{"schema_version":"secwatch.filing_event.v1","accession":"0000893847-23-000012","form_type":"8-K","ticker":"HWBK","cik":"0000893847","company_name":"HAWTHORN BANCSHARES, INC.","filed_at":"2023-04-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.683548+00:00","generated_at":"2026-06-16T10:44:45.350016+00:00","sec_items":["5.02","7.01","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Hawthorn Bancshares names Brent Giles CEO and Gregg Bexten President effective May 1, 2023","bullets":["Brent Giles appointed CEO of Hawthorn Bancshares and Hawthorn Bank, effective May 1, 2023.","Gregg Bexten named President; current CEO David Turner becomes Executive Chairman.","Giles' employment agreement provides $450k base salary, annual bonus up to 52%, and 2x salary severance.","Giles previously CEO of Bank of Blue Valley; Bexten has 30+ years with Hawthorn Bank."],"urls":{"canonical":"https://secwatch.observer/filing/0000893847-23-000012","json":"https://secwatch.observer/filing/0000893847-23-000012.json","markdown":"https://secwatch.observer/filing/0000893847-23-000012.md","text":"https://secwatch.observer/filing/0000893847-23-000012.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/893847/000089384723000012/0000893847-23-000012-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/893847/000089384723000012/hwbk-20230426.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T10:44:45.350016+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"3121dea752","claim":"Brent Giles was appointed as Chief Executive Officer at HAWTHORN BANCSHARES, INC..","evidence_excerpt":"appointed Brent Giles to serve as Chief Executive Officer of the Company and the Bank, each effective May 1, 2023","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/893847/000089384723000012/0000893847-23-000012-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Executive Officer"}],"fact_type":"executive_change"},{"claim_id":"64e892e943","claim":"Gregg Bexten was appointed as President at HAWTHORN BANCSHARES, INC..","evidence_excerpt":"appointed Gregg Bexten, the current Regional President of the Bank's Central Region, to serve as President of the Company and the Bank, each effective as of the Effective Date.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/893847/000089384723000012/0000893847-23-000012-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"President"}],"fact_type":"executive_change"},{"claim_id":"ad102d8467","claim":"David Turner changed role as Executive Chairman at HAWTHORN BANCSHARES, INC..","evidence_excerpt":"David Turner, current Chairman, President and Chief Executive Officer of the Company and the Bank, will remain with the Company and the Bank as Executive Chairman of the boards of both companies, effective as of the Effective Date.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/893847/000089384723000012/0000893847-23-000012-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"will remain"},{"label":"Role","value":"Executive Chairman"}],"fact_type":"executive_change"},{"claim_id":"eacf229b33","claim":"Brent Giles was appointed as Class II Director at HAWTHORN BANCSHARES, INC..","evidence_excerpt":"He will also be appointed as a Class II director on the Company's Board and as a member of the Bank's board of directors effective as of the Effective Date.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/893847/000089384723000012/0000893847-23-000012-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Class II Director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}