Form 4: HBT Financial Director Roger A. Baker Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Roger A. Baker reports acquisition of restricted stock units and adjustments to indirect ownership of HBT Financial, Inc. shares.
Summary
- On February 29, 2024, Roger A. Baker, a director of HBT Financial, Inc., reported changes in his beneficial ownership of the company's stock.
- Baker acquired 600 restricted stock units (RSUs) under the HBT Financial, Inc. Omnibus Incentive Plan.
- These RSUs will fully vest on February 28, 2025.
- Baker also reported indirect ownership of 423,666 shares held by the Mary Angela Baker 2021 Irrevocable Trust and 363 shares held by the Roger A. Baker 2021 Irrevocable Trust.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it reports a routine transaction. The acquisition of RSUs is generally a positive sign, but it's a standard part of executive compensation.
Positives
- The acquisition of restricted stock units aligns the director's interests with the company's performance.
Future Outlook
The vesting of the RSUs on February 28, 2025, represents a future event that will increase the director's holdings in HBT Financial, Inc.
Industry Context
This filing is a routine disclosure related to changes in beneficial ownership by a company insider, which is common in the financial industry.
Stakeholder Impact
- The change in ownership may have a minor impact on shareholders due to the alignment of the director's interests with the company's performance.
Key Dates
| Date | Description |
|---|---|
| 02/29/2024 | Date of transaction: acquisition of restricted stock units. |
| 02/28/2025 | Vesting date for the 600 restricted stock units. |
| 03/04/2024 | Date of signature for the report. |
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