Lydia D. Knight O'Riordan, a director of Hennessy Advisors Inc. (ticker reported as HNNA in the filing), acquired 5,600 shares/stock units on 09/18/2025 at a reported price of $0, increasing her total beneficial ownership to 21,300 shares.
The filing notes these 5,600 units will vest 25% per year beginning on 09/18/2026. The Form 4 was signed on behalf of the reporting person by an attorney-in-fact on 09/19/2025 and was filed as a single reporting person disclosure.
Kiera M. Newton, a director of Hennessy Advisors Inc (HNNA), reported an acquisition of 5,600 shares of Common Stock on 09/18/2025 increasing her beneficial ownership to 17,258 shares. The filing shows the 5,600 shares are stock units that will vest 25% per year beginning on September 18, 2026, indicating a four-year vesting schedule. The reported transaction was recorded on Form 4 and executed through an attorney-in-fact.
Daniel G. Libarle, an officer of Hennessy Advisors Inc. (ticker shown as HNNA), was granted 2,800 common stock units on 09/18/2025. The units were reported at a price of $0 and are held indirectly by a trust; following the grant he beneficially owns 63,810 shares indirectly. The filing states the 2,800 units will vest 25% per year beginning September 18, 2026, indicating a four-year vesting schedule. The Form 4 was signed by an attorney-in-fact on 09/19/2025. The transaction appears to be a routine officer equity award documented under Section 16 disclosures.
Rodger D. Offenbach filed a Form 4 reporting changes in his beneficial ownership of Hennessy Advisors Inc. On 09/18/2025 he is shown as acquiring 2,800 shares of Common Stock at a reported price of $0, bringing his total beneficial ownership to 113,298 shares, held indirectly by a trust. The filing notes the 2,800 shares are underlying stock units that will vest 25% per year beginning September 18, 2026. The form also shows a reported disposition entry of 9,577 shares with an explanatory note that 675 shares previously reported as indirect are now reported as direct due to an administrative correction and that there was no transaction for those 675 shares. The form is signed by an attorney-in-fact on 09/19/2025.