Hawthorn Bancshares (HWBK) director receives 500 RSUs vesting in 2027

Rhea-AI Filing Summary

Eden Douglas Todd reported acquisition or exercise transactions in this Form 4 filing.

Hawthorn Bancshares director Eden Douglas Todd received an equity award of 500 restricted stock units (RSUs) that can be settled only in shares of common stock. The award was granted under the Hawthorn Bancshares, Inc. Equity Incentive Plan at a grant price of $0.00 per share.

The RSUs will fully vest on June 2, 2027, if Todd continues in service through that date. Following the reported positions, he holds 23,174 shares of common stock directly, with additional indirect holdings through a wife’s trust, a son, and a separate trust.

Insider Trade Summary

5 transactions reported

Mixed 5 txns

Insider Eden Douglas Todd

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	500	$0.00	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 500 shares (Direct, null); Common Stock — 76,826 shares (Indirect, By Trust)

Footnotes (1)

1. [object Object]

Key Figures

RSU grant size: 500 RSUs RSU grant price: $0.00 per unit RSU vesting date: June 2, 2027 +4 more

7 metrics

RSU grant size 500 RSUs Equity Incentive Plan award of restricted stock units

RSU grant price $0.00 per unit Grant, award, or other acquisition of RSUs

RSU vesting date June 2, 2027 RSUs fully vest on this date if service continues

Direct common shares 23,174 shares Common stock held directly after reported positions

Wife’s trust shares 572 shares Common stock held indirectly by wife’s trust

Son’s shares 10 shares Common stock held indirectly by son

Trust shares 76,826 shares Common stock held indirectly by trust

Key Terms

restricted stock units, RSUs, Equity Incentive Plan, indirect ownership, +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.

RSUs financial

"The RSUs will fully vest on June 2, 2027, subject to the reporting person's continued service"

RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.

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 ownership financial

"Indirect holdings are reported as By wife's Trust, By son, and By Trust"

grant, award, or other acquisition financial

"transaction_code_description": "Grant, award, or other acquisition""

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED 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^*

Eden Douglas Todd

(Last) (First) (Middle)

13029 SORRENTO WAY

(Street)

BRADENTON FLORIDA 34211

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/02/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/02/2026		A		500	A	$0	500(1)	D
Common Stock								76,826	I	By Trust
Common Stock								10	I	By son
Common Stock								572	I	By wife's Trust
Common Stock								23,174	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. 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.

Remarks:

	/s/ Arla R. Surls, Attorney-in-Fact for Douglas T. Eden	06/04/2026
	** Signature of Reporting Person	Date
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)

FAQ

What insider transaction did Eden Douglas Todd report for HWBK?

Eden Douglas Todd reported receiving an equity award of 500 restricted stock units in Hawthorn Bancshares common stock. These RSUs were granted at $0.00 per share and will settle only in shares of common stock, reflecting compensation rather than an open-market purchase or sale.

When do Eden Douglas Todd’s 500 HWBK RSUs vest?

The 500 restricted stock units granted to Eden Douglas Todd fully vest on June 2, 2027. Vesting is contingent on his continued service with Hawthorn Bancshares through that date, aligning the equity award with long-term commitment and company performance over the vesting period.

How many HWBK shares does Eden Douglas Todd hold directly after this filing?

After the reported positions, Eden Douglas Todd holds 23,174 shares of Hawthorn Bancshares common stock directly. This direct holding is separate from his 500 unvested RSUs and from additional indirect holdings held through a wife’s trust, a son, and another trust.

What indirect HWBK holdings are associated with Eden Douglas Todd?

Indirectly, positions are reported as 572 Hawthorn Bancshares shares held by his wife’s trust, 10 shares held by his son, and 76,826 shares held by a trust. These are distinguished from his 23,174 directly held shares and his separate 500 restricted stock units.

Is Eden Douglas Todd’s HWBK RSU grant an open-market stock purchase?

No, the 500-unit award is a grant of restricted stock units, not an open-market purchase. The RSUs were issued at $0.00 per unit under the company’s Equity Incentive Plan and will convert into common shares only upon vesting on June 2, 2027.