Jonathan Holtaway

Jonathan Holtaway (board member) discloses dealings in Hawthorn Bancshares, Inc. to SEC (Form 4). Between 10 August 2020 and 28 February 2025, the trades on record add up to 29 filings.

Market trades split into 11 purchases (€1.2M) and 18 sales (€2.0M). On balance, insiders were net sellers of €767k. Open-market purchases are the filings investors watch most closely, because the insider pays for the shares out of pocket. So far in 2025, the count stands at no purchases and 11 sales.

Half of the purchases are above €96k and half below. Clusters matter here: 11 out of 11 purchases overlapped with buying by a colleague within 30 days. A cluster is several different insiders buying the same stock within a short window, a pattern studied more closely than a single purchase.

On 28 February 2025 came the latest disclosure, an open-market sale for €35k in Hawthorn Bancshares, Inc. The latest purchase dates back some time: it was published 893 days ago, on 14 May 2024. The median gap between a trade and its publication by SEC (Form 4) is 2 days. Section 16 rules allow two business days to file each Form 4. Keep in mind that insiders sell for many reasons unrelated to the outlook, from tax bills to estate planning. This summary is built from SEC (Form 4) disclosures alone and does not predict where the share price will go.