Hawkins (HWKN) CFO uses 5,675 shares for tax withholding, keeps large stake
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hawkins Inc. executive Jeffrey P. Oldenkamp, Executive VP and CFO, reported a tax-related share disposition rather than an open-market trade. On March 30, 2026, 5,675 shares of common stock were withheld at $151.62 per share to cover tax obligations.
After this withholding, Oldenkamp directly holds 94,383.4839 common shares. He also has an indirect position of 1,495.9607 shares held by an ESOP trustee, which includes 194 shares from the employee stock purchase plan and 32.3552 shares from the dividend reinvestment plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Oldenkamp Jeffrey P.
Role
EXECUTIVE VP AND CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 5,675 | $151.62 | $860K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 94,383.484 shares (Direct);
Common Stock — 1,495.961 shares (Indirect, By ESOP Trustee)
Footnotes (1)
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Key Figures
Tax-withholding shares: 5,675 shares
Tax-withholding price: $151.62 per share
Direct holdings after transaction: 94,383.4839 shares
+3 more
6 metrics
Tax-withholding shares
5,675 shares
Common stock delivered for tax liability on Mar. 30, 2026
Tax-withholding price
$151.62 per share
Valuation used for 5,675-share tax-withholding event
Direct holdings after transaction
94,383.4839 shares
CFO’s direct common stock position following tax withholding
Indirect ESOP holdings
1,495.9607 shares
Common stock held indirectly by ESOP trustee for CFO
ESPP shares included
194 shares
Acquired June–December 2025 under employee stock purchase plan
Dividend reinvestment shares
32.3552 shares
Acquired June 2025–February 2026 via dividend reinvestment plan
Key Terms
tax-withholding disposition, employee stock purchase plan, dividend reinvestment plan, ESOP Trustee
4 terms
tax-withholding disposition financial
"reported a tax-related share disposition rather than an open-market trade"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
employee stock purchase plan financial
"shares acquired June-December 2025 pursuant to the Issuer's employee stock purchase plan"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
dividend reinvestment plan financial
"shares acquired June 2025 - February 2026, pursuant to the Issuer's dividend reinvestment plan"
A dividend reinvestment plan lets shareholders automatically use cash dividends to buy more shares of the same company instead of receiving the money. It matters to investors because it turns regular payouts into a steady way to grow ownership and take advantage of compound returns—like having your savings automatically buy additional slices of a pie over time—while often reducing transaction costs and smoothing purchase timing.
ESOP Trustee financial
"indirect position of 1,495.9607 shares held by an ESOP trustee"
FAQ
What insider transaction did HWKN CFO Jeffrey Oldenkamp report?
Jeffrey Oldenkamp reported a tax-withholding disposition of 5,675 Hawkins (HWKN) shares. The shares were withheld by the company to cover tax liabilities, not sold in the open market, making this a routine administrative transaction rather than a discretionary trade.
What indirect HWKN holdings does the CFO have through the ESOP trustee?
The CFO has an indirect holding of 1,495.9607 Hawkins shares through an ESOP trustee. This includes 194 shares acquired via the employee stock purchase plan and 32.3552 shares acquired via the dividend reinvestment plan over the stated 2025–2026 periods.
Does this HWKN Form 4 indicate an open-market sale by the CFO?
This Form 4 does not show an open-market sale by the CFO. It records a tax-withholding disposition, where 5,675 shares were delivered to cover tax liabilities related to equity compensation rather than voluntarily sold on the stock market.
What does the tax-withholding code F mean in this HWKN Form 4?
Transaction code F indicates payment of tax liability by delivering securities. For Hawkins (HWKN), it shows 5,675 shares were withheld to satisfy taxes on compensation, classifying the event as mechanical tax settlement instead of a discretionary buy or sell decision.