Fred L. Drake - Feb 13, 2025 Form 4 Insider Report for HBT Financial, Inc. (HBT)

Role
Executive Chairman, Director, 10%+ Owner
Signature
/s/ Renee K. Fehr, Attorney-in-Fact for Fred L. Drake
Stock symbol
HBT
Transactions as of
Feb 13, 2025
Transactions value $
-$322,747
Form type
4
Date filed
2/14/2025, 05:17 PM
Previous filing
Feb 13, 2025
Next filing
Mar 4, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HBT Common Stock, $0.01 par value Sale -$252K -10K -30.46% $25.15 22.8K Feb 13, 2025 By the Fred L. Drake Revocable Trust F1
transaction HBT Common Stock, $0.01 par value Sale -$71.2K -2.83K -12.38% $25.22 20K Feb 14, 2025 By the Fred L. Drake Revocable Trust F2
holding HBT Common Stock, $0.01 par value 46K Feb 13, 2025 Direct
holding HBT Common Stock, $0.01 par value 17.2M Feb 13, 2025 See footnote F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.00 to $25.26, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4.
F2 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.17 to $25.30, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4.
F3 Consists of shares of common stock held by the Heartland Bancorp, Inc. Voting Trust U/A/D May 4, 2016 (the "Voting Trust"). Mr. Drake is the trustee of the Voting Trust and exercises sole voting and investment control over the common stock held thereby. Mr. Drake may be deemed to be the beneficial owner of securities held by the Voting Trust to the extent that he or his immediate family members are beneficiaries of such trust. Mr. Drake disclaims beneficial ownership of the shares held by the Voting Trust except to the extent of his pecuniary interest therein.