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 director Patrick F. Busch reported an open-market sale of 15,000 shares of Common Stock at a weighted average price of $26.48 per share. The sale was executed on behalf of the Patrick F Busch Declaration of Trust dated May 6, 2014, reflecting indirect ownership.
After the transaction, the trust held 174,544 shares indirectly. Separately, Busch also reported direct ownership of 48,500 shares of HBT Financial common stock. The shares sold on March 16, 2026 were executed in multiple trades within a price range of $26.41 to $26.56.
HBT submitted a Form 144 notice to sell 15,000 shares of Common Stock, $0.01 par value. The proposed sale is tied to brokerage arrangements at Merrill Lynch, Pierce, Fenner & Smith (225 Liberty Street, 29th Floor, New York, NY). The filing lists multiple prior acquisitions from the public market on 09/09/2020, 09/08/2020, 09/04/2020 and 05/15/2020 with share amounts of 3,547, 4,453, 4,000 and 3,000, respectively.
Lawrence Horvath reported a sale of 1,764 shares of Common Stock for aggregate proceeds of $47,557.44 on 02/28/2026. The filing lists prior open‑market purchases of Common shares on 02/28/2023 (1,147 shares) and 02/28/2025 (3,853 shares) attributed to the issuer. The notice is a Form 144 securities sale filing under the securities rules.
HBT Financial, Inc. director Eric E. Burwell reported an open-market purchase of 4,000 shares of common stock at $26.24 per share. The transaction was made indirectly through the Eric E. Burwell Trust dated 12/21/2007, which now holds 35,820 shares following this purchase.
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.