STOCK TITAN

Hawthorn Bancshares (HWBK) director buys stock on Aug. 26–27

(Neutral)
(Positive)
Form Type
4

Rhea-AI Filing Summary

HAWTHORN BANCSHARES, INC. (HWBK) director Shawna M. Hettinger reported open-market purchases of the company’s Common Stock. On August 26, 2026, she purchased 645.161 shares at a weighted average price of $38.75 per share, from prices ranging between $38.62 and $38.75. On August 27, 2026, she purchased 654.448 shares at a weighted average price of $38.20 per share, from prices ranging between $38.20 and $38.28. The filing also notes unvested restricted stock units granted under the Hawthorn Bancshares, Inc. Equity Incentive Plan that will fully vest on June 2, 2027.

Positive

  • None.

Negative

  • None.
Insider Hettinger Shawna M.
Role Director
Bought 1,299.609 shs ($50K)
Type Security Shares Price Value
Purchase Common Stock F2 654.448 $38.20 $25K
Purchase Common Stock F1 645.161 $38.75 $25K
holding Common Stock F3 -- -- --
Holdings After Transaction: Common Stock — 5,923.609 shares (Direct)
Footnotes (3)
  1. F1. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions ranging from $38.62 to $38.75 inclusive. The reporting person undertakes to provide to Hawthorn Bancshares, Inc. any security holding of Hawthorn Bancshares, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth above.
  2. F2. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions ranging from $38.20 to $38.28 inclusive. The reporting person undertakes to provide to Hawthorn Bancshares, Inc. any security holding of Hawthorn Bancshares, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth above.
  3. F3. 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.
Shares purchased August 26, 2026 645.161 shares of Common Stock Open-market purchase by director at weighted average price
Weighted average price August 26, 2026 $38.75 per share Multiple transactions ranging from $38.62 to $38.75
Shares purchased August 27, 2026 654.448 shares of Common Stock Open-market purchase by director at weighted average price
Weighted average price August 27, 2026 $38.20 per share Multiple transactions ranging from $38.20 to $38.28
Total shares purchased in reported transactions 1,299.609 shares of Common Stock Sum of the two reported open-market purchases
RSU vesting date June 2, 2027 Unvested RSUs under Equity Incentive Plan will fully vest on this date
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
restricted stock units financial
"Represents unvested restricted stock units ("RSUs") granted under the Hawthorn"
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"
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.

FAQ

What insider transactions did HWBK director Shawna M. Hettinger report?

She reported two open-market purchases of Hawthorn Bancshares Common Stock: 645.161 shares on August 26, 2026 at a weighted average price of $38.75, and 654.448 shares on August 27, 2026 at a weighted average price of $38.20.

How many HWBK shares did Shawna M. Hettinger buy in total in this Form 4?

Across the reported transactions, Shawna M. Hettinger purchased a total of 1,299.609 shares of Hawthorn Bancshares Common Stock in open-market transactions on August 26 and 27, 2026.

What price range was paid for HWBK shares on August 26, 2026?

On August 26, 2026, the weighted average price reported was $38.75 per share, with individual purchase prices in multiple transactions ranging from $38.62 to $38.75 inclusive.

What price range was paid for HWBK shares on August 27, 2026?

On August 27, 2026, the weighted average price reported was $38.20 per share, with individual purchase prices in multiple transactions ranging from $38.20 to $38.28 inclusive.

What equity awards for HWBK does Shawna M. Hettinger have outstanding?

The filing states she holds unvested restricted stock units (RSUs) granted under the Hawthorn Bancshares, Inc. Equity Incentive Plan, which can be settled only in Common Stock and will fully vest on June 2, 2027.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Hettinger Shawna M.

(Last)(First)(Middle)
C/O HAWTHORN BANCSHARES, INC.
PO BOX 688

(Street)
JEFFERSON CITY MISSOURI 65102-0688

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
HAWTHORN BANCSHARES, INC. [ HWBK ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/26/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock08/26/2026P645.161A$38.75(1)4,769.161D
Common Stock08/27/2026P654.448A$38.2(2)5,423.609D
Common Stock500(3)D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions ranging from $38.62 to $38.75 inclusive. The reporting person undertakes to provide to Hawthorn Bancshares, Inc. any security holding of Hawthorn Bancshares, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth above.
2. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions ranging from $38.20 to $38.28 inclusive. The reporting person undertakes to provide to Hawthorn Bancshares, Inc. any security holding of Hawthorn Bancshares, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth above.
3. 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.
Remarks:
/s/ Arla R. Surls, Attorney-in-Fact, for Shawna M. Hettinger08/28/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)