HWKN.NASDAQHawkins INC

Form 4: Hawkins Inc. Vice President of Operations, Drew M. Grahek, Reports Stock Disposal

Sentiment:

SEC Form 4 Filing


Drew M. Grahek, Vice President of Operations at Hawkins Inc., reports the disposal of 3,976 shares of common stock to cover tax obligations related to equity compensation.

Summary

  • On April 1, 2024, Drew M. Grahek, Vice President of Operations at Hawkins Inc., disposed of 3,976 shares of common stock.
  • The transaction was executed at a price of $74.62 per share.
  • This disposal was related to covering tax obligations.
  • Following the transaction, Grahek directly owns 27,799.4269 shares of Hawkins Inc. common stock and indirectly owns 738.5772 shares through an ESOP trustee.
  • Grahek also acquired 24.7989 shares through the dividend reinvestment plan between June 2023 and March 2024, and 321 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 transaction related to tax obligations. It doesn't inherently indicate positive or negative sentiment towards the company's prospects.

Industry Context

Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their transactions in company stock. This filing indicates a transaction by an officer of Hawkins Inc. and is publicly available information.

Stakeholder Impact

  • The transaction has a minimal impact on shareholders as it is a relatively small number of shares being disposed of by an insider.

Key Dates

DateDescription
June 2023 March 2024Acquisition of 24.7989 shares through dividend reinvestment plan.
June December 2023Acquisition of 321 shares through employee stock purchase plan.
04/01/2024Disposal of 3,976 shares of common stock at $74.62 per share.
04/03/2024Date of signature for the Form 4 filing.

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