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

Jonathan Holtaway, a director of Hawthorn Bancshares, recently acquired 5,500 shares of common stock, increasing his total holdings.

Summary

• On March 14, 2024, Jonathan Holtaway, a director of Hawthorn Bancshares, purchased 5,500 shares of common stock at a price of $19.12 per share.
• Following this transaction, Holtaway directly owns 15,500 shares and indirectly owns 407,513 shares through Ategra Community Financial Institution Fund, LP.
• Holtaway disclaims beneficial ownership of the shares held by the Fund except to the extent of his pecuniary interest.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. A director purchasing shares is generally a good sign, but the filing itself is a routine disclosure.

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 to provide transparency into the transactions of company insiders. These filings are closely watched by investors for signals about management's view of the company's prospects.

Stakeholder Impact

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

Key Dates