DRAKE FRED L 4
4 · HBT Financial, Inc. · Filed Mar 4, 2025
Insider Transaction Report
Form 4
DRAKE FRED L
DirectorExecutive Chairman10% Owner
Transactions
- Award
Common Stock, $0.01 par value
2025-02-28+2,800→ 48,803 total - Tax Payment
Common Stock, $0.01 par value
2025-02-28$25.00/sh−1,794$44,850→ 47,009 total - Award
Common Stock, $0.01 par value
2025-02-28+9,203→ 56,212 total - Tax Payment
Common Stock, $0.01 par value
2025-02-28$25.00/sh−2,692$67,300→ 53,520 total
Holdings
- 17,210,400(indirect: See footnote)
Common Stock, $0.01 par value
- 20,000(indirect: By Trust)
Common Stock, $0.01 par value
Footnotes (5)
- [F1]The reporting person received 2,800 restricted stock units ("RSUs") under the HBT Financial, Inc. Omnibus Incentive Plan. The RSUs vest in three annual installments, with 33% vesting on February 28, 2026, 33% vesting on February 28, 2027, and 34% vesting on February 29, 2028.
- [F2]Represents shares withheld to satisfy the tax obligation on vested restricted stock units.
- [F3]Shares of common stock acquired upon settlement of performance restricted stock unit award granted to the reporting person on February 25, 2022.
- [F4]Represents shares withheld to satisfy the tax obligation on vested performance restricted stock units.
- [F5]Consists of shares of common stock held by the Heartland Bancorp, Inc. Voting Trust U/A/D May 4, 2016 (the "Voting Trust"). Mr. Drake is the trustee of the Voting Trust and exercises sole voting and investment control over the common stock held thereby. Mr. Drake may be deemed to be the beneficial owner of securities held by the Voting Trust to the extent that he or his immediate family members are beneficiaries of such trust. Mr. Drake disclaims beneficial ownership of the shares held by the Voting Trust except to the extent of his pecuniary interest therein.