HWBK: Cluster buy

Date:

05/05/2023

Insiders:

FREEMAN PHILIP D, director, and 5 others

Prior trend:

23 months of no clear discretionary insider activity

A $173K cluster buy for HAWTHORN BANCSHARES, INC. (HWBK) on 05/05/2023 after 23 months of no clear discretionary insider activity trend.

Reports

Action	Amount	Date	Insider	Role(s)	SEC Filing No
● Buy	$9K	05/09/2023	FREEMAN PHILIP D	Director	0001196015-23-000010
● Buy	$14K	05/09/2023	GILES BRENT M	Director, CHIEF EXECUTIVE OFFICER	0001355435-23-000007
● Buy	$19K	05/10/2023	Hettinger Shawna M.	Director	0001949215-23-000004
● Buy	$50K	05/11/2023	TURNER DAVID T	Director, EXECUTIVE CHAIRMAN	0001196018-23-000005
● Buy	$11K	05/11/2023	GILES BRENT M	Director, CHIEF EXECUTIVE OFFICER	0001355435-23-000009
● Buy	$49K	05/17/2023	RILEY KEVIN L	Director	0001196014-23-000004
● Buy	$19K	05/24/2023	GILES BRENT M	Director, CHIEF EXECUTIVE OFFICER	0001355435-23-000011
● Buy	$2K	06/06/2023	Bexten Gregg A.	Director, PRESIDENT	0001975335-23-000004

Transactions

Action	Amount	Date	Insider	Security	Type	SEC Code
● Buy	$732	05/05/2023	GILES BRENT M	Common Stock	Discretionary	Purchase
● Buy	$9K	05/08/2023	FREEMAN PHILIP D	Common Stock	Discretionary	Purchase
● Buy	$14K	05/08/2023	GILES BRENT M	Common Stock	Discretionary	Purchase
● Buy	$19K	05/09/2023	Hettinger Shawna M.	Common Stock	Discretionary	Purchase
● Buy	$9K	05/09/2023	GILES BRENT M	Common Stock	Discretionary	Purchase
● Buy	$50K	05/10/2023	TURNER DAVID T	Common Stock	Discretionary	Purchase
● Buy	$1K	05/10/2023	GILES BRENT M	Common Stock	Discretionary	Purchase
● Buy	$49K	05/16/2023	RILEY KEVIN L	Common Stock	Discretionary	Purchase
● Buy	$19K	05/23/2023	GILES BRENT M	Common Stock	Discretionary	Purchase
● N/A	–	05/23/2023	GILES BRENT M	Common Stock	Non-discretionary	Grant/Award
● Buy	$2K	05/31/2023	Bexten Gregg A.	Common Stock	Discretionary	Purchase