Chief Operating Officer · Hercules Capital, Inc. (HTGC)

Christian Follmann

A named executive officer of Hercules Capital in every fiscal year CompBrief holds from FY2022 to FY2025. Every figure below is printed as the company filed it and cited to the filing it came from.

Total disclosed compensation, FY2025

$1,589,523

FY2024: $1,450,195

Compensation figures as of the proxy filed April 23, 2026 (DEF 14A). Insider transactions since that proxy, current to 2026-09-24.

Christian Follmann compensation by year

Hercules Capital Summary Compensation Table · all 4 fiscal years held
In US dollars, as Hercules Capital reports it. Most recent year shaded. Totals are the company’s disclosed totals.
ComponentFY2022FY2023FY2024FY2025
Salary$260,000$300,000$300,000$320,000
Bonus$0$0$0$475,000
Stock awards$250,005$462,343$657,195$771,523
Option awards$0$0$0$0
Non-equity incentive$350,000$425,000$470,000$0
Pension and deferred compensation$0$0$0$0
All other$20,500$22,500$23,000$23,000
Total$880,505$1,209,843$1,450,195$1,589,523

Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: Hercules Capital, Inc. DEF 14A filed April 23, 2026, accession 0001280784-26-000015, and prior-year filings. Open the filing on EDGAR.

$881K
$1.2M
$1.5M
$1.6M
FY22
FY23
FY24
FY25
SalaryBonusNon-equity incentiveStock awardsAll other

Equity holdings

unvested awards at FY2025 year-end
TypeUnvested unitsValue at year-endExercise price
RSU33,784$635,815—
RSU13,410$252,376—
RSU10,576$199,040—
RSU10,560$198,739—
RSU9,791$184,267—
RSU8,521$160,365—
RSU2,315$43,568—

Per the Outstanding Equity Awards at Fiscal Year-End table in Hercules Capital, Inc.'s FY2025 proxy; value at the fiscal year-end close, as the company printed it.

Insider transactions since the last proxy

2 Form 4 lines since the FY2025 proxy (filed April 23, 2026)
current to 2026-09-24 · updated nightly
DateTransactionPlanSharesPriceHeld after
2026-07-09Tax withholding—1,365$15.69144,539
2026-07-09Tax withholding—1,433$15.69145,904

The 2 most recent of 2 lines, each as reported on the Form 4. "10b5-1" marks a trade the filing reports under a pre-arranged trading plan. View every Form 4 filing on EDGAR →

Change-in-control & termination

estimated payments Hercules Capital discloses, by trigger · FY2025
TriggerCash severanceAccelerated equityBenefits continuationTotal as disclosed
Disability$0$1,674,171$0$1,674,171
Change in control and involuntary termination$0$1,674,171$0$1,674,171
Death$0$1,674,171$0$1,674,171
Change in control, no termination$0$1,674,171$0$1,674,171
Resignation for good reason, no change in control$0$0$0$0

Per the Potential Payments Upon Termination or Change in Control table in Hercules Capital, Inc.'s FY2025 proxy. Estimates as the company printed them; a dash means it printed no figure.

Hercules Capital’s named executive officers, FY2025

as the company reported each
Named executive officerRoleFY2025 total
Scott BluesteinChief Executive Officer and Chief Investment Officer$9,670,162
Seth MeyerChief Financial Officer$3,240,397
Christian Follmann · this pageChief Operating Officer$1,589,523
Kiersten BotelhoChief Legal Officer, Chief Compliance Officer and Corporate Secretary$1,444,528

The full Hercules Capital compensation record

free company brief

This page is one person within Hercules Capital's record. The company brief lists every named executive, each linking to their own page.

Compensation, the day it’s disclosed

The CompBrief Daily Digest lists the newest executive and director compensation disclosures as companies file them. Or order Hercules Capital's full Executive Compensation Report with peer benchmarking.

How this record is built

Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are Hercules Capital's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.

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