Form 4: Hawthorn Bancshares Director Douglas Todd Eden Acquires 15,000 Shares

Director Douglas Todd Eden of Hawthorn Bancshares, Inc. reports purchasing 15,000 shares of common stock at an average price of $19.626 on May 3, 2024.

Summary

• On May 3, 2024, Douglas Todd Eden, a director of Hawthorn Bancshares, Inc., acquired 15,000 shares of common stock.
• The shares were purchased at a weighted average price of $19.626.
• The price range for individual transactions was between $19.39 and $19.96.
• Following the transaction, Eden directly owns 10 shares and indirectly owns 76,826 shares through a trust, 582 shares through his son, and 23,174 shares through his wife's trust.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine disclosure of a director purchasing shares, which could be seen as a positive signal, but it's not overwhelmingly significant.

Positives

• The director's purchase of shares could be interpreted as a sign of confidence in the company's future prospects.

Industry Context

This filing is a routine disclosure of insider trading activity, which is common in the financial industry. Investors often monitor such filings for signals about management's confidence in the company.

Stakeholder Impact

• The purchase of shares by a director could have a slightly positive impact on shareholder sentiment.

Key Dates