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.
HBT Financial filings document the formal disclosure record for a bank holding company whose primary operating subsidiary is Heartland Bank and Trust Company. The record includes 8-K reports on operating and financial results, Regulation FD investor presentations, cash dividends on common stock, board appointments and completed bank merger activity.
Other filings describe capital-structure matters, including the private placement of fixed-to-floating rate subordinated notes, related material agreements and registration rights. Proxy materials cover director elections, executive compensation, shareholder voting matters and governance practices for HBT Financial and Heartland Bank.
HBT Financial, Inc. entered into a Subordinated Note Purchase Agreement and issued $85 million of 5.75% fixed-to-floating rate subordinated notes due 2036 in a private placement to institutional investors. The notes carry a fixed 5.75% coupon until March 15, 2031, then reset quarterly to three‑month SOFR plus 233 basis points.
The notes are unsecured, subordinated obligations of HBT Financial, intended to qualify as Tier 2 regulatory capital, and are not guaranteed by subsidiaries. The company may redeem them, in whole or in part, at par plus accrued interest on or after March 15, 2031, and earlier only in limited circumstances defined in the indenture.
HBT Financial plans to use the net proceeds for general corporate purposes, which may include potential share repurchases. The company also agreed to a registration rights framework to later exchange these privately placed notes for registered subordinated notes with substantially the same terms.
HBT Financial, Inc. reports that as of December 31, 2025 it had total assets of $5.1 billion, loans held for investment of $3.5 billion, and total deposits of $4.4 billion. The Illinois-based community bank operates 66 full-service branches across Illinois and eastern Iowa, offering commercial, agricultural, residential, deposit, and wealth management services.
The company emphasizes conservative credit culture, strong profitability, and disciplined organic and acquisition-driven growth. It completed the Town and Country acquisition in 2023 and, as a subsequent event, closed the CNB Bank Shares, Inc. acquisition on March 1, 2026, adding a franchise with $1.8 billion in assets. Total CNB consideration was 5.5 million HBT shares plus $34 million in cash, valued at approximately $182 million. HBT highlights capital ratios above “well capitalized” thresholds and details extensive regulatory, credit, interest rate, liquidity, technology, and economic risk factors.
HBT Financial, Inc. director Alvin C. Bowman reported an equity award of common stock. He acquired 600 restricted stock units (RSUs) of common stock at no cash cost through a grant under the HBT Financial, Inc. Omnibus Incentive Plan, increasing his directly held common stock to 5,000 shares after the transaction. The RSUs fully vest on February 28, 2027, meaning they become unrestricted on that date if plan conditions are met.
Baker Roger A reported acquisition or exercise transactions in this Form 4 filing.
HBT Financial, Inc. director Roger A. Baker reported an equity award from the company. He received 600 restricted stock units under the HBT Financial, Inc. Omnibus Incentive Plan, which fully vest on February 28, 2027. Following this grant, his directly held common stock position is 1,200 shares, and the filing also notes substantial indirect holdings held through 2021 irrevocable trusts.
HBT Financial, Inc. director Eric E. Burwell reported an equity award. On February 28, 2026, he acquired 600 restricted stock units (RSUs) of common stock at no cost under the HBT Financial, Inc. Omnibus Incentive Plan. The RSUs fully vest on February 28, 2027.
After this award, Burwell directly holds 4,000 shares of common stock. He also reports indirect ownership of 31,820 shares through the Eric E. Burwell Trust dated 12/21/2007 and 5,300 shares through the Eric E. Burwell Living Trust dated 4/12/1999.
HBT Financial, Inc. director Linda J. Koch reported an equity award on a Form 4. She acquired 600 shares of common stock as a grant or award, recorded at a price of $0.00 per share. After this grant, her directly owned holdings increased to 5,500 common shares.
A footnote explains that she received 600 restricted stock units under the HBT Financial, Inc. Omnibus Incentive Plan, and these RSUs fully vest on February 28, 2027. This award represents equity-based compensation rather than an open-market purchase.
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.
PFEIFFER GERALD E reported acquisition or exercise transactions in this Form 4 filing.
HBT Financial director Gerald E. Pfeiffer reported receiving a grant of 600 restricted stock units (RSUs) of common stock on February 28, 2026 under the HBT Financial, Inc. Omnibus Incentive Plan. The RSUs fully vest on February 28, 2027. After this grant, he directly holds 59,785 common shares, with an additional 5,162 shares reported as indirectly owned by his wife.
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.
HBT Financial, Inc. director and President and CEO James Lance Carter reported equity compensation and related tax-withholding transactions in common stock. He received 5,322 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. He also acquired 6,182 shares of common stock upon settlement of a performance restricted stock unit award granted on February 28, 2023. To cover tax obligations on vested restricted stock units and performance restricted stock units, 1,664 shares and 1,811 shares, respectively, were disposed of at a price of $26.96 per share. Following these transactions, his directly held common stock position was reported as 147,074 shares.