Form 4: Hawthorn Bancshares Insider Transaction: Holtaway Acquires Shares Through Ategra Fund
Insider Transaction Filing
Jonathan Holtaway, an insider at Hawthorn Bancshares, acquired 7,424 shares of common stock at $32.05 per share through the Ategra Community Financial Institution Fund, LP.
Summary
- Jonathan Holtaway, an insider at Hawthorn Bancshares, acquired 7,424 shares of common stock.
- The shares were purchased at a price of $32.05 per share.
- The total value of the transaction was $382,191.
- The acquisition was made through the Ategra Community Financial Institution Fund, LP.
- Holtaway serves as an owner and managing member of the general partner of the Ategra Fund, as well as an owner, president, and managing member of the registered investment advisor that manages the Fund.
- He also acts as co-portfolio manager of the Fund.
- Holtaway disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive as insider buying can be a positive signal, but the transaction is not large enough to significantly impact the stock.
Positives
- Insider buying can be seen as a positive signal, indicating confidence in the company's future prospects.
Management Comments
- The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest.
Industry Context
This transaction is a routine insider filing and does not indicate any specific trend in the banking industry.
Comparison to Industry Standards
- Insider transactions are common in publicly traded companies and are generally viewed as a normal part of market activity.
- The size of this transaction is relatively small compared to the overall market capitalization of Hawthorn Bancshares.
Stakeholder Impact
- The transaction may have a minor positive impact on shareholder sentiment due to insider buying.
Key Dates
| Date | Description |
|---|---|
| 2024-12-10 | Date of the transaction where 7,424 shares were acquired. |
| 2024-12-12 | Date of the filing of the transaction. |
Keywords
Hawthorn Bancshares, Insider Transaction, Stock Acquisition, Ategra Community Financial Institution Fund, Jonathan Holtaway, Common Stock
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.