Jonathan Holtaway - 20 Feb 2025 Form 4 Insider Report for HAWTHORN BANCSHARES, INC. (HWBK)

Role: Director
Signature: /s/ Arla R. Surls, Attorney-in-Fact, for Jonathan D. Holtaway
Issuer symbol: HWBK
Transactions as of: 20 Feb 2025
Net transactions value: -$89,110
Form type: 4
Filing time: 24 Feb 2025, 14:24:30 UTC
Previous filing: 12 Feb 2025
Next filing: 28 Feb 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HWBK	Common Stock	Sale	$65,509	-1,941	-0.53%	$33.75	364,541	20 Feb 2025	By Ategra Community Financial Institution Fund, LP	F1
transaction	HWBK	Common Stock	Sale	$23,601	-702	-0.19%	$33.62	363,839	21 Feb 2025	By Ategra Community Financial Institution Fund, LP	F1
holding	HWBK	Common Stock						28,500	20 Feb 2025	By IRA

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The reporting person serves as an owner and managing member of the general partner of Ategra Community Financial Institution Fund, LP (the "Fund"), as an owner, president and managing member of the registered investment advisor founded by the reporting person to manage the Fund, and as co-portfolio manager of the Fund. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.

Content

The reporting person serves as an owner and managing member of the general partner of Ategra Community Financial Institution Fund, LP (the "Fund"), as an owner, president and managing member of the registered investment advisor founded by the reporting person to manage the Fund, and as co-portfolio manager of the Fund. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.