Form 4: Hennessy Advisors COO Receives Stock Grant
Insider Transaction (Form 4)
Teresa M Nilsen, President, COO and Secretary and a Director 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 170,522 after (Direct).
- Tax/exercise-price withholding: disposed of 9,520 Common Stock at $10.38 ($98,823) on September 18, 2026; holds 161,002 after (Direct).
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
Teresa M Nilsen — Director, Officer (President, COO and Secretary)
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-09-18 | Grant/award | Common Stock | 19,700 | — | — | 170,522.5 |
| 2026-09-18 | Tax/exercise-price withholding | Common Stock | 9,520.5 | $10 | $98.8K | 161,002 |
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, Teresa M Nilsen
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