Teresa M. Nilsen - Mar 25, 2025 Form 4 Insider Report for HENNESSY ADVISORS INC (HNNA)

Role
President, COO and Secretary, Director
Signature
/s/ Teresa M. Nilsen
Stock symbol
HNNA
Transactions as of
Mar 25, 2025
Transactions value $
-$84,236
Form type
4
Date filed
3/27/2025, 05:18 PM
Previous filing
Mar 24, 2025
Next filing
Mar 31, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HNNA Common Stock Sale -$31.7K -3K -14% $10.55 18.4K Mar 25, 2025 FBO Children F1, F2
transaction HNNA Common Stock Sale -$10.5K -1K -5.43% $10.47 17.4K Mar 26, 2025 FBO Children F1, F3
transaction HNNA Common Stock Sale -$42.1K -4K -22.96% $10.53 13.4K Mar 27, 2025 FBO Children F1, F4
transaction HNNA Common Stock Gift $0 -4K -2.78% $0.00 140K Mar 27, 2025 Direct
transaction HNNA Common Stock Gift $0 +4K +29.8% $0.00 17.4K Mar 27, 2025 FBO Children
holding HNNA Common Stock 1.52K Mar 25, 2025 By Spouse's IRA
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were held in accounts in the names of two of the reporting person's children, and were sold at the discretion of these children.
F2 The price in Column 4 is a weighted average price. The prices actually ranged from $10.4654 to $10.6000. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range for all transactions reported in this Form 4 utilizing an average weighted price.
F3 The price in Column 4 is a weighted average price. The prices actually ranged from $10.4500 to $10.6000. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range for all transactions reported in this Form 4 utilizing an average weighted price.
F4 The price in Column 4 is a weighted average price. The prices actually ranged from $10.4001 to $10.7000. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range for all transactions reported in this Form 4 utilizing an average weighted price.