Rodger D. Offenbach - 18 Sep 2025 Form 4 Insider Report for HENNESSY ADVISORS INC (HNNA)

Role: Advisory Committee Member
Signature: /s/ Teresa M. Nilsen, Attorney-in-Fact for Rodger D. Offenbach
Issuer symbol: HNNA
Transactions as of: 18 Sep 2025
Net transactions value: $0
Form type: 4
Filing time: 19 Sep 2025, 16:06:33 UTC
Previous filing: 19 Sep 2024
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
OFFENBACH RODGER	Advisory Committee Member	7250 REDWOOD BLVD, SUITE 200, NOVATO	/s/ Teresa M. Nilsen, Attorney-in-Fact for Rodger D. Offenbach	19 Sep 2025	0001165093

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HNNA	Common Stock	Award	$0	+2,800	+2.5%	$0.000000	113,298	18 Sep 2025	By Trust	F1
holding	HNNA	Common Stock						9,577	18 Sep 2025	Direct	F2
holding	HNNA	Common Stock						6,370	18 Sep 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	Includes 2,800 shares of underlying stock units that will vest 25% per year beginning on September 18, 2026.
F2	Includes 675 shares previously reported as indirectly owned due to an administrative error that are now being reported as directly owned. There was no transaction.