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Hawthorn Bancshares, Inc. Stock: price and insider trades · United States
1 insider bought €43k of shares over the last 90 days, the latest by Hettinger Shawna M., filed 28 Aug 2026.
Hawthorn Bancshares, Inc.: what insiders have been doing
This page follows insider dealings at Hawthorn Bancshares, Inc. as filed with SEC (Form 4), a company from the Finance & Banking sector. The last twelve months, up to 22 October 2026, brought 6 filings signed by 5 insiders.
No insider sold shares on the market over the period. Instead, the filings list 2 purchases totalling €43k, made by 1 insider. Open-market purchases are the filings investors watch most closely, because the insider pays for the shares out of pocket. One trade stands out by size: a purchase of €21k from Hettinger Shawna M., disclosed on 28 August 2026, or 0.0088% of market capitalisation. On the buying side, the filings list 1 senior executive among the declarants.
Across the 5,453 companies tracked on its exchange, the median is 22 filings; at 6 filings, this issuer sits below that mark. Since 2016, the database holds 116 purchases and 19 sales by insiders of the company. On the fundamentals side, the SEC filing (10-K) for the period ending 31 December 2025 lists net income at 23.8 m USD.
The last purchase on record was published on 28 August 2026, which is 57 days ago. The median gap between a trade and its publication by SEC (Form 4) is 2 days. For comparison, the SEC allows two business days to file a Form 4.
This summary is built from SEC (Form 4) disclosures alone and does not predict where the share price will go.
Insider Decl.
150
Thresholds
n/a
Buy Volume
€3M
116 ops. · all time
Sell Volume
€2M
19 ops. · all time
Who traded when
BuySaleJonathan Holtaway18 sales
Shawna M. Hettinger2 buys
Brent M. Giles1 buy
Frank E. Burkhead1 sale
Since the insiders bought
- -1.6%Entry US$38.91 · Close 21 Oct 2026 US$38.27
- +17.5%Entry US$28.51 · Close at T+365 US$33.49
- +46.7%Entry US$22.49 · Close at T+365 US$33.00
Entry is the close on the day after publication, the first price a reader could act on. Prices in the listing currency. Past moves are not a forecast.
This score ranks the purchase within its own market. A position size is suggested only on the venues of the backtested strategy universe; elsewhere, signals stay on watch. Not investment advice.
Fundamental score
Ranked 812 of 26,284 companies
81.8
score / 100
Value78
Quality85
FCF yld8.1%
Earn yld8.4%
EV/EBITDA·
ROE15%
Gross mgn·
Net mgn30%
Debt/EBITDA·
Pillars2/3
Transparent value + quality ranking, distinct from the insider signal.
Financial data
as of FY 2025FY ended December 2025 · cache
US$38.71
Analyst consensus
Income statement
RevenueUS$80.3M
Net incomeUS$23.8M30.2% margin
Valuation
PER (trailing)10.5x
P/Book1.5x
Beta0.48
Balance sheet & cash
Market capUS$283.1M
Total debtUS$155.5M
Free Cash FlowUS$22.8M
Profitability & ownership
ROE15.0%
ROA1.4%
% insiders17.1%
% institutions30.7%
Last declaration on 28 August 2026
Declarations150 total
645.161 shares@ US$38.750.0087% mcap17.5% of flowCommon StockSEC:0001949215-26-000004:0
Canonical exit: 24 Nov 2026 (T+90)
654.448 shares@ US$38.200.0088% mcap17.6% of flowCommon StockSEC:0001949215-26-000004:1
Canonical exit: 25 Nov 2026 (T+90)
500 shares0Common StockSEC:0000893847-26-000070:0
500 shares0Common StockSEC:0002134573-26-000002:0
500 shares0Common StockSEC:0001616228-26-000002:0
500 shares0Common StockSEC:0001196015-26-000002:0
8,174 shares0Common StockSEC:0001355435-25-000006:0
700 shares@ US$25.8416.7% of flowCommon StockSEC:0001355435-25-000004:0
Canonical exit: 9 Jun 2025 (T+90)
1,158 shares@ US$31.76Common StockSEC:0001770553-25-000010:1
19,723 shares@ US$31.04Common StockSEC:0001770553-25-000010:2
568 shares@ US$32.051.2% of flowCommon StockSEC:0001770553-25-000010:0
702 shares@ US$33.62Common StockSEC:0001770553-25-000008:1
1,941 shares@ US$33.754.2% of flowCommon StockSEC:0001770553-25-000008:0
1,000 shares0Common StockSEC:0001998412-25-000004:0
116 shares@ US$32.90Common StockSEC:0001770553-25-000006:1
2,682 shares@ US$32.915.7% of flowCommon StockSEC:0001770553-25-000006:0
839 shares@ US$32.85Common StockSEC:0001770553-25-000004:1
6,604 shares@ US$32.9714.0% of flowCommon StockSEC:0001770553-25-000004:0
3,707 shares@ US$32.90Common StockSEC:0001770553-25-000002:1
1,761 shares@ US$32.783.8% of flowCommon StockSEC:0001770553-25-000002:0
7,424 shares@ US$32.0515.0% of flowCommon StockSEC:0001770553-24-000021:0
389 shares@ US$32.05Common StockSEC:0001770553-24-000019:1
1,015 shares@ US$32.252.1% of flowCommon StockSEC:0001770553-24-000019:0
5,007 shares@ US$31.99Common StockSEC:0001770553-24-000017:1
3,000 shares@ US$31.865162.2% of flowCommon StockSEC:0001616228-24-000008:0
25 of 150 declarations
About Hawthorn Bancshares, Inc.
Hawthorn Bancshares, Inc. is a U.S.-listed regional bank holding company trading on the NASDAQ under the symbol HWBK. The company was incorporated in Missouri on October 23, 1992, originally as Exchange National Bancshares, Inc., and changed its name to Hawthorn Bancshares, Inc. in August 2007. Its headquarters are in Jefferson City, Missouri, and its operating subsidiary is Hawthorn Bank. For investors, the business is best viewed as a community and regional banking franchise rather than a large national institution, with earnings tied to local deposit gathering, lending, and relationship-based financial services. ([sec.gov](https://www.sec.gov/Archives/edgar/data/893847/000089384725000002/hwbk-20241231.htm?utm_source=openai))
Hawthorn’s core model is straightforward: traditional banking plus selective fee-based services. Through Hawthorn Bank, the company provides a broad set of products for individuals, small and mid-sized businesses, and local commercial clients. On the lending side, the bank offers commercial loans, commercial real estate lending, Small Business Administration loans, equipment financing, mortgage lending, installment loans, and consumer credit. On the deposit side, it offers checking accounts, savings accounts, money market accounts, certificates of deposit, and other time deposits. Management also highlights wealth management as an expanding business line, indicating a modest but important move toward revenue diversification beyond spread income. ([sec.gov](https://www.sec.gov/Archives/edgar/data/893847/000089384724000011/hwbk-20240331.htm?utm_source=openai))
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Geographically, Hawthorn is concentrated in the Midwestern United States, with a footprint centered on Missouri. The company serves communities in and around Jefferson City, Columbia, Clinton, Warsaw, Springfield, and the greater Kansas City metropolitan area. A notable recent step was the opening of a new banking center in Overland Park in February 2026, which became Hawthorn Bank’s first location in Kansas and expanded its presence in the Kansas City metro area. That move suggests an incremental growth strategy built around adjacent markets rather than broad national expansion. ([sec.gov](https://www.sec.gov/Archives/edgar/data/893847/000089384724000011/hwbk-20240331.htm?utm_source=openai))
From a competitive standpoint, Hawthorn Bancshares occupies the niche of a relationship-driven community bank. Its competitive strengths typically come from local market knowledge, faster credit decisioning, and a diversified mix of consumer, business, and commercial real estate lending. At the same time, it competes against other community banks, larger regional banks, and national institutions with greater scale and technology budgets. Recent operating updates indicate improving momentum: the company reported full-year 2025 net income of $23.8 million, up from 2024, along with a higher fully taxable equivalent net interest margin of 3.89%. In January 2026, the board also increased the quarterly cash dividend by 5% to $0.21 per share. In April 2026, Hawthorn announced an agreement to acquire FSC Bancshares, with Farmers State Bank expected to merge into Hawthorn Bank following completion, a transaction that could broaden its regional banking platform if consummated. ([sec.gov](https://www.sec.gov/Archives/edgar/data/893847/000089384726000004/a10k2025earnings-ex9911225.htm?utm_source=openai))
