Hercules Capital (HTGC) executive compensation, 2026 proxy

Scott Bluestein, Chief Executive Officer and Chief Investment Officer, was paid $9.7M in 2025, up 7% from $9.1M the year before. The CEO-to-median-employee pay ratio was 33:1, on median employee pay of $295,510.

Filed
April 23, 2026
Annual meeting
June 18, 2026
Pay year
2025
Named executives
4
CEO total pay
$9.7M+7% vs prior year
CEO to median employee
33:1median $295,510
CEO pay in equity
52%$5M in awards
Prior say-on-pay support
90%of votes cast
Median Employee Pay
$295,510Based on 122 employees
CEO Pay Ratio
32.7:1Ratio to median employee
Say-on-Pay Support
90%Approval at 2025 annual meeting

How Bluestein was paid

$9.7M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary7%Bonus41%Stock awards52%All other compensation0%

Named executive officers

ExecutiveTotal
Scott BluesteinChief Executive Officer and Chief Investment Officer$9,670,162
Seth H. MeyerChief Financial Officer$3,240,397
Christian FollmannChief Operating Officer$1,589,523
Kiersten Zaza BotelhoChief Legal Officer, Chief Compliance Officer and Corporate Secretary$1,444,528

What changed and why

  • $9.7MCEO total compensation increased to $9,670,162 in 2025 following another record-breaking year.
  • Stock awards comprised the largest portion of executive compensation for named executive officers.
  • 90%Say-on-pay advisory vote received 90% stockholder approval support in 2025.
  • No stock options were granted to any named executive officers during fiscal year 2025.

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.