Form 4: Hawthorn Bancshares Director Jonathan Holtaway Reports Stock Sales

Director Jonathan Holtaway reported the sale of Hawthorn Bancshares (HWBK) stock in two transactions on February 10th and 11th, 2025.

Summary

• Jonathan Holtaway, a director of Hawthorn Bancshares, Inc. (HWBK), filed a Form 4 detailing changes in his beneficial ownership of the company's stock.
• On February 10, 2025, Holtaway sold 2,682 shares of common stock at a price of $32.91 per share.
• On February 11, 2025, he sold an additional 116 shares at $32.90 per share.
• Following these transactions, Holtaway indirectly owns 366,482 shares through Ategra Community Financial Institution Fund, LP and 28,500 shares through an IRA.
• Holtaway disclaims beneficial ownership of the shares held by the Fund except to the extent of his pecuniary interest.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock sales by a director. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Stakeholder Impact

• The stock sales by a director could be perceived negatively by shareholders if they interpret it as a lack of confidence in the company's future prospects, potentially leading to a slight decrease in stock price.

Key Dates

Keywords

Form 4, Beneficial Ownership, Stock Sale, Hawthorn Bancshares, HWBK, Holtaway, Director