Hawthorn Bancshares director granted 500 RSUs
TURNER DAVID T reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
TURNER DAVID T reported acquisition or exercise transactions in this Form 4 filing.
HAWTHORN BANCSHARES, INC. director David T. Turner received a grant of 500 shares of Common Stock on June 2, 2026, structured as restricted stock units under the company’s Equity Incentive Plan at a price of $0.00 per share. These RSUs will fully vest on June 2, 2027, subject to his continued service through that date.
Following this filing, Turner holds 50,341.025 shares of Common Stock directly and 63,410.040 shares indirectly through a Profit Sharing Trust. The indirect and direct holdings also reflect shares accumulated since the prior report under the company’s dividend reinvestment (DRIP) program.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 500 shares
Grant/Award
3 txns
Insider
TURNER DAVID T
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 500 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 50,841.025 shares (Direct);
Common Stock — 63,410.04 shares (Indirect, By Profit Sharing Trust)
Footnotes (2)
- F1. Represents unvested restricted stock units ("RSUs") granted under the Hawthorn Bancshares, Inc. Equity Incentive Plan that can be settled only in shares of Common Stock. The RSUs will fully vest on June 2, 2027, subject to the reporting person's continued service through the vesting date.
- F2. Includes shares acquired since the last report pursuant to the Company's DRIP program.
Key Figures
RSU grant size: 500 shares
RSU grant price: $0.00 per share
RSU vesting date: June 2, 2027
+2 more
5 metrics
RSU grant size
500 shares
Restricted stock units of Common Stock granted on June 2, 2026
RSU grant price
$0.00 per share
Equity Incentive Plan award price for 500 RSUs
RSU vesting date
June 2, 2027
Grant vests in full, subject to continued service
Direct holdings after filing
50,341.025 shares
Common Stock held directly by David T. Turner
Indirect holdings after filing
63,410.040 shares
Common Stock held indirectly via Profit Sharing Trust
Key Terms
restricted stock units ("RSUs"), Equity Incentive Plan, Profit Sharing Trust, DRIP program
4 terms
restricted stock units ("RSUs") financial
"Represents unvested restricted stock units ("RSUs") granted under the Hawthorn Bancshares, Inc. Equity Incentive Plan"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
Equity Incentive Plan financial
"RSUs 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.
Profit Sharing Trust financial
"Common Stock ... indirect ... nature_of_ownership: By Profit Sharing Trust"
DRIP program financial
"Includes shares acquired since the last report pursuant to the Company's DRIP program."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did HWBK director David T. Turner report?
David T. Turner reported receiving 500 restricted stock units of HWBK Common Stock as a grant under the company’s Equity Incentive Plan. The award is a compensation-related acquisition, not an open-market purchase, and carries an exercise price of $0.00 per share.
When do David T. Turner’s newly granted HWBK RSUs vest?
The 500 restricted stock units granted to David T. Turner will fully vest on June 2, 2027. Vesting is conditioned on his continued service with Hawthorn Bancshares through that vesting date, making this a time-based equity incentive award.
What are David T. Turner’s indirect HWBK holdings through the Profit Sharing Trust?
Turner indirectly holds 63,410.040 shares of Hawthorn Bancshares Common Stock through a Profit Sharing Trust. These indirect holdings are reported separately from his personal direct ownership, providing a clearer view of total share exposure associated with him.
AI-generated analysis. How Rhea-AI works. Not financial advice.
