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Hawkins (HWKN) VP Mangine reports 3,493-share tax-withholding, holds over 25,800 shares

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Hawkins Inc. vice president David J. Mangine had shares withheld to cover taxes, not as an open-market sale. On March 30, 2026, 3,493 shares of common stock were disposed of at $151.62 per share as a tax-withholding transaction related to equity compensation.

After this, he held 25,857.2393 shares directly, plus 9,780.2010 shares held indirectly through an ESOP trustee and 29.7290 shares held indirectly through a trust. A footnote notes additional shares previously acquired via dividend reinvestment and the employee stock purchase plan.

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Insider Mangine David J.
Role VP-INDUSTRIAL SOLUTIONS GROUP
Type Security Shares Price Value
Tax Withholding Common Stock 3,493 $151.62 $530K
holding Common Stock -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 25,857.239 shares (Direct); Common Stock — 9,780.201 shares (Indirect, By ESOP Trustee)
Footnotes (1)
  1. [object Object]
Tax-withholding shares 3,493 shares Common Stock disposed for tax withholding on March 30, 2026
Tax-withholding price $151.62 per share Value used for 3,493-share tax-withholding disposition
Direct holdings after transaction 25,857.2393 shares Common Stock held directly following tax withholding
Indirect ESOP holdings 9,780.2010 shares Common Stock held indirectly by ESOP trustee
Indirect trust holdings 29.7290 shares Common Stock held indirectly by trust
Dividend reinvestment plan shares 51.9814 shares Acquired June 2025–February 2026 via dividend reinvestment plan
Employee stock purchase plan shares 194 shares Acquired June–December 2025 via employee stock purchase plan
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
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
"194 shares acquired in 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
"51.9814 shares acquired in 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
"nature_of_ownership": "By ESOP Trustee""
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*
Mangine David J.

(Last)(First)(Middle)
2381 ROSEGATE

(Street)
ROSEVILLE MINNESOTA 55113

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
HAWKINS INC [ HWKN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
VP-INDUSTRIAL SOLUTIONS GROUP
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/30/2026
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 Stock03/30/2026F3,493D$151.6225,857.2393(1)D
Common Stock9,780.201IBy ESOP Trustee
Common Stock29.729IBy Trust
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. Includes 51.9814 shares acquired in June 2025-February 2026 pursuant to the Issuer's dividend reinvestment plan and 194 shares acquired in June-December 2025 pursuant to the Issuer's employee stock purchase plan.
/s/ Joshua L. Colburn, Attorney-in-Fact04/01/2026
** 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)

FAQ

What did HWKN executive David J. Mangine report in this Form 4?

David J. Mangine reported a tax-withholding disposition of 3,493 Hawkins (HWKN) shares. The shares were withheld at $151.62 each to satisfy tax obligations tied to equity compensation, rather than sold in the open market.

Was the HWKN Form 4 transaction an open-market sale of shares?

No, the HWKN Form 4 shows a tax-withholding disposition, not an open-market sale. 3,493 shares were delivered at $151.62 per share to cover tax liabilities associated with equity awards, a routine administrative transaction.

How many HWKN shares does David J. Mangine hold after this Form 4?

After the reported transaction, David J. Mangine holds 25,857.2393 HWKN shares directly. He also has 9,780.2010 shares held indirectly through an ESOP trustee and 29.7290 shares held indirectly through a trust, according to the filing.

What price per share was used in the HWKN tax-withholding transaction?

The tax-withholding disposition used a price of $151.62 per HWKN share. This price is applied to the 3,493 shares delivered to satisfy tax obligations linked to Mangine’s equity compensation, as disclosed in the Form 4 details.

What does the footnote in the HWKN Form 4 say about additional share acquisitions?

The footnote states that holdings include 51.9814 shares acquired under a dividend reinvestment plan and 194 shares acquired under an employee stock purchase plan between June 2025 and February 2026, all within Hawkins’ employee-related programs.

How are indirect HWKN share holdings structured for David J. Mangine?

Indirect HWKN holdings are split between 9,780.2010 shares held "By ESOP Trustee" and 29.7290 shares held "By Trust". These entries indicate shares are owned through benefit and trust arrangements rather than directly in Mangine’s personal name.
Hawkins

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3.17B
19.13M
Specialty Chemicals
Wholesale-chemicals & Allied Products
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United States
ROSEVILLE