Nancy L. Ruyle - 01 Mar 2026 Form 4 Insider Report for HBT Financial, Inc. (HBT)

Role: Director
Signature: /s/ Renee K. Fehr, Attorney-in-Fact
Issuer symbol: HBT
Transactions as of: 01 Mar 2026
Net transactions value: $0
Form type: 4
Filing time: 03 Mar 2026, 16:10:17 UTC
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Ruyle Nancy L	Director	C/O HBT FINANCIAL, INC., 401 N. HERSHEY ROAD, BLOOMINGTON	/s/ Renee K. Fehr, Attorney-in-Fact	03 Mar 2026	0002105124

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HBT	Common Stock, $0.01 par value	Award		+20,868			20,868	01 Mar 2026	Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	Acquired pursuant to that certain Agreement and Plan of Merger (the "Merger Agreement") entered into on October 20, 2025, between Issuer and CNB Bank Shares, Inc. ("CNB"). Pursuant to the Merger Agreement, at the effective time of the merger, CNB merged with and into Issuer with Issuer surviving the merger, and each share of common stock, par value $0.01 per share, of CNB outstanding immediately prior to the effective time of the merger, was converted into the right to receive, at the option of the Reporting Persons, the following: (1) (a) 1.0434 shares of common stock, par value $0.01 per share, of HBT Financial, Inc. ("Common Stock") (the "stock consideration"), (b) cash in the amount of $27.73 (the "cash consideration"), or (c) a combination of cash consideration and stock consideration ("mixed consideration"), in each case subject to adjustment and to the election and proration procedures as provided in the Merger Agreement, and (2) cash in lieu of fractional shares.
F2	Reflects the estimated number of shares of Common Stock to be issued to the Reporting Persons pursuant to the Merger Agreement. The Reporting Persons will file an amendment to this Form 4 to the extent the actual number of shares of Common Stock issued differs from the number reported in column (4).

Content

Acquired pursuant to that certain Agreement and Plan of Merger (the "Merger Agreement") entered into on October 20, 2025, between Issuer and CNB Bank Shares, Inc. ("CNB"). Pursuant to the Merger Agreement, at the effective time of the merger, CNB merged with and into Issuer with Issuer surviving the merger, and each share of common stock, par value $0.01 per share, of CNB outstanding immediately prior to the effective time of the merger, was converted into the right to receive, at the option of the Reporting Persons, the following: (1) (a) 1.0434 shares of common stock, par value $0.01 per share, of HBT Financial, Inc. ("Common Stock") (the "stock consideration"), (b) cash in the amount of $27.73 (the "cash consideration"), or (c) a combination of cash consideration and stock consideration ("mixed consideration"), in each case subject to adjustment and to the election and proration procedures as provided in the Merger Agreement, and (2) cash in lieu of fractional shares.

Reflects the estimated number of shares of Common Stock to be issued to the Reporting Persons pursuant to the Merger Agreement. The Reporting Persons will file an amendment to this Form 4 to the extent the actual number of shares of Common Stock issued differs from the number reported in column (4).