Hawthorn Bancshares Inc. filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders, Other Events, Financial Statements and Exhibits
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): June 3, 2025
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Item 5.07 Submission of Matters to a Vote of Security Holders.
Hawthorn Bancshares, Inc. (the "Company") held its 2025 Annual Meeting of Shareholders (the "Annual Meeting") on June 3, 2025. A total of 4,471,977 shares of the Company's common stock were present or represented by proxy at the Annual Meeting. This represented approximately 64.05% of the Company's shares of common stock that were outstanding and entitled to vote at the Annual Meeting. Three proposals were presented to the Company's shareholders at the Annual Meeting as described in Hawthorn's 2025 Proxy Statement. The final results of the shareholder vote on each of the proposals are as follows:
Proposal 1: Election of Directors. Hawthorn's shareholders elected four (4) Class III director nominees to serve a three-year term expiring at the Company's 2028 annual meeting of shareholders and until their respective successors are duly elected and qualified or until their respective earlier resignation or removal:
| Name of Director Nominee | Number of Shares Voted "For" | Number of Shares Voted "Against" | Abstentions | Broker Non-Votes | ||||||||||
| Gregg A. Bexten | 2,997,415 | 28,722 | 90,213 | 1,355,626 | ||||||||||
| Shawna M. Hettinger | 2,641,984 | 347,801 | 126,565 | 1,355,626 | ||||||||||
| Kevin L. Riley | 2,898,455 | 92,682 | 125,213 | 1,355,626 | ||||||||||
| David T. Turner | 2,910,789 | 115,349 | 90,213 | 1,355,626 | ||||||||||
Proposal 2: Ratification and Approval of Independent Registered Public Accounting Firm. Hawthorn's shareholders ratified the appointment of Forvis Mazars, LLP as the Company's independent registered public accounting firm for the year ending December 31, 2025:
| Number of Shares Voted "For" | Number of Shares Voted "Against" | Abstentions | Broker Non-Votes | ||||||||
| 4,292,084 | 86,725 | 93,167 | 0 | ||||||||
Proposal 3: Advisory (Non-binding) Vote to Approve Executive Compensation. Hawthorn's shareholders approved the compensation of the Company's executives disclosed in the proxy statement:
| Number of Shares Voted "For" | Number of Shares Voted "Against" | Abstentions | Broker Non-Votes | ||||||||
| 2,903,327 | 86,075 | 126,948 | 1,355,626 | ||||||||
Additional information regarding the matters voted on at the 2025 Annual Meeting is contained in the Company's definitive proxy statement filed with the Securities and Exchange Commission on April 21, 2025.
Item 8.01 Other Events.
On June 5, 2025, Hawthorn Bancshares, Inc. announced that its Board of Directors approved a new Common Stock Repurchase Program. A copy of the press release relating to such announcement is attached to this report as Exhibit 99.1 and incorporated by reference herein.
Item 9.01 Financial Statements and Exhibits.
| Exhibit No | Description | ||||
| 99.1 | |||||
| 104 | Cover Page Interactive Data File – the cover page XBRL tags are embedded within the Inline XBRL document | ||||
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Dated: June 5, 2025 | Hawthorn Bancshares, Inc. By: /s/ Brent M. Giles Name: Brent M. Giles Title: Chief Executive Officer | ||||||||||
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