HBT Financial Inc. DEF 14A: Executive Pay & Governance
Ticker: HBT · Form: DEF 14A · Filed: Apr 9, 2025 · CIK: 775215
Sentiment: neutral
Topics: proxy-statement, executive-compensation, corporate-governance
Related Tickers: HBT
TL;DR
HBT Financial's DEF 14A is out, detailing exec pay for 2024. Shareholders vote soon.
AI Summary
HBT Financial, Inc. filed its DEF 14A on April 9, 2025, detailing executive compensation and corporate governance for the fiscal year ending December 31, 2024. The filing includes information on compensation for key executives such as Mr. Carter and Mr. Drake, and outlines changes in pension values. This annual report is crucial for shareholders to understand how executive pay is structured and how company decisions are made.
Why It Matters
This filing provides shareholders with essential details on executive compensation and corporate governance, enabling informed voting decisions on company leadership and strategy.
Risk Assessment
Risk Level: medium — DEF 14A filings are routine but can reveal significant information about executive compensation, potential conflicts of interest, or changes in corporate strategy that could impact stock value.
Key Numbers
- 2024-12-31 — Fiscal Year End (The period covered by the compensation and governance details in the filing.)
- 20250409 — Filing Date (The date HBT Financial, Inc. submitted this DEF 14A to the SEC.)
Key Players & Entities
- HBT Financial, Inc. (company) — Filer of the DEF 14A
- Mr. Carter (person) — Executive mentioned in compensation tables
- Mr. Drake (person) — Executive mentioned in compensation tables
- HEARTLAND BANCORP, INC. (company) — Former name of HBT Financial, Inc.
FAQ
What is the total compensation for the named executive officers in 2024?
The filing details compensation for named executive officers for the fiscal year ending December 31, 2024, including specific amounts for salary, bonus, stock awards, and other compensation, which can be found in the Summary Compensation Table.
Who are the members of HBT Financial's Board of Directors?
The DEF 14A filing typically lists the current members of the Board of Directors and provides information on their background and committee memberships.
What proposals will be voted on at the upcoming shareholder meeting?
Shareholders will vote on proposals such as the election of directors, ratification of the independent registered public accounting firm, and advisory votes on executive compensation, as detailed in the Proxy Statement.
What is the company's policy on executive stock ownership?
The filing outlines the company's stock ownership guidelines for directors and executive officers, specifying the number of shares they are required to own.
Are there any related-party transactions disclosed in this filing?
The DEF 14A will disclose any transactions between the company and its directors, officers, or significant shareholders, along with the terms and rationale for these transactions.
Filing Details
This Form DEF 14A (Form DEF 14A) was filed with the SEC on April 9, 2025 by Mr. Carter regarding HBT Financial, Inc. (HBT).