Form 4: Hawthorn Bancshares Director Acquires RSUs

Hawthorn Bancshares Director Douglas Todd Eden acquired 500 unvested restricted stock units under the company's Equity Incentive Plan.

Summary

• Douglas Todd Eden, a Director at Hawthorn Bancshares, Inc. (HWBK), acquired 500 unvested restricted stock units (RSUs) on June 2, 2026.
• These RSUs were granted under the Hawthorn Bancshares, Inc. Equity Incentive Plan.
• The RSUs are subject to vesting on June 2, 2027, contingent upon Mr. Eden's continued service.
• Following this transaction, Mr. Eden beneficially owns 76,826 shares of common stock indirectly through a trust, 10 shares directly through his son, 572 shares indirectly through his wife's trust, and 23,174 shares directly.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a neutral to slightly positive filing, as it represents an insider acquisition of equity, which can signal confidence, but it is a standard grant of unvested RSUs rather than an open market purchase.

Positives

• Director acquisition of company stock can signal confidence in the company's future prospects.
• The acquisition of 500 RSUs indicates a continued commitment from a key executive.

Risks

• The acquired RSUs are unvested and subject to forfeiture if the reporting person's service does not continue through the vesting date of June 2, 2027.
• Potential for future sales of common stock by the reporting person upon vesting.

Future Outlook

The acquired RSUs will fully vest on June 2, 2027, provided the reporting person continues their service with the company through that date.

Industry Context

StockSavvy.ai notes that insider acquisitions of stock, particularly restricted stock units, are common within the banking sector as a means of aligning executive interests with long-term shareholder value.

Stakeholder Impact

• Shareholders: The acquisition of RSUs by a director may be viewed positively, suggesting alignment of interests.
• Employees: The Equity Incentive Plan, under which these RSUs were granted, is a standard component of executive compensation.

Next Steps

• Reporting person to continue service through June 2, 2027, for RSUs to vest.
• Potential settlement of RSUs into common stock on June 2, 2027.

Key Dates

Keywords

Hawthorn Bancshares, HWBK, Form 4, SEC Filing, Director, Restricted Stock Units, RSUs, Equity Incentive Plan, Beneficial Ownership, Insider Trading