Form 4: Hawthorn Bancshares Executive Acquires Shares and Holds Restricted Stock Units

Christopher Eugene Hafner, Sr. VP/Chief Financial Officer of Hawthorn Bancshares, reports acquisition of common stock and holdings of restricted stock units.

Summary

• Christopher Eugene Hafner, a Senior VP/Chief Financial Officer at Hawthorn Bancshares, filed a Form 4.
• The filing indicates that Hafner acquired 1,000 shares of common stock on February 20, 2025.
• Following the transaction, Hafner directly owns 3,000 shares of common stock.
• Hafner also indirectly owns 714.89 shares through a Profit Sharing Trust.
• The 3,000 shares include unvested restricted stock units (RSUs) that will vest over the next few years.
• 667 units vest on December 8, 2025; 333 units on February 20, 2026; 666 units on December 8, 2026; 333 units on February 20, 2027 and 334 units on February 20, 2028.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral.

Positives

• The acquisition of shares by a high-ranking officer could be seen as a positive signal about their confidence in the company's future.

Future Outlook

The document outlines the vesting schedule for restricted stock units, indicating future equity compensation for the reporting person.

Industry Context

Form 4 filings are a routine part of regulatory compliance for publicly traded companies, providing transparency into the transactions of company insiders.

Stakeholder Impact

• Shareholders may view the insider's stock acquisition as a positive sign.
• The vesting of RSUs impacts the executive's compensation and alignment with company performance.

Key Dates

Keywords

Form 4, insider trading, stock acquisition, restricted stock units, HAWBK, Hawthorn Bancshares, Hafner, Profit Sharing Trust