[Form 4] HomeTrust Bancshares, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Megan Pelletier, Executive Vice President of HomeTrust Bancshares, Inc. (HTBI), reported insider transactions dated 08/14/2025. The filing shows adjustment and vesting activity for performance-based restricted stock units (RSUs): a target award of 1,417 shares was adjusted and 1,004 shares vested on August 14, 2025. On the same date she disposed of 288 shares in an open-market sale at $39.86 per share, reducing her direct holdings from 9,759 to 9,471 shares. She also holds 959 shares indirectly through a KSOP and was granted a stock option covering 5,000 shares with a $27.04 exercise price and a multi-year vesting schedule (20% annually beginning February 11, 2023).

The report was signed by an attorney-in-fact on behalf of Ms. Pelletier on 08/15/2025.

Positive

• 1,004 performance RSUs vested, showing achievement of performance goals and alignment with compensation metrics
• 5,000-share stock option granted at a $27.04 exercise price with multi-year vesting, aligning executive incentives with shareholder value

Negative

• 288 shares sold at $39.86, reducing direct holdings from 9,759 to 9,471 shares (disposition may indicate partial liquidity)

Insights

Securities Analyst

TL;DR Officer received vested performance RSUs and stock options while selling a small portion of shares.

The filing documents routine compensation and liquidity activity rather than a change in corporate control or material shift in insider ownership. The vesting of 1,004 performance-based RSU shares reflects earned compensation tied to prior performance goals, and the grant of a 5,000-share option at a $27.04 strike price increases potential upside alignment with shareholders. The sale of 288 shares at $39.86 is modest relative to total direct holdings and appears consistent with routine diversification or tax/settlement needs. No new material risk or governance issues are indicated by this Form 4.

Corporate Governance Expert

TL;DR Transactions are standard executive compensation events with transparent reporting.

The adjustment and vesting of performance-based RSUs using the target metric and the documented vesting amount (1,004 shares) follow typical incentive plan mechanics. The option grant under the 2013 Omnibus Incentive Plan with staged vesting aligns with long-term retention practices. The signature by an attorney-in-fact is properly disclosed. From a governance perspective, these are routine, properly disclosed Section 16 transactions without indications of preferential treatment or undisclosed arrangements in the filing.

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
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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^*

Pelletier Megan

(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		413(1)	D	$0	9,759	D
Common Stock	08/14/2025		F		288	D	$39.86	9,471	D
Common Stock								959	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	$27.04							(2)	05/02/2032	Common Stock	5,000		5,000	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 (1,417 shares). The award vested as to 1,004 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, 2023, 2024, 2025, 2026 and 2027.

Remarks:

	/s/ Tony J. VunCannon, Attorney-in-Fact for Megan Pelletier	08/15/2025
	** 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.
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FAQ

What insider transactions did HTBI EVP Megan Pelletier report on 08/14/2025?

The Form 4 reports vesting of 1,004 performance RSU shares, a sale of 288 common shares at $39.86, and a 5,000-share stock option grant with a $27.04 strike.

How did Megan Pelletier's direct ownership change after the transactions?

Direct beneficial ownership decreased from 9,759 to 9,471 shares following the reported sale of 288 shares.

What is the nature of the vested RSU award reported by Megan Pelletier?

An adjustment to a performance-based RSU award initially reported with a target of 1,417 shares resulted in 1,004 shares vesting on 08/14/2025 based on performance achievement.

What are the terms of the stock option grant in the Form 4 for HTBI?

The Form 4 discloses a stock option for 5,000 shares with a $27.04 exercise price and a vesting schedule in 20% increments annually (Feb 11 of 2023–2027).

Was the Form 4 signed directly by Megan Pelletier?

The Form 4 was signed by an attorney-in-fact (Tony J. VunCannon) on behalf of Megan Pelletier on 08/15/2025.