Sprink John Francis II 4

What Happened John Francis Sprink II, an Executive Vice President at HomeTrust Bancshares (HTB), exercised stock options and immediately sold shares on February 6, 2026. He exercised options to acquire 2,000 shares at $17.35 per share (cost $34,700) and sold 2,000 shares in an open-market transaction at $45.00 per share (gross proceeds $90,000). The filing also records a derivative conversion/disposition of 2,000 option units at $0, which reflects the option-to-share conversion tied to the exercise. Net proceeds from the exercise-and-sale before fees and taxes are approximately $55,300.

Key Details

• Transaction date: 2026-02-06
• Exercise: 2,000 shares at $17.35 each — total exercise cost $34,700
• Sale: 2,000 shares at $45.00 each — total proceeds $90,000
• Derivative entry: 2,000 units disposed at $0 — reflects conversion of options into shares
• Shares owned after transaction: not disclosed in the provided filing details
• Footnotes F1–F5: describe vesting schedules for option grants under the Issuer’s 2013 Omnibus Incentive Plan (20% vesting increments across listed years)
• Filing date: 2026-02-06 — appears to be filed on the transaction date (no late filing indicated)
• No 10b5-1 plan, tax withholding, or other sale-plan language reported in the provided data

Context This was an option exercise followed by an immediate open-market sale (a common “cashless” or sell-to-cover pattern). The derivative-disposal line at $0 simply records the conversion of the option instrument into shares as part of that exercise. Such transactions often reflect routine option exercise and liquidity events rather than a directional statement about the company; they are factual disclosures of insider activity.