Jeffrey Brian Armbrister, Chief Financial Officer of Hamilton Lane Incorporated, filed a Form 4 on September 18, 2026, reporting a share disposition for tax withholding and the acquisition of performance stock on September 16, 2026.

Key Highlights

  • Tax withholding disposal: Armbrister disposed of 393 shares of Class A Common Stock at $93.03 per share to cover withholding taxes upon the vesting of previously granted restricted stock awards.
  • Post-transaction direct holding: Following the reported transaction, Armbrister directly and beneficially owned 12,565 Class A shares, including unvested restricted stock granted under the issuer's 2017 Equity Incentive Plan.
  • New performance stock granted: 22,252 shares of performance stock were acquired on September 16, 2026, each representing a contingent right to receive one Class A share, with a performance period ending September 16, 2031.
  • Additional performance stock positions: The filing also reports existing performance stock positions of 4,348 shares (period ending September 16, 2031), 13,044 shares (period ending September 16, 2029), and 2,033 shares (period ending September 16, 2030).
  • Vesting conditions vary: Performance stock vests either upon achieving a specified growth rate of total shareholder return (TSR) over the performance period or upon the Class A shares reaching a specified price per share, depending on the grant.
  • Ticker and exchange: Hamilton Lane Incorporated trades as NASDAQ:HLNE.

Hamilton Lane CFO Armbrister: Tax Withholding Disposal and Performance Stock Details

According to the filing, Jeffrey Brian Armbrister, serving as Chief Financial Officer of Hamilton Lane Incorporated (NASDAQ:HLNE), reported activity dated September 16, 2026. The sole non-derivative transaction was coded "F," indicating that 393 Class A Common shares were delivered to the issuer at a price of $93.03 per share for the payment of withholding taxes due upon the vesting of previously granted restricted stock awards. Following this transaction, Armbrister directly held 12,565 Class A shares, a total the filing notes includes unvested restricted stock granted under the issuer's 2017 Equity Incentive Plan.

On the derivative side, the filing discloses the acquisition of 22,252 shares of performance stock on September 16, 2026, at a price of $0. Each unit of performance stock represents a contingent right to receive one Class A share and vests at the end of the performance period if the issuer's Class A shares achieve a specified growth rate of TSR over the period ending September 16, 2031. Three additional performance stock positions are also reported: 4,348 shares vesting upon the Class A shares reaching a specified price per share with a period ending September 16, 2031; 13,044 shares with a similar price-based vesting condition and a period ending September 16, 2029; and 2,033 shares vesting based on a specified TSR growth rate with a period ending September 16, 2030. All performance stock positions are held directly.

The filing was signed by Lydia Gavalis as attorney-in-fact for the reporting person and dated September 18, 2026. No amendment date was indicated, and the form was filed by one reporting person.

What Was Disclosed

The Form 4 reports one share disposal of 393 Class A shares at $93.03 for tax withholding purposes and the grant of 22,252 new performance stock units, alongside three pre-existing performance stock positions totaling 19,425 shares, all held directly by Hamilton Lane's CFO.