STOCK TITAN

Hawkins (HWKN) VP has 3,818 shares withheld to cover tax obligations

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

Rhea-AI Filing Summary

Hawkins Inc. vice president of operations Drew M. Grahek had 3,818 shares of common stock withheld to cover tax obligations. The shares were valued at $151.62 each and this was not an open-market sale but a tax-withholding disposition related to equity compensation.

After this withholding, he directly holds 34,438.5051 Hawkins shares and indirectly holds 905.4307 shares through an ESOP trustee. A footnote notes that his direct holdings include 68 shares from an employee stock purchase plan and 4.1145 shares from a dividend reinvestment plan.

Positive

  • None.

Negative

  • None.
Insider Grahek Drew M.
Role VICE PRESIDENT OF OPERATIONS
Type Security Shares Price Value
Tax Withholding Common Stock 3,818 $151.62 $579K
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 34,438.505 shares (Direct); Common Stock — 905.431 shares (Indirect, By ESOP Trustee)
Footnotes (1)
  1. [object Object]
Tax-withholding shares 3,818 shares Common stock withheld for tax obligations on 2026-03-30
Withholding share value $151.62 per share Value used for 3,818 withheld shares
Direct holdings after transaction 34,438.5051 shares Direct Hawkins common stock owned following tax withholding
Indirect ESOP holdings 905.4307 shares Indirect holdings reported as By ESOP Trustee
ESPP shares acquired 68 shares Acquired on 2025-12-31 via employee stock purchase plan
Dividend reinvestment shares 4.1145 shares Acquired on 2026-02-27 via dividend reinvestment plan
tax-withholding disposition financial
"had 3,818 shares of common stock withheld to cover tax obligations"
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
"68 shares acquired on December 31, 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
"4.1145 shares acquired on February 27, 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
"total_shares_following_transaction": "905.4307", "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*
Grahek Drew M.

(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)
VICE PRESIDENT OF OPERATIONS
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 Stock03/30/2026F3,818D$151.6234,438.5051(1)D
Common Stock905.4307IBy ESOP Trustee
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 68 shares acquired on December 31, 2025 pursuant to the Issuer's employee stock purchase plan and 4.1145 shares acquired on February 27, 2026 pursuant to the Issuer's dividend reinvestment 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 insider transaction did Hawkins (HWKN) report for Drew M. Grahek?

Hawkins reported that vice president of operations Drew M. Grahek had 3,818 common shares withheld for taxes. This Form 4 event reflects a tax-withholding disposition tied to equity compensation, not an open-market purchase or sale of Hawkins stock.

Was the Hawkins (HWKN) Form 4 a stock sale by the insider?

The Form 4 does not show an open-market sale. Instead, 3,818 shares were withheld at $151.62 per share to satisfy tax obligations on equity compensation, a routine, non-discretionary transaction often seen when restricted stock or similar awards vest.

How many Hawkins (HWKN) shares does Drew M. Grahek hold after the transaction?

After the tax-withholding event, Drew M. Grahek directly holds 34,438.5051 Hawkins common shares. He also has 905.4307 shares held indirectly through an ESOP trustee, giving investors a clearer view of his remaining equity exposure to the company.

What price was used for the Hawkins (HWKN) tax-withholding shares?

The 3,818 withheld shares were valued at $151.62 each for tax purposes. This price is used to calculate the value of stock surrendered to satisfy tax liabilities related to equity compensation, rather than representing a negotiated market trade.

What additional Hawkins (HWKN) shares are mentioned in the Form 4 footnote?

The footnote explains that Grahek’s direct holdings include 68 shares acquired on December 31, 2025 via the employee stock purchase plan and 4.1145 shares acquired on February 27, 2026 through the dividend reinvestment plan, both reflecting ongoing participation in company share programs.

How are indirect Hawkins (HWKN) holdings reported for Drew M. Grahek?

The filing shows 905.4307 Hawkins shares reported as indirectly held “By ESOP Trustee.” This indicates the position is held through an employee stock ownership plan structure, which is disclosed separately from Grahek’s directly owned common shares on the Form 4.