Form 4: Hawthorn Bancshares Director Jonathan Holtaway Increases Stake with Recent Stock Purchase

Jonathan Holtaway, a director of Hawthorn Bancshares, recently acquired 2,000 shares of common stock at a price of $19.72 per share.

Summary

• On May 10, 2024, Jonathan Holtaway, a director of Hawthorn Bancshares, purchased 2,000 shares of the company's common stock at $19.72 per share.
• Following the transaction, Holtaway directly owns 28,500 shares through an IRA.
• Holtaway also indirectly owns 407,513 shares through Ategra Community Financial Institution Fund, LP.
• Holtaway disclaims beneficial ownership of these shares except to the extent of his pecuniary interest.
• The filing was signed by Arla R. Surls, Attorney-in-Fact, for Jonathan D. Holtaway on May 14, 2024.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine disclosure of a stock purchase by a director, which can be interpreted as a slightly 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

Form 4 filings are routine disclosures required by the SEC when insiders (officers, directors, and 10% owners) of a publicly traded company buy or sell the company's stock.

Stakeholder Impact

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

Key Dates