Fred L. Drake - 28 Feb 2026 Form 4 Insider Report for HBT Financial, Inc. (HBT)

Role
Executive Chairman, Director, 10%+ Owner
Signature
/s/ Renee K. Fehr, Attorney-in-Fact for Fred L. Drake
Issuer symbol
HBT
Transactions as of
28 Feb 2026
Net transactions value
-$102,124
Form type
4
Filing time
03 Mar 2026, 16:13:43 UTC
Previous 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/ Renee K. Fehr, Attorney-in-Fact for Fred L. Drake 03 Mar 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/ Renee K. Fehr, Attorney-in-Fact for Heartland Bancorp, Inc. Voting Trust U/A/D 5/4/2016 03 Mar 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 Award $0 +2,596 +34% $0.000000 10,301 28 Feb 2026 Direct F1
transaction HBT Common Stock, $0.01 par value Tax liability $39,523 -1,466 -14% $26.96 8,835 28 Feb 2026 Direct F2
transaction HBT Common Stock, $0.01 par value Award $0 +7,830 +89% $0.000000 16,665 28 Feb 2026 Direct F3
transaction HBT Common Stock, $0.01 par value Tax liability $62,601 -2,322 -14% $26.96 14,343 28 Feb 2026 Direct F4
holding HBT Common Stock, $0.01 par value 61,557 28 Feb 2026 By the Fred L. Drake Revocable Trust
holding HBT Common Stock, $0.01 par value 17,210,400 28 Feb 2026 See footnote F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person received 2,596 restricted stock units ("RSUs") under the HBT Financial, Inc. Omnibus Incentive Plan. The RSUs vest in three annual installments, with 33% vesting on February 28, 2027, 33% vesting on February 29, 2028, and 34% vesting on February 28, 2029.
F2 Represents shares withheld to satisfy the tax obligation on vested restricted stock units.
F3 Shares of common stock acquired upon settlement of performance restricted stock unit award granted to the reporting person on February 28, 2023.
F4 Represents shares withheld to satisfy the tax obligation on vested performance restricted stock units.
F5 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.