Director Allen C. Drake (HBT) granted 600 RSUs and updates indirect holdings

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

DRAKE ALLEN C reported acquisition or exercise transactions in this Form 4 filing.

HBT Financial, Inc. director Allen C. Drake reported an equity award and updated holdings in the company’s common stock. He received a grant of 600 restricted stock units under the HBT Financial, Inc. Omnibus Incentive Plan, which fully vest on February 28, 2027. After this grant, his directly held common stock position is 4,000 shares. The filing also shows large indirect interests represented by trust certificates issued by the Heartland Bancorp, Inc. Voting Trust, including certificates held by him personally and by his spouse, for which he disclaims beneficial ownership except to the extent of his pecuniary interest.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider DRAKE ALLEN C

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock, $0.01 par value	600	$0.00	--
holding	Common Stock, $0.01 par value	--	--	--
holding	Common Stock, $0.01 par value	--	--	--

Holdings After Transaction: Common Stock, $0.01 par value — 4,000 shares (Direct); Common Stock, $0.01 par value — 1,166,288 shares (Indirect, See Footnote)

Footnotes (1)

The reporting person received 600 restricted stock units ("RSUs") under the HBT Financial, Inc. Omnibus Incentive Plan. The RSUs fully vest on February 28, 2027. The reporting person's interest in the common stock is represented by trust certificates issued by the Heartland Bancorp, Inc. Voting Trust U/A/D May 4, 2016 (the "Voting Trust") held by the reporting person. The reporting person's interest in the common stock is represented by trust certificates issued by the Voting Trust held by the reporting person's spouse. The reporting person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.

Form 4 Insider Transactions: What Each Field Means →

03/03/2026 - 04:17 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

DRAKE ALLEN C

(Last)

(First)

(Middle)

C/O HBT FINANCIAL, INC.

401 N. HERSHEY ROAD

(Street)

BLOOMINGTON

61704

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
HBT Financial, Inc. [ HBT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
02/28/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock, $0.01 par value	02/28/2026		A		600⁽¹⁾	A	$0	4,000	D
Common Stock, $0.01 par value								1,166,288	I	See Footnote⁽²⁾
Common Stock, $0.01 par value								200,980	I	See Footnote⁽³⁾

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. The reporting person received 600 restricted stock units ("RSUs") under the HBT Financial, Inc. Omnibus Incentive Plan. The RSUs fully vest on February 28, 2027.

2. The reporting person's interest in the common stock is represented by trust certificates issued by the Heartland Bancorp, Inc. Voting Trust U/A/D May 4, 2016 (the "Voting Trust") held by the reporting person.

3. The reporting person's interest in the common stock is represented by trust certificates issued by the Voting Trust held by the reporting person's spouse. The reporting person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.

Remarks:

	/s/ Renee K. Fehr, Attorney-in-Fact	03/03/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR

FAQ

What did Allen C. Drake report in this Form 4 for HBT?

Allen C. Drake reported receiving 600 restricted stock units in HBT Financial, Inc. common stock. The filing also updates his direct holdings to 4,000 shares and describes substantial indirect interests through trust certificates tied to a voting trust structure.

How many restricted stock units did Allen C. Drake receive from HBT?

Allen C. Drake received 600 restricted stock units of HBT Financial, Inc. common stock at no cash cost. These units were granted under the HBT Financial, Inc. Omnibus Incentive Plan as an equity award, rather than an open-market purchase transaction.

When do Allen C. Drake’s new HBT restricted stock units vest?

The 600 restricted stock units granted to Allen C. Drake fully vest on February 28, 2027. Vesting means the units become non-forfeitable on that date, aligning the director’s compensation with the company’s longer-term performance over the vesting period.

What are Allen C. Drake’s direct HBT shareholdings after this transaction?

Following the restricted stock unit grant, Allen C. Drake’s directly held HBT Financial, Inc. common stock position is reported as 4,000 shares. This direct ownership figure excludes additional indirect interests that are represented through trust certificates linked to a voting trust.

How are Allen C. Drake’s indirect HBT holdings structured?

Allen C. Drake’s indirect interest in HBT common stock is represented by trust certificates from the Heartland Bancorp, Inc. Voting Trust. Some certificates are held by him, and others by his spouse, with Drake disclaiming beneficial ownership except for his pecuniary interest in those spouse-held shares.

Did Allen C. Drake buy or sell HBT shares on the market in this filing?

The filing does not show open-market purchases or sales by Allen C. Drake. Instead, it reports an equity award of 600 restricted stock units at a stated price of $0.00 per share and provides updated totals for his direct and indirect holdings.