HBT to Redeem $40M 4.50% Subordinated Notes on Sept 15, 2025

HBT Financial, Inc. notified its paying agent, UMB Bank N.A., that it intends to redeem all $40 million of its outstanding 4.50% Fixed-to-Floating Rate Subordinated Notes due 2030 on September 15, 2025.

Rhea-AI Filing Summary

HBT Financial, Inc. notified its paying agent, UMB Bank N.A., that it intends to redeem all $40 million of its outstanding 4.50% Fixed-to-Floating Rate Subordinated Notes due 2030 on September 15, 2025. The Company stated the redemption will be at a price equal to 100% of principal plus accrued and unpaid interest to, but excluding, the Redemption Date, and that the Notice was given pursuant to the Paying Agent and Registrar Agreement governing the Notes.

Positive

• Full redemption announced for the entire outstanding principal of the Notes: $40,000,000
• Redemption at par specified: 100% of principal plus accrued and unpaid interest to, but excluding, the Redemption Date

Negative

• None.

Insights

Financial Analyst

TL;DR: HBT is calling its $40M subordinated notes at par, settling the obligation on September 15, 2025.

The company has issued a formal notice to redeem the entire outstanding principal of its 4.50% Fixed-to-Floating Rate Subordinated Notes due 2030. The notice specifies a redemption price of 100% of principal plus accrued interest to, but excluding, the redemption date and is being executed through the paying agent named in the governing agreement. This is a discrete capital structure action that removes the identified subordinated notes from outstanding obligations on the stated redemption date.

Corporate Finance Specialist

TL;DR: Full redemption of the $40M subordinated issuance is scheduled, per the paying-agent notice, for mid-September 2025.

The filing documents a formal intent to redeem all outstanding subordinated notes issued under the referenced paying-agent agreement. The terms disclosed are explicit: the instrument is a 4.50% Fixed-to-Floating Rate Subordinated Note due 2030, the aggregate outstanding principal is $40 million, and redemption will occur at 100% of principal plus accrued and unpaid interest to, but excluding, the redemption date. The disclosure is narrowly focused on the mechanics and timing of the redemption.

8-K Event Classification

Item 8.01 — Other Events

1 item

Item 8.01 Other Events Other

Voluntary disclosure of events the company deems important to shareholders but not covered by other items.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did HBT (HBT) announce in this 8-K?

HBT announced a notice to fully redeem its outstanding $40 million 4.50% Fixed-to-Floating Rate Subordinated Notes due 2030.

When is HBT planning to redeem the notes?

The Company intends to redeem the Notes on September 15, 2025.

At what price will HBT redeem the subordinated notes?

The redemption price is stated as 100% of the aggregate principal amount plus accrued and unpaid interest to, but excluding, the Redemption Date.

Which securities are being redeemed?

The securities are HBT's 4.50% Fixed-to-Floating Rate Subordinated Notes due 2030, totaling $40 million outstanding.

Who is the paying agent referenced in the notice?

The notice was issued pursuant to the Paying Agent and Registrar Agreement with UMB Bank N.A.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 08/12/2025 - 09:06 AM Learn about SEC filing dates

0000775215false00007752152025-08-112025-08-11

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT PURSUANT TO

SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of report (Date of earliest event reported): August 11, 2025

HBT FINANCIAL, INC.

(Exact name of registrant as specified in its charter)

Delaware			001-39085			37-1117216
(State or other jurisdiction of incorporation)			(Commission File Number)			(IRS Employer Identification Number)
401 North Hershey Rd Bloomington, Illinois						61704
(Address of principal executive offices)						(Zip Code)

(309) 662-4444

(Registrant’s telephone number, including area code)

N/A

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐			Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐			Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐			Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐			Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class			Trading Symbol(s)			Name of each exchange on which registered
Common Stock, par value $0.01 per share			HBT			The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 8.01 Other Events.

On August 11, 2025, HBT Financial, Inc. (the "Company") issued a notice of full redemption (the "Notice") pursuant to the Paying Agent and Registrar Agreement, dated as of September 3, 2020, by and between the Company and UMB Bank N.A. as paying agent and registrar (the "Paying Agent"), governing the Company's 4.50% Fixed-to-Floating Rate Subordinated Notes due 2030 (the "Notes").

Pursuant to the Notice, the Company gave the Paying Agent notice that it intends to redeem all $40 million of the outstanding Notes on September 15, 2025 (the "Redemption Date") at a redemption price equal to 100% of the aggregate principal amount of the Notes, plus accrued and unpaid interest thereon to, but excluding, the Redemption Date.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

			HBT FINANCIAL, INC.
			By:			/s/ Peter R. Chapman
						Name: Peter R. Chapman
						Title: Chief Financial Officer
Date: August 12, 2025