Welcome to our dedicated page for Hbt Financial SEC filings (Ticker: HBT), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
This page provides access to U.S. Securities and Exchange Commission filings for HBT Financial, Inc. (NASDAQ: HBT), the Bloomington, Illinois-based holding company for Heartland Bank and Trust Company. Through these filings, investors can review the company’s detailed financial information, risk disclosures, and material corporate events.
HBT Financial’s Annual Reports on Form 10-K and Quarterly Reports on Form 10-Q describe its commercial banking activities, loan and deposit portfolios, asset quality metrics, capital ratios under Basel III, and the use of non-GAAP measures such as adjusted net income and tangible book value per share. These reports also include management’s discussion and analysis of results of operations and financial condition.
Current Reports on Form 8-K highlight specific events that HBT Financial has determined to be material. Recent examples include the entry into a material definitive agreement for the proposed merger with CNB Bank Shares, Inc., declarations of quarterly cash dividends on common stock, and a notice of full redemption of the company’s 4.50% Fixed-to-Floating Rate Subordinated Notes due 2030. Earnings releases and investor presentations furnished as exhibits to Form 8-K provide additional context on quarterly performance and strategic direction.
Investors researching capital management and shareholder returns can use the filings to track dividend declarations, stock repurchase program authorizations and activity, and changes in regulatory capital ratios. Filings also describe the conditions and regulatory approvals required for announced mergers, as well as voting and support agreements related to such transactions.
On Stock Titan, these documents are paired with AI-powered summaries that explain the key points of lengthy 10-K and 10-Q reports, highlight important sections of 8-K filings, and help readers quickly understand provisions in merger agreements and other exhibits. Real-time updates from EDGAR ensure that new filings, including any future Forms 3, 4 or 5 related to insider ownership and transactions, become available on this page as soon as they are filed with the SEC.
HBT Financial EVP & Chief Retail Officer Diane H. Lanier reported two equity award acquisitions. She received 889 restricted stock units under the HBT Financial, Inc. Omnibus Incentive Plan, vesting 33% on February 28, 2027, 33% on February 29, 2028, and 34% on February 28, 2029. She also acquired 1,434 shares of common stock upon settlement of a performance restricted stock unit award originally granted on February 28, 2023. Both holdings are reported as directly owned common stock with no purchase price per share disclosed, reflecting compensation-related grants rather than open-market buying.
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.
HBT Financial, Inc. executive Mark W. Scheirer reported equity compensation activity in common stock. He acquired 1,557 restricted stock units under the HBT Financial, Inc. Omnibus Incentive Plan, which vest in three installments: 33% on February 28, 2027, 33% on February 29, 2028, and 34% on February 28, 2029. He also acquired 1,611 shares of common stock upon settlement of a performance restricted stock unit award originally granted on February 28, 2023. To cover tax obligations on these vestings, 500 shares and 557 shares were disposed of at a price of $26.96 per share through share withholding, rather than open-market sales. Following these transactions, he directly owns 7,317 common shares, and indirectly holds 24,272 shares through the MLNT Family Trust dated May 7, 2020.
HBT Financial director Patrick F. Busch reported a small tax-related share disposition. On February 28, 2026, 461 shares of HBT Financial common stock were withheld at $26.96 per share to satisfy taxes on vested restricted stock units.
After this tax-withholding disposition, Busch directly holds 48,500 common shares. In addition, 189,544 shares are held indirectly through the Patrick F Busch Declaration of Trust dated 5/6/14.
HBT Financial, Inc. director Nancy L. Ruyle reported acquiring 20,868 shares of common stock on March 1, 2026. The shares were recorded at a price of $0.00 per share, indicating they were received as part of a non-cash award rather than an open-market purchase.
According to the disclosure, the shares were acquired pursuant to an Agreement and Plan of Merger between HBT Financial and CNB Bank Shares, Inc., under which each CNB share was converted into the right to receive stock consideration, cash consideration of $27.73, or a mix of both, subject to election and proration procedures. The filing notes that the 20,868-share figure is an estimate and may be updated in an amended Form 4 if the final share count differs.
HBT Financial, Inc. director James T. Ashworth reported acquiring common stock as part of the merger of CNB Bank Shares, Inc. into HBT Financial under an Agreement and Plan of Merger dated October 20, 2025. The filing shows a grant or other acquisition of 95,443 HBT common shares held directly.
Additional grants are reported as indirectly owned through the James T. Ashworth Trust dated 01/16/2019 for 33,654 shares and the Mary Jane Ashworth Trust dated 01/16/2019 for 159,854 shares. The footnotes state these figures reflect the estimated number of HBT shares to be issued under the merger agreement and may be adjusted in a future amendment.
HBT Financial, Inc. director James T. Ashworth filed an initial Form 3, which is a required disclosure of his beneficial ownership as an insider. This filing does not report any stock purchases, sales, or other transactions and simply establishes his reporting status as a company director.
HBT Financial, Inc. director Nancy L. Ruyle filed an initial statement of beneficial ownership on Form 3. This filing establishes her status as a company insider and discloses her position as a director, but it does not report any stock purchases, sales, or other transactions.
HBT Financial, Inc. has completed its merger with CNB Bank Shares, Inc., paying approximately $34 million in cash and issuing about 5.5 million shares of HBT Financial common stock as aggregate consideration. CNB shareholders could elect stock, $27.73 in cash per share, or a mix, subject to proration.
CNB Bank & Trust has been merged into Heartland Bank & Trust, expanding HBT Financial’s presence in central Illinois, the Chicago metro area, and the St. Louis metro area. As of December 31, 2025, CNB had $1.8 billion in assets, while HBT Financial reported $5.1 billion in assets. Former CNB directors James T. Ashworth and Nancy L. Ruyle have joined the boards of HBT Financial and Heartland Bank.
HBT Financial, Inc. insider activity shows an indirect open-market sale linked to Executive Chairman Fred L. Drake. A trust associated with him sold 2,258 shares of common stock at a weighted average price of $28.60 per share. After this sale, that trust held 61,557 shares, while Drake also reported 7,705 shares held directly and 17,210,400 shares held indirectly through the Heartland Bancorp, Inc. Voting Trust, for which he serves as trustee with sole voting and investment control, subject to his disclosed pecuniary interest.