Form 4: Hawkins Inc. CEO Patrick H. Hawkins Reports Changes in Beneficial Ownership

CEO Patrick H. Hawkins reports a disposition of shares to cover tax obligations and an increase in shares held through the ESOP.

Summary

• Patrick H. Hawkins, CEO and President of Hawkins Inc., filed a Form 4 detailing changes in beneficial ownership.
• On March 31, 2025, Hawkins disposed of 9,549 shares of common stock at a price of $105.92 per share to cover tax obligations.
• Following the transaction, Hawkins directly owns 294,416.2612 shares of common stock.
• Hawkins also indirectly owns 26,073.163 shares through the ESOP Trustee.
• The report includes 5.606 shares acquired on February 28, 2025, through the dividend reinvestment plan.

Sentiment

Score: 6

Explanation: The sentiment is neutral. While there's a disposition of shares, it appears to be for tax purposes and the CEO maintains a significant stake in the company. The dividend reinvestment plan participation is a positive sign.

Positives

• Hawkins participates in the company's dividend reinvestment plan, indicating confidence in the company's future.
• Hawkins maintains a significant direct ownership stake of 294,416.2612 shares.

Negatives

• The disposition of 9,549 shares, while potentially for tax obligations, could be perceived negatively by some investors.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. The sale of shares to cover tax obligations is a common occurrence.

Stakeholder Impact

• The disposition of shares could have a minor impact on shareholder sentiment, but is unlikely to be significant given the context.

Key Dates

Keywords

Form 4, Beneficial Ownership, Hawkins Inc, HWKN, Patrick H. Hawkins, CEO, Stock Disposition, ESOP, Dividend Reinvestment Plan