Form 4: HBT Financial EVP & CFO Peter Chapman Reports Stock Transactions

Peter Chapman, EVP & CFO of HBT Financial, reports acquisition of restricted stock units and disposition of shares to cover tax obligations.

Summary

• On February 28, 2025, Peter Chapman, the EVP & CFO of HBT Financial, Inc., acquired 2,688 restricted stock units (RSUs) under the company's Omnibus Incentive Plan.
• These RSUs vest in three annual installments: 33% on February 28, 2026, 33% on February 28, 2027, and 34% on February 29, 2028.
• On the same day, Chapman disposed of 2,556 shares of common stock at a price of $25 to satisfy tax obligations related to vested restricted stock units.
• Following these transactions, Chapman beneficially owns 25,273 shares of HBT Financial, Inc. common stock.

Sentiment

Score: 6

Explanation: Neutral sentiment as it's a routine disclosure of stock transactions. The acquisition of RSUs is a positive sign, but the sale of shares to cover taxes is a normal occurrence.

Positives

• The acquisition of restricted stock units indicates confidence in the company's future performance.

Future Outlook

The vesting schedule of the RSUs suggests a multi-year incentive plan for the executive.

Industry Context

Form 4 filings are standard disclosures for corporate insiders and provide transparency into their trading activities, which can be indicative of their sentiment towards the company's prospects.

Stakeholder Impact

• Shareholders may view the RSU acquisition as a positive sign of management's commitment.
• The tax-related sale of shares has a negligible impact on stakeholders.

Key Dates