HBT Financial (NASDAQ: HBT) CFO logs RSU grants and tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
HBT Financial EVP & CFO Peter Robert Chapman reported multiple equity-related transactions in HBT Financial, Inc. common stock. He acquired 2,592 restricted stock units that vest in three annual installments through February 28, 2029. He also acquired 4,226 shares upon settlement of a performance restricted stock unit award granted on February 28, 2023. In connection with these vestings, 4,308 shares and 1,787 shares were withheld at $26.96 per share to cover tax obligations, leaving him with 25,996 directly owned shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Chapman Peter Robert
Role
EVP & CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, $0.01 par value | 2,592 | $0.00 | -- |
| Tax Withholding | Common Stock, $0.01 par value | 4,308 | $26.96 | $116K |
| Grant/Award | Common Stock, $0.01 par value | 4,226 | $0.00 | -- |
| Tax Withholding | Common Stock, $0.01 par value | 1,787 | $26.96 | $48K |
Holdings After Transaction:
Common Stock, $0.01 par value — 27,865 shares (Direct)
Footnotes (1)
- The reporting person received 2,592 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. Represents shares withheld to satisfy the tax obligation on vested restricted stock units. Shares of common stock acquired upon settlement of performance restricted stock unit award granted to the reporting person on February 28, 2023. Represents shares withheld to satisfy the tax obligation on vested performance restricted stock units.
FAQ
What insider transactions did HBT EVP & CFO Peter Robert Chapman report?
Peter Robert Chapman reported equity awards and related tax withholding transactions. He received 2,592 restricted stock units, 4,226 shares from a performance award settlement, and had 4,308 and 1,787 shares withheld to cover tax obligations on vested awards.
How many HBT restricted stock units did Chapman receive in this Form 4?
Chapman received 2,592 restricted stock units in HBT Financial, Inc. stock. These RSUs were granted under the HBT Financial, Inc. Omnibus Incentive Plan and vest over three years, providing time-based incentives tied to his continued executive service.
What is the vesting schedule for Chapman’s 2,592 HBT restricted stock units?
The 2,592 restricted stock units vest in three installments. 33% vest on February 28, 2027, another 33% on February 29, 2028, and the remaining 34% on February 28, 2029, aligning the award with multi-year retention incentives.