Rodger D. Offenbach - 14 Mar 2023 Form 4 Insider Report for HENNESSY ADVISORS INC (HNNA)

Role: Advisory Committee Member
Signature: /s/ Peter D. Fetzer, Attorney-in-Fact for Rodger Offenbach
Issuer symbol: HNNA
Transactions as of: 14 Mar 2023
Net transactions value: -$4,014
Form type: 4
Filing time: 16 Mar 2023, 13:56:58 UTC
Previous filing: 13 Dec 2022
Next filing: 24 Mar 2023
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	$4,014	-500	-0.43%	$8.03	116,073	14 Mar 2023	Direct	F1
holding	HNNA	Common Stock						8,902	14 Mar 2023	By IRA
holding	HNNA	Common Stock						6,370	14 Mar 2023	By Spouse's IRA

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

Explanation of Responses:

Id	Content
F1	The price in Column 4 is a weighted average price. The prices actually received ranged from $7.95 to $8.10. 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.

Content

The price in Column 4 is a weighted average price. The prices actually received ranged from $7.95 to $8.10. 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.