HAWTHORN BANCSHARES, INC. 8-K

What Happened
Hawthorn Bancshares, Inc. (HWBK) filed an 8-K (Items 5.02 and 7.01) reporting that on April 29, 2026 the board of directors of both the Company and Hawthorn Bank increased their sizes by one and appointed Grant T. Burcham to fill the newly created vacancies. Mr. Burcham was elected as a Class III director of the Company and will serve until the 2028 annual meeting of shareholders (or until his successor is elected or he resigns/removed). The company also issued a press release on April 29, 2026 announcing the appointment.

Key Details

• Appointment effective: April 29, 2026.
• Appointee: Grant T. Burcham, added to both Hawthorn Bancshares and Hawthorn Bank boards.
• Term: Class III director term expires at the Company’s 2028 annual meeting (or earlier resignation/removal).
• Compensation & disclosures: Mr. Burcham will be eligible for standard non-employee director compensation per the Company’s proxy (filed April 17, 2026); the company reports no arrangements or related-party transactions requiring Item 404(a) disclosure.

Why It Matters
Board composition changes can affect oversight and strategic direction. This appointment expands both boards by one seat and adds a new Class III director whose term runs through the 2028 annual meeting. Investors should note the company disclosed standard compensation eligibility and indicated no related-party transactions tied to the appointment.