How did these equity award transactions affect Lawrence Horvath’s direct HBT share holdings?

Horvath’s transactions included share acquisitions from RSU grants and settlements and share withholdings for taxes. The Form 4 shows updated direct ownership totals after each step, indicating how many HBT shares he holds following the award-related movements.

HBT EVP reports RSU grants and tax share withholdings

HBT Financial EVP & Chief Lending Officer Lawrence J. Horvath reported equity award activity in HBT Financial, Inc. common stock.

Accepted by SEC EDGAR 03/03/2026 - 04:12 PM EST

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)How Sentiment works

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

How Sentiment works How the balance works

Form Type

Rhea-AI Filing Summary

HBT Financial EVP & Chief Lending Officer Lawrence J. Horvath reported equity award activity in HBT Financial, Inc. common stock. He received 1,916 restricted stock units that vest in three annual installments through February 28, 2029, and 2,975 shares were acquired upon settlement of a prior performance-based RSU award granted on February 28, 2023. In connection with vesting, 748 shares and 1,016 shares were withheld to cover tax obligations on the time-based and performance RSUs, respectively, reducing the shares issued to him outright.

Insider Trade Summary

4 transactions reported

Mixed 4 txns

Insider HORVATH LAWRENCE J

Role EVP & Chief Lending Officer

Type	Security	Shares	Price	Value
Grant/Award	Common Stock, $0.01 par value	1,916	$0.00	$0.00
Exercise Price or Tax Liability	Common Stock, $0.01 par value	748	$26.96	$20K
Grant/Award	Common Stock, $0.01 par value	2,975	$0.00	$0.00
Exercise Price or Tax Liability	Common Stock, $0.01 par value	1,016	$26.96	$27K

Holdings After Transaction: Common Stock, $0.01 par value — 63,609 shares (Direct)

Holdings Before and After: Common Stock, $0.01 par value, 60,482 to 63,609 shares (Direct)

Footnotes (4)

F1. The reporting person received 1,916 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.

FAQ

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

What equity awards did HBT EVP Lawrence J. Horvath report on this Form 4 for HBT?

Lawrence J. Horvath reported receiving 1,916 restricted stock units and 2,975 shares from settling a performance RSU award. These transactions reflect compensation in stock and do not represent open-market purchases of HBT Financial, Inc. common shares.

How do the new 1,916 HBT restricted stock units for Lawrence Horvath vest?

The 1,916 RSUs vest over three annual installments: 33% on February 28, 2027, 33% on February 29, 2028, and 34% on February 28, 2029. This schedule ties Horvath’s compensation to multi-year service and performance at HBT Financial, Inc.

What is the significance of the 2,975 HBT shares acquired by Lawrence Horvath?

The 2,975 HBT shares were acquired upon settlement of a performance restricted stock unit award granted on February 28, 2023. This reflects earned long-term incentive compensation rather than an open-market stock purchase by Lawrence J. Horvath.

Why were 748 HBT shares withheld in Lawrence Horvath’s Form 4 filing?

The 748 shares represent stock withheld to satisfy tax obligations on vested restricted stock units. Instead of paying cash taxes, a portion of the vested HBT shares was retained by the company to cover the withholding requirement.

Why were 1,016 HBT shares withheld from Lawrence Horvath’s performance RSU vesting?

The 1,016 shares were withheld to satisfy tax obligations on vested performance restricted stock units. This tax-withholding disposition is a common administrative step when performance-based equity awards in HBT stock convert into actual shares.

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

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google

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
Estimated average burden
hours per response:			0.5

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^*

HORVATH LAWRENCE J

(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)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	EVP & Chief Lending Officer

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⁽¹⁾	02/28/2026		A		1,916	A	$0	62,398	D
Common Stock, $0.01 par value	02/28/2026		F		748⁽²⁾	D	$26.96	61,650	D
Common Stock, $0.01 par value⁽³⁾	02/28/2026		A		2,975	A	$0	64,625	D
Common Stock, $0.01 par value	02/28/2026		F		1,016⁽⁴⁾	D	$26.96	63,609	D

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 1,916 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.

2. Represents shares withheld to satisfy the tax obligation on vested restricted stock units.

3. Shares of common stock acquired upon settlement of performance restricted stock unit award granted to the reporting person on February 28, 2023.

4. Represents shares withheld to satisfy the tax obligation on vested performance restricted stock units.

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