Form 4: Hennessy Advisors CEO Receives Stock Grant
Insider Transaction (Form 4)
Neil J Hennessy, CEO, a Director and 10% owner of Hennessy Advisors Inc, reported multiple transactions in common stock on September 18, 2026.
Summary
- Grant/award: acquired 19,700 Common Stock on September 18, 2026; holds 2,080,812 after (Indirect).
- Tax/exercise-price withholding: disposed of 9,520 Common Stock at $10.38 ($98,823) on September 18, 2026; holds 2,071,291 after (Indirect).
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as routine: the reported changes are grants, option exercises, tax withholding or similar administrative transactions, which carry limited directional signal.
Insider Transactions
Neil J Hennessy — Director, Officer (CEO), 10% owner
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-09-18 | Grant/award | Common Stock | 19,700 | — | — | 2,080,811.5 |
| 2026-09-18 | Tax/exercise-price withholding | Common Stock | 9,520.5 | $10 | $98.8K | 2,071,291 |
Key Dates
| Date | Description |
|---|---|
| 2026-09-18 | Grant/award (19,700 shares) |
| 2026-09-18 | Tax/exercise-price withholding (9,520 shares) |
Keywords
insider transaction, Form 4, HNNA, HENNESSY ADVISORS INC, neutral, Neil J Hennessy
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