Form 4: Hawthorn Bancshares Director Bexten Acquires Additional Shares
SEC Form 4 Filing
Gregg A. Bexten, a director and officer of Hawthorn Bancshares, Inc., purchased 1,000 shares of common stock at $19.72 per share on June 13, 2024.
Summary
- On June 13, 2024, Gregg A. Bexten, a director and officer (President) of Hawthorn Bancshares, Inc. (HWBK), acquired 1,000 shares of common stock at a price of $19.72 per share.
- Following this transaction, Bexten directly owns 1,150.25 shares of Hawthorn Bancshares, Inc.
- Bexten also indirectly owns 27,522.65 shares through a profit sharing trust.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. The purchase of shares by a director is generally viewed as a positive sign, indicating confidence in the company's prospects, but the scale of the purchase is not large enough to be overwhelmingly positive.
Positives
- The director's purchase of shares may signal confidence in the company's future prospects.
Industry Context
Insider transactions are closely monitored by investors as they can provide insights into management's perspective on the company's valuation and future performance. Purchases are generally seen as a positive sign.
Stakeholder Impact
- The transaction could have a slightly positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 06/13/2024 | Date of transaction: Gregg A. Bexten purchased 1,000 shares of common stock. |
| 06/17/2024 | Date of signature on the Form 4 filing. |
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