Form 4: HBT Financial EVP Andrea Zurkamer Reports Acquisition of Shares and Restricted Stock Units
SEC Form 4 Filing
Andrea Zurkamer, EVP & Chief Risk Officer of HBT Financial, Inc., reports acquiring shares and restricted stock units of the company's common stock.
Summary
- On February 29, 2024, Andrea Zurkamer, EVP & Chief Risk Officer of HBT Financial, Inc., acquired 1,075 restricted stock units (RSUs) under the company's Omnibus Incentive Plan.
- These RSUs vest in three annual installments: 33% on February 28, 2025, 33% on February 28, 2026, and 34% on February 28, 2027.
- Zurkamer also acquired 1,815 shares of common stock upon settlement of a performance restricted stock unit award granted on February 19, 2021.
- Following these transactions, Zurkamer beneficially owns 10,553 shares of HBT Financial, Inc. common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it reports routine transactions. The acquisition of shares by an executive could be seen as a slightly positive sign, but it's not a major event.
Positives
- The acquisition of RSUs and shares by a key executive signals confidence in the company's future performance.
Industry Context
Form 4 filings are a routine part of regulatory compliance for publicly traded companies, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The reported transactions provide shareholders with insight into the actions of company executives.
Key Dates
| Date | Description |
|---|---|
| 02/19/2021 | Date of grant for performance restricted stock unit award. |
| 02/29/2024 | Date of RSU and common stock acquisition. |
| 02/28/2025 | First vesting date for 33% of the acquired RSUs. |
| 02/28/2026 | Second vesting date for 33% of the acquired RSUs. |
| 02/28/2027 | Final vesting date for 34% of the acquired RSUs. |
| 03/04/2024 | Date of signature for the Form 4 filing. |
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