Hawthorn Bancshares (HWBK) director awarded 500 RSUs vesting 2027
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
HAWTHORN BANCSHARES, INC. director Kevin L. Riley reported an equity compensation grant and updated his holdings. He received 500 restricted stock units (RSUs) that can be settled only in Common Stock, awarded at $0.00 per share as a grant or award acquisition.
According to the footnote, these RSUs will fully vest on June 2, 2027, subject to his continued service through that date. After this grant, he holds 500 shares directly linked to this award and also reports 36,645.673 shares of Common Stock held indirectly through a trust. This filing reflects routine, compensation-related equity awards rather than open‑market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
RILEY KEVIN L
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 500 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 500 shares (Direct, null);
Common Stock — 36,645.673 shares (Indirect, Trust)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 500 units
Grant price: $0.00 per share
Direct shares after grant: 500 shares
+2 more
5 metrics
RSU grant size
500 units
Restricted stock units granted to Kevin L. Riley
Grant price
$0.00 per share
Price per share for the RSU award
Direct shares after grant
500 shares
Total Common Stock directly owned following the RSU award
Indirect trust holdings
36,645.673 shares
Common Stock held indirectly through a trust
RSU vesting date
June 2, 2027
Full vesting date subject to continued service
Key Terms
restricted stock units, Equity Incentive Plan, indirect, Trust, +1 more
5 terms
restricted stock units financial
"Represents unvested restricted stock units ("RSUs") granted under the Hawthorn Bancshares, Inc. Equity Incentive Plan"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Equity Incentive Plan financial
"granted under the Hawthorn Bancshares, Inc. Equity Incentive Plan that can be settled only in shares"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
indirect financial
"total_shares_following_transaction: 36645.6730 ... ownership_type: "indirect" ... nature_of_ownership: "Trust""
Trust financial
"direct_or_indirect: "I" ... nature_of_ownership: "Trust""
A trust is a legal setup in which one party (the trustee) holds and manages assets—like cash, stocks or property—on behalf of other people (beneficiaries) according to instructions from the person who created it (the grantor). Think of it as a locked box with a keyholder who must follow written rules; for investors it matters because trusts influence who controls and benefits from assets, affect taxes and succession, and can change how quickly or transparently shares are bought, sold or voted.
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition" for the 500.0000-share entry"
