Form 4: Hawkins Inc. Executive VP and CFO Reports Stock Disposal
SEC Form 4 Filing
Jeffrey P. Oldenkamp, Executive VP and CFO of Hawkins Inc., reports the disposal of 6,684 shares of common stock to cover tax obligations.
Summary
- On April 1, 2024, Jeffrey P. Oldenkamp, Executive VP and CFO of Hawkins Inc., disposed of 6,684 shares of common stock.
- The disposal was related to tax obligations and the price per share was $74.62.
- Following the transaction, Oldenkamp directly owns 75,691.1829 shares of common stock and indirectly owns 1,329.1072 shares through an ESOP trustee.
- The report also notes that the reporting person acquired 56.9139 shares through the dividend reinvestment plan between June 2023 and March 2024, and 601 shares through the employee stock purchase plan between June and December 2023.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing simply reports a routine stock disposal for tax purposes. It doesn't indicate any significant positive or negative outlook for the company.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track management's sentiment and alignment with company performance.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine disposal of shares by an executive for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 04/01/2024 | Date of the stock disposal transaction |
| 04/03/2024 | Date of the report filing |
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