HomeTrust (HTBI) EVP Reports Sale and Vesting of Performance RSUs

Rhea-AI Filing Summary

Kristin Y. Powell, Executive Vice President of HomeTrust Bancshares, Inc. (HTBI), reported changes in her beneficial ownership on Form 4. The filing shows a disposition of 635 shares on 08/14/2025 (transaction code J) and a separate disposition of 443 shares at $39.86 on the same date, leaving her with 18,850 shares directly after the sale. The report also notes 3,695 shares indirectly held through a KSOP. Footnotes state an adjustment to a prior award of performance-based restricted stock units (target 2,181 shares) and that 1,546 of those units vested on 08/14/2025 based on performance. The filing lists outstanding stock options covering 12,500 shares across multiple grants with exercise prices ranging from $17.35 to $31.35 and various exercisable/expiration dates through 2032. The form was signed by an attorney-in-fact on 08/15/2025.

Insights

Financial Analyst

TL;DR: Insider sold a small stake, received vested performance shares, and retains meaningful option exposure.

The transactions reported are routine compensation and liquidity events rather than strategic shifts. The sale of 443 shares at $39.86 and the disposition of 635 shares reduced direct holdings to 18,850 shares while 1,546 performance-based restricted stock units vested, increasing immediate shareable compensation. Outstanding options total 12,500 underlying shares across several vintages, providing future upside tied to stock performance. For investors, these moves indicate executive monetization and the company continuing to deliver performance-based awards that vested per plan metrics. No new issuances or material financing events are disclosed.

Corporate Governance Expert

TL;DR: Filing shows standard executive compensation activity with appropriate disclosure; no governance red flags.

The Form 4 discloses a mix of disposals, vesting of performance-based RSUs, and existing option holdings. The footnote clearly explains the PSU adjustment and vesting outcome, aligning with compensation plan mechanics. Transactions appear to be reported promptly and include an attorney-in-fact signature, evidencing procedural compliance. There is no indication of unusual timing, related-party transfers, or undisclosed agreements in the filing text provided.

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

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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^*

POWELL KRISTIN Y.

(Last) (First) (Middle)

C/O HOMETRUST BANCSHARES, INC.

10 WOODFIN STREET

(Street)

ASHEVILLE NC 28801

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
HomeTrust Bancshares, Inc. [ HTB ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

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

3. Date of Earliest Transaction (Month/Day/Year)
08/14/2025

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	08/14/2025		J		635(1)	D	$0	19,293	D
Common Stock	08/14/2025		F		443	D	$39.86	18,850	D
Common Stock								3,695	I	By KSOP

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
Stock Option	$17.35							(2)	02/11/2026	Common Stock	2,000		2,000	D
Stock Option	$24.95							(3)	02/11/2027	Common Stock	1,000		1,000	D
Stock Option	$26							(4)	02/11/2028	Common Stock	5,000		5,000	D
Stock Option	$22.92							(5)	02/11/2031	Common Stock	2,000		2,000	D
Stock Option	$31.35							(6)	02/11/2032	Common Stock	2,500		2,500	D

Explanation of Responses:

1. Represents adjustment in number of shares relating to award of performance-based restricted stock units previously reported on February 10, 2023, using target number of shares (2,181 shares). The award vested as to 1,546 shares on August 14, 2025, based on the level of achievement of the performance goal.

2. Represents stock option granted under Issuer's 2013 Omnibus Incentive Plan with the following vesting schedule: 20% increments on February 11, 2017, 2018, 2019, 2020 and 2021.

3. Represents stock option granted under Issuer's 2013 Omnibus Incentive Plan with the following vesting schedule: 20% increments on February 11, 2018, 2019, 2020, 2021 and 2022.

4. Represents stock option granted under Issuer's 2013 Omnibus Incentive Plan with the following vesting schedule: 20% increments on February 11, 2019, 2020, 2021, 2022 and 2023.

5. Represents stock option granted under Issuer's 2013 Omnibus Incentive Plan with the following vesting schedule: 20% increments on February 11, 2022, 2023, 2024, 2025 and 2026.

6. Represents stock option granted under Issuer's 2013 Omnibus Incentive Plan with the following vesting schedule: 20% increments on February 11, 2023, 2024, 2025, 2026 and 2027.

Remarks:

	/s/ Tony J. VunCannon, Attorney-in-Fact for Kristin Y. Powell	08/15/2025
	** Signature of Reporting Person	Date
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