Globokar Brian R. 4

What Happened
Brian R. Globokar, Senior Vice President and Director of Trust & Wealth Management at HILLS BANCORPORATION, acquired 30.675 shares through the company's employee stock purchase plan (ESPP) on April 1, 2026. The shares were purchased at $73.35 per share for a total value of approximately $2,250. This was an acquisition (award/purchase) rather than a sale.

Key Details

• Transaction date and price: 2026-04-01 — 30.675 shares at $73.35 per share.
• Total value: approximately $2,250.
• Shares owned after the transaction: not disclosed in the Form 4 filing.
• Footnote: F1 — shares acquired under the Company's employee stock purchase plan on 4/1/2026.
• Filing date: Form 4 filed 2026-04-03 (two days after the transaction), which is within the standard Form 4 reporting window.

Context
This was an ESPP acquisition — a routine employee purchase under a company plan, often funded via payroll deductions. Such purchases are factual disclosures of insider buying; while purchases can be viewed as modestly positive, ESPP transactions are commonly automatic and do not necessarily signal a change in the insider’s view of the company. The transaction size here is small (~$2.25k).