Hawthorn Bancshares director awarded 500 RSUs
Burcham James Grant reported acquisition or exercise transactions in this Form 4 filing.
Accepted by SEC EDGAR
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Form Type
4
Rhea-AI Filing Summary
Burcham James Grant reported acquisition or exercise transactions in this Form 4 filing.
HAWTHORN BANCSHARES, INC. director James Grant Burcham reported an award of 500 shares of Common Stock in the form of restricted stock units. These RSUs were granted at no cash cost to him and are part of the company’s Equity Incentive Plan. The units will fully vest on June 2, 2027, provided he continues in service until that date, and his direct holdings reported in this filing total 500 shares tied to this award.
Insider Trade Summary
Grant/Award: 500 shares
Grant/Award
1 txn
Insider
Burcham James Grant
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 500 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 500 shares (Direct)
Holdings Before and After:
Common Stock, 0 to 500 shares (Direct)
Footnotes (1)
- 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.
Key Figures
RSU grant size: 500 shares
Grant price: $0.00 per share
Shares after transaction: 500 shares
+1 more
4 metrics
RSU grant size
500 shares
Restricted stock units granted to director on June 2, 2026
Grant price
$0.00 per share
Stock-based compensation, not an open-market purchase
Shares after transaction
500 shares
Total direct position reported following RSU grant
Vesting date
June 2, 2027
RSUs vest if service continues through this date
Key Terms
restricted stock units, Equity Incentive Plan, vest, Common Stock
4 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.
vest financial
"The RSUs will fully vest on June 2, 2027, subject to the reporting person's continued service"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
Common Stock financial
"can be settled only in shares of Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did HWBK director James Grant Burcham report?
He reported receiving an award of 500 restricted stock units of HWBK Common Stock. The units were granted at no cash cost as part of the company’s Equity Incentive Plan, reflecting stock-based compensation rather than an open-market purchase.
What type of security did James Grant Burcham acquire in this HWBK Form 4?
He acquired restricted stock units that can only be settled in shares of HWBK Common Stock. These RSUs are granted under Hawthorn Bancshares, Inc.’s Equity Incentive Plan and represent a form of stock-based compensation tied to future vesting.
Does James Grant Burcham’s HWBK Form 4 reflect an open-market stock purchase?
No, the filing reflects a grant of 500 restricted stock units at a price of $0.00 per share. This indicates a compensation-related award under the Equity Incentive Plan, not a discretionary open-market purchase of HWBK shares.
When will James Grant Burcham’s HWBK restricted stock units vest?
The restricted stock units will fully vest on June 2, 2027, according to the filing. Vesting is subject to his continued service with Hawthorn Bancshares, Inc. through that vesting date as described in the footnote to the transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.
