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Chapel Hill Today
By the People, for the People
Rep. Virginia Foxx Sells Hercules Capital Shares
North Carolina congresswoman discloses sale of $50,000-$100,000 in stock
Published on Feb. 10, 2026
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Representative Virginia Foxx (R-North Carolina) recently sold between $50,001 and $100,000 worth of shares in Hercules Capital, Inc. (NYSE:HTGC), a specialty finance company that provides debt financing to high-growth companies. The sale was disclosed in a filing on February 6th and occurred on January 12th.
Why it matters
As a member of Congress, Rep. Foxx is subject to financial disclosure requirements. This sale of Hercules Capital stock raises questions about potential conflicts of interest, as the company operates in the financial services industry which is heavily regulated by the federal government.
The details
Hercules Capital is a business development company that provides debt financing to innovative enterprises across various developmental stages, primarily in the technology, life sciences, and sustainable/renewable technology sectors. The company's stock opened at $16.78 per share on Tuesday, with a 52-week range of $15.65 to $22.04.
- Rep. Foxx sold the Hercules Capital shares on January 12, 2026.
- The sale was disclosed in a filing on February 6, 2026.
The players
Virginia Foxx
A Republican member of the U.S. House of Representatives, representing North Carolina's 5th Congressional District. She has served in Congress since 2005 and was re-elected in 2024.
Hercules Capital, Inc.
A specialty finance company organized as a business development company that provides debt financing solutions to high-growth companies, primarily in the technology, life sciences, and sustainable/renewable technology sectors.
What’s next
The House Ethics Committee may review the stock sale to ensure Rep. Foxx did not violate any rules or laws regarding congressional financial disclosures and trading.
The takeaway
This transaction highlights the potential conflicts of interest that can arise when members of Congress own stock in industries they help regulate. Increased transparency and oversight of congressional financial activities may be warranted to maintain public trust.





