Form 4: HBT Financial EVP Transfers Shares to Living Trust
SEC Form 4 Filing
Mark W. Scheirer, EVP & Chief Credit Officer of HBT Financial, Inc., transferred 5,257 shares of common stock to a living trust on May 13, 2024.
Summary
- Mark W. Scheirer, an EVP & Chief Credit Officer at HBT Financial, Inc., filed a Form 4 on May 14, 2024.
- On May 13, 2024, Scheirer transferred 5,257 shares of HBT Financial common stock to a living trust.
- Following the transaction, Scheirer directly owns 2,829 shares and indirectly owns 24,272 shares through the MLNT Family Trust dated 5/7/2020.
- The transfer was made to a living trust where Scheirer and his spouse are trustees and beneficiaries.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing regarding a stock transfer to a trust, with no inherent positive or negative implications for the company's performance.
Industry Context
This is a routine disclosure related to an executive's personal financial planning and doesn't necessarily reflect a change in the executive's outlook on the company.
Key Dates
| Date | Description |
|---|---|
| 5/7/2020 | Date of the MLNT Family Trust |
| 05/13/2024 | Date of the stock transfer to the living trust |
| 05/14/2024 | Date of Form 4 filing |
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