Burcham James Grant 4

What Happened

• Burcham James Grant, a director of Hawthorn Bancshares, Inc. (HWBK), was granted 500 restricted stock units (RSUs) on June 2, 2026.
• The RSUs were awarded at $0.00 per unit (non‑cash award); the filing lists the acquisition as an award (transaction code A).
• These RSUs are unvested and will be settled only in shares of common stock upon vesting.

Key Details

• Transaction date: 2026-06-02; Form 4 filed: 2026-06-04 (timely filing).
• Price: $0.00 per RSU; total cash paid: $0.00 (compensation award).
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnote: The 500 RSUs will fully vest on June 2, 2027, subject to the reporting person's continued service through the vesting date. They can be settled only in common stock (no cash settlement noted).
• No 10b5-1 plan, tax withholding, or late‑filing flags reported in the provided data.

Context

• RSU awards are a form of compensation, not an open‑market purchase or sale; they typically reflect planned equity compensation rather than an immediate market sentiment signal.
• Because these RSUs are unvested and contingent on continued service, they do not represent immediately tradable shares.