Form 4: Hawthorn Bancshares Director Jonathan Holtaway Sells Shares

Director Jonathan Holtaway of Hawthorn Bancshares sold a total of 9,670 shares of common stock in two transactions.

Summary

• Jonathan Holtaway, a director at Hawthorn Bancshares, sold 5,053 shares of common stock on November 13, 2024, at a price of $28.57 per share.
• He then sold an additional 4,617 shares on November 14, 2024, at $28.62 per share.
• These sales were executed through Ategra Community Financial Institution Fund, LP, where Holtaway has a managing role.
• Following these transactions, Holtaway indirectly owns 397,843 shares through the fund and 28,500 shares through an IRA.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock sales by a director. It does not contain any information that would indicate a positive or negative sentiment.

Industry Context

This is a routine filing related to insider trading activity, which is common for directors and officers of publicly traded companies. It does not indicate any specific trend in the banking industry.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, and this filing is consistent with those requirements.
• The transactions are relatively small compared to the overall market capitalization of Hawthorn Bancshares, and are not unusual for a director's trading activity.

Stakeholder Impact

• The stock sales by a director could have a minor negative impact on shareholder sentiment, but the volume of shares sold is not significant enough to cause a major price movement.

Key Dates

Keywords

Hawthorn Bancshares, Director, Stock Sale, Form 4, Jonathan Holtaway, Ategra Community Financial Institution Fund, Share Transaction