Form 4: Hawkins CEO Sells Shares for Tax Obligations
Insider Transaction Report
Hawkins Inc. CEO and President Patrick H. Hawkins disposed of 10,950 shares of common stock to cover tax withholding obligations.
Summary
- Patrick H. Hawkins, CEO and President, and a Director and 10% Owner of Hawkins Inc. (HWKN), reported a transaction on March 30, 2026.
- Hawkins disposed of 10,950 shares of common stock at a price of $151.62 per share.
- This disposition was made to satisfy tax withholding obligations, indicated by transaction code 'F'.
- Following the transaction, Patrick H. Hawkins directly beneficially owns 304,791.8603 shares of common stock.
- Additionally, 26,074.5547 shares are indirectly beneficially owned via an ESOP Trustee.
- The reported direct ownership includes 4.4988 shares acquired on February 27, 2026, through the Issuer's dividend reinvestment plan.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a standard transaction for tax purposes, which is a neutral event for the company's outlook and does not indicate a change in fundamental sentiment.
Future Outlook
The filing does not contain any forward-looking statements or guidance.
Industry Context
StockSavvy.ai notes that insider sales for tax withholding purposes, as reported in this Form 4, are a routine occurrence when executives receive equity compensation. Such transactions typically do not reflect a change in management's confidence in the company's future performance or broader industry trends.
Stakeholder Impact
- Shareholders: Minimal direct impact as this is a routine tax-related transaction by an insider, not a discretionary sale indicating a change in sentiment.
Key Dates
| Date | Description |
|---|---|
| 02/27/2026 | Acquisition of 4.4988 shares via dividend reinvestment plan. |
| 03/30/2026 | Date of transaction where 10,950 shares were disposed of. |
| 04/01/2026 | Signature date of the reporting person's attorney-in-fact. |
Recommendation
holdThe reported transaction is a routine disposition of shares to cover tax withholding obligations, which is a common practice for executives receiving equity compensation. It does not reflect a change in the executive's investment thesis or the company's fundamentals, thus a 'hold' recommendation is maintained.
Keywords
HAWKINS INC, HWKN, Insider Trading, Form 4, Stock Sale, CEO, Patrick H. Hawkins, Tax Withholding
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