 989,296SEC filing ↗
2025-11-07Delgado-Moreira JuanPurchase (P)Class A Common Stock8,000USD 130.35USD 1,042,832SEC filing ↗
2024-11-11Delgado-Moreira JuanPurchase (P)Class A Common Stock525USD 201.81USD 105,950SEC filing ↗
2022-09-01Delgado-Moreira JuanPurchase (P)Class A Common Stock2,649USD 69.38USD 183,788SEC filing ↗
2022-08-31Delgado-Moreira JuanPurchase (P)Class A Common Stock12,351USD 69.35USD 856,542SEC filing ↗

Form 4 evidence

38 transaction lines in the latest 365-day window; 256 in local history.

DateOwnerTypeSecuritySharesAvg. priceApprox. valueSource
2026-09-16VARON LESLIE FAward / grant (A)Class A Common Stock977USD 0.00USD 0SEC filing ↗
2026-09-16SEXTON O GRIFFITHAward / grant (A)Class A Common Stock1,953USD 0.00USD 0SEC filing ↗
2026-09-16SCHMERTZLER MICHAELAward / grant (A)Class A Common Stock977USD 0.00USD 0SEC filing ↗
Show recent Form 4 evidence (30 grouped rows)
DateOwnerTypeSecuritySharesAvg. priceApprox. valueSource
2026-09-16VARON LESLIE FAward / grant (A)Class A Common Stock977USD 0.00USD 0SEC filing ↗
2026-09-16SEXTON O GRIFFITHAward / grant (A)Class A Common Stock1,953USD 0.00USD 0SEC filing ↗
2026-09-16SCHMERTZLER MICHAELAward / grant (A)Class A Common Stock977USD 0.00USD 0SEC filing ↗
2026-09-16Kramer Andrea AnigatiTax withholding (F)Class A Common Stock736USD 93.03USD 68,470SEC filing ↗
2026-09-16Armbrister Jeffrey BrianTax withholding (F)Class A Common Stock393USD 93.03USD 36,561SEC filing ↗
2026-09-10Delgado-Moreira JuanGift (G)Class A Common Stock50,000USD 0.00USD 0SEC filing ↗
2026-06-30Kramer Andrea AnigatiAward / grant (A)Class A Common Stock27USD 67.01USD 1,809SEC filing ↗
2026-06-30Carl Drew ThomasAward / grant (A)Class A Common Stock78USD 67.01USD 5,227SEC filing ↗
2026-06-11Rogers Hartley R.Purchase (P)Class A Common Stock38,290USD 78.49USD 3,005,339SEC filing ↗
2026-06-11Kramer Andrea AnigatiPurchase (P)Class A Common Stock1,283USD 77.46USD 99,381SEC filing ↗
2026-06-11BERKMAN DAVID JPurchase (P)Class A Common Stock15,000USD 76.27USD 1,144,050SEC filing ↗
2026-05-29Kramer Andrea AnigatiAward / grant (A)Class A Common Stock3,543USD 0.00USD 0SEC filing ↗
2026-05-29Hirsch Erik R.Award / grant (A)Class A Common Stock42,145USD 0.00USD 0SEC filing ↗
2026-05-29Gavalis LydiaAward / grant (A)Class A Common Stock1,139USD 0.00USD 0SEC filing ↗
2026-05-29Delgado-Moreira JuanAward / grant (A)Class A Common Stock38,087USD 0.00USD 0SEC filing ↗
2026-05-29Carl Drew ThomasAward / grant (A)Class A Common Stock675USD 0.00USD 0SEC filing ↗
2026-05-29Armbrister Jeffrey BrianAward / grant (A)Class A Common Stock2,109USD 0.00USD 0SEC filing ↗
2026-05-27Rogers Hartley R.Purchase (P)Class A Common Stock932USD 92.73USD 86,420SEC filing ↗
2026-05-26Rogers Hartley R.Purchase (P)Class A Common Stock55,000USD 90.05USD 4,952,959SEC filing ↗
2026-03-14Kramer Andrea AnigatiTax withholding (F)Class A Common Stock1,212USD 96.85USD 117,382SEC filing ↗
2026-03-14Hirsch Erik R.Tax withholding (F)Class A Common Stock6,912USD 96.85USD 669,427SEC filing ↗
2026-03-14Gavalis LydiaTax withholding (F)Class A Common Stock549USD 96.85USD 53,171SEC filing ↗
2026-03-14Carl Drew ThomasTax withholding (F)Class A Common Stock85USD 96.85USD 8,232SEC filing ↗
2026-03-14Armbrister Jeffrey BrianTax withholding (F)Class A Common Stock590USD 96.85USD 57,142SEC filing ↗
2026-02-24BERKMAN DAVID JPurchase (P)Class A Common Stock10,000USD 101.00USD 1,010,000SEC filing ↗
2026-02-20Kramer Andrea AnigatiPurchase (P)Class A Common Stock2,325USD 107.53USD 250,007SEC filing ↗
2026-02-20Hirsch Erik R.Purchase (P)Class A Common Stock9,225USD 107.13USD 988,274SEC filing ↗
2026-02-20Giannini Mario LPurchase (P)Class A Common Stock9,225USD 107.32USD 990,027SEC filing ↗
2026-02-20Delgado-Moreira JuanPurchase (P)Class A Common Stock9,225USD 107.24USD 989,296SEC filing ↗
2026-02-06Delgado-Moreira JuanGift (G)Class A Common Stock14,375USD 0.00USD 0SEC filing ↗

Multiple price lines in one filing are grouped and share-weighted. Price and value are blank when a grouped filing line lacks price evidence.

Snapshot & identity

Snapshot date2026-10-18
Ranking versionUS-v1.2
Data qualityPASS ELIGIBLE · —
TickerHLNE
CIK0001433642
SectorFinancial Services
IndustryAsset Management Yahoo Finance
SEC SIC6282 Investment Advice
ExchangeNasdaq

Data coverage

Local Form 4 history256 transaction lines from 2020-03-14 to 2026-09-16
19 P purchase lines · 14 S sale lines · 223 other lines
SEC company submissionsOpen SEC filings ↗

Local ledger as of 2026-10-18. Mapping status is an audit field and does not erase SEC filing evidence.