HBT Financial (HBT) director moves 546,604 shares into 2021 irrevocable trusts

Rhea-AI Filing Summary

HBT Financial, Inc. reported an insider equity transfer by a director on 12/17/2025. The Form 4 shows that the reporting person transferred 546,604 shares of HBT Financial common stock to an account jointly owned by the Roger A. Baker 2021 Irrevocable Trust and the Mary Angela Baker 2021 Irrevocable Trust, at a reported price of $0 per share, indicating a non-cash transfer.

Following this transaction, the director directly owns 600 shares of common stock. Indirect holdings include 546,604 shares through the jointly owned trust account, 423,666 shares through the Mary Angela Baker 2021 Irrevocable Trust, and 363 shares through the Roger A. Baker 2021 Irrevocable Trust. The reporting person is a beneficiary and trustee of the Roger A. Baker 2021 Irrevocable Trust, and the reporting person’s spouse is a beneficiary and trustee of the Mary Angela Baker 2021 Irrevocable Trust.

Insider Trade Summary

546,604 shares gifted

Mixed 4 txns

Insider Baker Roger A

Role Director

Type	Security	Shares	Price	Value
Gift	Common Stock, $0.01 par value	546,604	$0.00	--
holding	Common Stock, $0.01 par value	--	--	--
holding	Common Stock, $0.01 par value	--	--	--
holding	Common Stock, $0.01 par value	--	--	--

Holdings After Transaction: Common Stock, $0.01 par value — 600 shares (Direct); Common Stock, $0.01 par value — 546,604 shares (Indirect, By Mary Angela Baker 2021 Irrevocable Trust and Roger A. Baker 2021 Irrevocable Trust Jointly)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

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^*

Baker Roger A

(Last) (First) (Middle)

C/O HBT FINANCIAL, INC.

401 N. HERSHEY ROAD

(Street)

BLOOMINGTON IL 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)
12/17/2025

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock, $0.01 par value	12/17/2025		G	V	546,604(1)	D	$0	600	D
Common Stock, $0.01 par value								546,604	I	By Mary Angela Baker 2021 Irrevocable Trust and Roger A. Baker 2021 Irrevocable Trust Jointly
Common Stock, $0.01 par value								423,666	I	By Mary Angela Baker 2021 Irrevocable Trust
Common Stock, $0.01 par value								363	I	By Roger A. Baker 2021 Irrevocable Trust

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The reporting person transferred 546,604 shares of common stock to an account jointly owned by the Roger A. Baker 2021 Irrevocable Trust and the Mary Angela Baker 2021 Irrevocable Trust. The reporting person is a beneficiary and trustee of the Roger A. Baker 2021 Irrevocable Trust, and the reporting person's spouse is a beneficiary and trustee of the Mary Angela Baker 2021 Irrevocable Trust.

Remarks:

	/s/ Renee K. Fehr, Attorney-in-Fact	12/18/2025
	** 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.

FAQ

What insider transaction was reported for HBT (HBT Financial, Inc.)?

A director of HBT Financial, Inc. reported transferring 546,604 shares of common stock on 12/17/2025 to an account jointly owned by the Roger A. Baker 2021 Irrevocable Trust and the Mary Angela Baker 2021 Irrevocable Trust.

Was the HBT insider transaction reported as a sale for cash?

No. The Form 4 lists the transfer of 546,604 shares with a reported price of $0 per share, indicating a non-cash transfer rather than an open-market sale.

How many HBT Financial shares does the director own directly after the transaction?

After the reported transaction, the director directly owns 600 shares of HBT Financial, Inc. common stock.

What indirect HBT share holdings are reported for the trusts?

The filing shows indirect ownership of 546,604 shares through a jointly owned account of the Roger A. Baker 2021 Irrevocable Trust and the Mary Angela Baker 2021 Irrevocable Trust, 423,666 shares through the Mary Angela Baker 2021 Irrevocable Trust, and 363 shares through the Roger A. Baker 2021 Irrevocable Trust.

What is the relationship of the reporting person to HBT Financial, Inc.?

The reporting person is identified as a Director of HBT Financial, Inc. on the Form 4.

What roles do the reporting person and spouse have with the HBT-related trusts?

According to the explanation, the reporting person is a beneficiary and trustee of the Roger A. Baker 2021 Irrevocable Trust, and the reporting person’s spouse is a beneficiary and trustee of the Mary Angela Baker 2021 Irrevocable Trust.