Fred L. Drake - 18 Feb 2026 Form 4 Insider Report for HBT Financial, Inc. (HBT)

Role: Executive Chairman, Director, 10%+ Owner
Signature: /s/ Andrea E. Zurkamer, Attorney-in-Fact for Fred L. Drake
Issuer symbol: HBT
Transactions as of: 18 Feb 2026
Net transactions value: -$57,480
Form type: 4
Filing time: 20 Feb 2026, 16:07:06 UTC
Previous filing: 12 Nov 2025
Next filing: 23 Feb 2026
SEC: View on sec.gov

Reporting Owners (2)

Name	Relationship	Address	Signature	Signature date	CIK
DRAKE FRED L	Executive Chairman, Director, 10%+ Owner	C/O HBT FINANCIAL, INC., 401 N. HERSHEY ROAD, BLOOMINGTON	/s/ Andrea E. Zurkamer, Attorney-in-Fact for Fred L. Drake	20 Feb 2026	0001789530
HEARTLAND BANCORP, INC. VOTING TRUST U/A/D 5/4/2016	10%+ Owner	C/O HBT FINANCIAL, INC., 401 N. HERSHEY ROAD, BLOOMINGTON	/s/ Andrea E. Zurkamer, Attorney-in-Fact for Heartland Bancorp, Inc. Voting Trust U/A/D 5/4/2016	20 Feb 2026	0001789912

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HBT	Common Stock, $0.01 par value	Sale	$57,480	-2,000	-3%	$28.74	63,815	18 Feb 2026	By the Fred L. Drake Revocable Trust	F1
holding	HBT	Common Stock, $0.01 par value						7,705	18 Feb 2026	Direct
holding	HBT	Common Stock, $0.01 par value						17,210,400	18 Feb 2026	See footnote	F2

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

Explanation of Responses:

Id	Content
F1	The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.50 to $29.27, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4.
F2	Consists of shares of common stock held by the Heartland Bancorp, Inc. Voting Trust U/A/D May 4, 2016 (the "Voting Trust"). Mr. Drake is the trustee of the Voting Trust and exercises sole voting and investment control over the common stock held thereby. Mr. Drake may be deemed to be the beneficial owner of securities held by the Voting Trust to the extent that he or his immediate family members are beneficiaries of such trust. Mr. Drake disclaims beneficial ownership of the shares held by the Voting Trust except to the extent of his pecuniary interest therein.

Content

The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.50 to $29.27, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4.

Consists of shares of common stock held by the Heartland Bancorp, Inc. Voting Trust U/A/D May 4, 2016 (the "Voting Trust"). Mr. Drake is the trustee of the Voting Trust and exercises sole voting and investment control over the common stock held thereby. Mr. Drake may be deemed to be the beneficial owner of securities held by the Voting Trust to the extent that he or his immediate family members are beneficiaries of such trust. Mr. Drake disclaims beneficial ownership of the shares held by the Voting Trust except to the extent of his pecuniary interest therein.