HomeTrust EVP Converts Options and Sells Shares; 2,000 Exercised, 2,000 Sold

Rhea-AI Filing Summary

Kristin Y. Powell, Executive Vice President of HomeTrust Bancshares (HTBI), reported both an option exercise and an open-market sale on 08/22/2025. She exercised a stock option with a $17.35 exercise price to acquire 2,000 shares and immediately sold 2,000 shares in multiple transactions at a weighted average price of $41.1768, generating a realized spread between exercise price and sale price. After these transactions she directly beneficially owns 18,850 shares and indirectly holds 3,695 shares through a KSOP.

The filing lists outstanding stock options covering additional tranches (totaling 12,500 shares across multiple grants) with various exercise prices and staggered vesting/expiration dates under the 2013 Omnibus Incentive Plan.

Positive

• Exercised options to acquire 2,000 shares at a $17.35 exercise price, converting vested equity into shares
• Realized proceeds from sale of 2,000 shares at a $41.1768 weighted average price, indicating monetization of gain
• Clear disclosure of option vesting schedules and weighted average sale price in footnotes

Negative

• None.

Insights

Securities Analyst

TL;DR: Insider exercised options at $17.35 and sold 2,000 shares at a $41.18 weighted average, modestly monetizing equity.

From a market perspective, the report shows routine executive option exercise and sale rather than a material change in ownership. The exercise converted vested options into 2,000 shares and the subsequent sale at a weighted average price of $41.1768 realized the intrinsic value. Post-transaction direct beneficial ownership stands at 18,850 shares with 3,695 shares indirectly held via a KSOP. Outstanding option positions total 12,500 shares across multiple grants, which could lead to future exercises subject to vesting and expiration schedules.

Corporate Governance Expert

TL;DR: Disclosure is complete and follows Section 16 reporting norms; transactions appear planned and routine.

The Form 4 documents exercise and contemporaneous disposition activity and provides the required footnotes detailing the weighted average sale pricing and option vesting schedules. The presence of multiple option grants with staggered vesting under the issuer's 2013 Omnibus Incentive Plan is standard for executive compensation. There are no disclosures of derivative hedging arrangements or unusual transfer mechanisms beyond KSOP indirect ownership, and the form is signed by an attorney-in-fact, indicating proper execution of reporting formalities.

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)
08/22/2025

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	08/22/2025		M		2,000	A	$17.35	20,850	D
Common Stock	08/22/2025		S		2,000	D	$41.1768(1)	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	08/22/2025		M			2,000	(2)	02/11/2026	Common Stock	2,000	$0	0	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. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $41.10 to $41.335, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

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	08/25/2025
	** 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 transactions did Kristin Y. Powell report on the Form 4 for HTBI?

The report shows an exercise of 2,000 shares at a $17.35 option exercise price and a sale of 2,000 shares at a $41.1768 weighted average price, both dated 08/22/2025.

How many HTBI shares does Kristin Powell beneficially own after these transactions?

After the reported transactions she directly beneficially owns 18,850 shares and indirectly holds 3,695 shares through a KSOP.

What outstanding stock option positions does the filing disclose for Kristin Powell?

The filing lists stock options aggregating to 12,500 underlying shares across grants with exercise prices of $17.35, $24.95, $26.00, $22.92, and $31.35 and staggered vesting/expiration schedules under the 2013 Omnibus Incentive Plan.

What does the footnote about the sale price mean?

The footnote states the $41.1768 price is a weighted average because the 2,000 shares were sold in multiple transactions at prices ranging from $41.10 to $41.335; the filer offers to provide detailed per-trade breakdowns on request.

Was the Form 4 filed individually or on behalf of multiple reporting persons?

The form indicates it was filed by one reporting person (Kristin Y. Powell).