Form 4: HBT Financial Executive Transfers Shares to Family Trust

Mark W. Scheirer, EVP and Chief Credit Officer of HBT Financial, Inc., transferred 4,118 shares of common stock to a family trust for estate planning purposes.

Summary

• Mark W. Scheirer, Executive Vice President and Chief Credit Officer, executed a transfer of 4,118 shares of HBT Financial common stock on April 30, 2026.
• The shares were moved from direct ownership to the MLNT Family Trust dated 5/7/2020, where Scheirer and his spouse serve as trustees and beneficiaries.
• The transaction was recorded as a gift or transfer with a price of $0.00 per share, indicating no market sale occurred.
• Following this transaction, Scheirer directly owns 3,199 shares and indirectly owns 28,390 shares through the trust.
• The total beneficial ownership remains unchanged at 31,589 shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral administrative event. The executive is not selling shares on the open market but rather reorganizing his holdings for personal estate planning.

Positives

• The executive maintains his full economic stake in the company, signaling continued alignment with shareholder interests.
• The transaction is a non-market event, meaning it did not create downward pressure on the stock price.

Negatives

• There are no negative financial or operational developments disclosed in this administrative filing.

Risks

• No specific business or financial risks are identified in this ownership change report.

Future Outlook

The filing does not provide forward-looking guidance or strategic updates as it is limited to reporting changes in beneficial ownership.

Management Comments

• The reporting person transferred 4,118 shares of common stock to a living trust of which the reporting person and his spouse are trustees.

Industry Context

StockSavvy.ai notes that transfers to family trusts are standard practice among high-ranking bank executives for estate and tax planning. Such moves are generally viewed as neutral by the market as they do not involve the liquidation of equity positions.

Comparison to Industry Standards

• The use of a Rule 10b5-1(c) compliant structure or similar trust transfers is consistent with governance standards at peer regional banks like First Busey Corporation or QCR Holdings.
• The executive's retention of over 31,000 shares is typical for a Chief Credit Officer at a mid-cap financial institution.

Related Party Transactions

• Transfer of 4,118 shares to the MLNT Family Trust, where the reporting person is a trustee and beneficiary.

Stakeholder Impact

• Shareholders: No impact, as the total number of shares held by the executive remains constant.
• Management: Reflects routine personal financial management by the Chief Credit Officer.

Next Steps

• No further actions are required following this routine disclosure.

Key Dates

Keywords

HBT Financial, Insider Trading, Form 4, Mark Scheirer, Executive Ownership, Family Trust, Banking, Estate Planning