Velarion · Company Intelligence
CompBrief
Fiscal year 2025

Scott Bluestein — FY2025 total compensation $9,670,162

Scott Bluestein is Chief Executive Officer and Chief Investment Officer of Hercules Capital, Inc. (HTGC). The company reported total compensation of $9,670,162 for fiscal year 2025.

01

Fiscal year 2025 compensation

Salary$650,000
Bonus$3,950,000
Stock awards$5,047,162
Option awards$0
Non-equity incentive plan$0
Pension and non-qualified deferred compensation$0
All other compensation$23,000
Total$9,670,162

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed, without adjustment.

Cited to the compensation disclosure Hercules Capital, Inc. filed April 23, 2026, accession 0001280784-26-000015.

02

History — every fiscal year held

Fiscal yearRoleSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
FY2025Chief Executive Officer and Chief Investment Officer$650,000$3,950,000$5,047,162$0$0$0$23,000$9,670,162
FY2024Chief Executive Officer and Chief Investment Officer$650,000$0$4,903,742$0$3,500,000$0$23,000$9,076,742
FY2023Chief Executive Officer and Chief Investment Officer$650,000$0$5,019,494$0$3,200,000$0$22,500$8,891,994
FY2022Chief Executive Officer and Chief Investment Officer$650,000$0$3,700,008$0$3,000,000$0$20,500$7,370,508
FY2021Chief Executive Officer and Chief Investment Officer$650,000$2,350,000$3,449,995$0$0$0$960,991$7,410,986
FY2020Chief Executive Officer and Chief Investment Officer$650,000$2,100,000$3,989,493$0$0$0$1,131,911$7,871,404
FY2019Chief Executive Officer and Chief Investment Officer$594,028$1,915,000$4,249,994$825,179$7,584,201

Totals as disclosed in each year's own compensation disclosure for Hercules Capital, Inc..

03

Peer context

Peer-group chief executive median$7,816,178
Difference from that median$1,853,985
Percentile within the disclosed peer group72nd
Peers with a disclosed figure18

Medians and percentiles are computed across the peer group Hercules Capital, Inc. discloses in its own compensation disclosure.

04

The other named executive officers of Hercules Capital, Inc.

Named executive officerRoleFY2025 total
Scott Bluestein this pageChief Executive Officer and Chief Investment Officer$9,670,162
Seth MeyerChief Financial Officer$3,240,397
Christian FollmannChief Operating Officer$1,589,523
Kiersten BotelhoChief Legal Officer, Chief Compliance Officer and Corporate Secretary$1,444,528

The company's named executive officers for fiscal year 2025, and what it reported for each. See the full Hercules Capital, Inc. compensation brief.

05

The company page

Scott Bluestein's compensation sits inside Hercules Capital, Inc.'s full executive and board picture — the peer group, pay against peers, incentive design and the board itself.

The Hercules Capital, Inc. (HTGC) compensation brief