Form 4: Hawthorn Bancshares Executive Jason E. Schwartz Increases Stake in Company
SEC Form 4 Filing
Jason E. Schwartz, a Senior VP and Chief Credit Officer at Hawthorn Bancshares, recently purchased 1,000 shares of company stock at $21.50 per share.
Summary
- On February 29, 2024, Jason E. Schwartz, a Senior VP and Chief Credit Officer at Hawthorn Bancshares, purchased 1,000 shares of the company's common stock.
- The purchase price was $21.50 per share.
- Following the transaction, Schwartz directly owns 7,938.814 shares and indirectly owns 21,403.1093 shares through a profit-sharing trust.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine disclosure of an insider stock purchase. While insider buying can be seen as a positive signal, it's not necessarily a strong indicator of future performance.
Positives
- An executive increasing their stake in the company can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Form 4 filings are a routine part of regulatory compliance for publicly traded companies and their insiders. They provide transparency into the buying and selling activities of company executives and directors.
Stakeholder Impact
- The stock purchase could have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 02/29/2024 | Date of the stock purchase transaction. |
| 03/01/2024 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.