Form 4: Hawthorn Bancshares Director Douglas Todd Eden Acquires 5,000 Shares

Director Douglas Todd Eden of Hawthorn Bancshares, Inc. (HWBK) purchased 5,000 shares of common stock on March 11, 2024, at a weighted average price of $20.3713.

Summary

• On March 11, 2024, Douglas Todd Eden, a director of Hawthorn Bancshares, Inc. (HWBK), acquired 5,000 shares of the company's common stock.
• The shares were purchased at a weighted average price of $20.3713, with individual prices ranging from $19.90 to $20.645.
• Following the transaction, Eden directly owns no shares, but indirectly owns 85,000 shares through a trust, 582 shares through his wife's trust, and 10 shares through his son.
• The transaction was reported on a Form 4 filing with the Securities and Exchange Commission.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine disclosure of a director purchasing shares, which can be seen as a mildly positive signal, but it's not a major event.

Positives

• A director's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.

Industry Context

Insider transactions are closely monitored as they can provide insights into a company's performance and future expectations within the banking industry.

Comparison to Industry Standards

• Monitoring insider trading activity is a standard practice in the financial industry to ensure fair market practices.
• Comparing the volume and frequency of insider transactions at Hawthorn Bancshares to its peers can provide insights into the relative sentiment surrounding the company's stock.

Stakeholder Impact

• The purchase could have a minor positive impact on shareholder sentiment.

Key Dates