HomeTrust Bancshares, Inc. Announces Annual Meeting of Stockholders

TL;DR

<b>HomeTrust Bancshares, Inc. invites stockholders to its annual meeting on May 20, 2024, to vote on director elections, executive compensation, and auditor ratification.</b>

AI Summary

HomeTrust Bancshares, Inc. (HTB) filed a Proxy Statement (DEF 14A) with the SEC on April 8, 2024. Annual meeting of stockholders to be held on May 20, 2024, at 10:00 a.m. local time. Meeting location: Highland Brewing Company, 12 Old Charlotte Highway, Asheville, North Carolina 28803. Key voting items include election of six directors, advisory vote on executive compensation, advisory vote on say-on-pay frequency, and ratification of independent auditors. This is the first annual meeting since the fiscal year end changed from June 30 to December 31, effective January 1, 2024. FORVIS, LLP appointed as independent auditors for the fiscal year ending December 31, 2024.

Why It Matters

For investors and stakeholders tracking HomeTrust Bancshares, Inc., this filing contains several important signals. Stockholders have the opportunity to influence corporate governance through their votes on director nominations and executive compensation policies. The meeting marks a transition to a new fiscal year end (December 31), impacting reporting and potentially strategic planning discussions.

Risk Assessment

Risk Level: low — HomeTrust Bancshares, Inc. shows low risk based on this filing. The filing is a routine proxy statement for an annual meeting, with no immediate financial or operational risks indicated.

Analyst Insight

Review the proposed director nominees and executive compensation details to make informed voting decisions.

Key Numbers

• 6 — Directors (Number of directors to be elected)
• 2024-05-20 — Annual Meeting Date (Date of the annual meeting of stockholders)
• 2024-12-31 — Fiscal Year End (New fiscal year end for which auditors are being ratified)

Key Players & Entities

• HomeTrust Bancshares, Inc. (company) — Registrant name
• May 20, 2024 (date) — Date of annual meeting
• Highland Brewing Company (company) — Location of annual meeting
• Asheville, North Carolina (location) — Location of annual meeting
• FORVIS, LLP (company) — Appointed independent auditors
• December 31, 2024 (date) — Fiscal year end for auditor ratification
• Securities and Exchange Commission (regulator) — Governing body for proxy statements

FAQ

Industry Context

HomeTrust Bancshares, Inc. operates as a savings institution, federally chartered, within the financial services sector.

Regulatory Implications

The filing is made under Schedule 14A of the Securities Exchange Act of 1934, governing proxy solicitations.

What Investors Should Do

1. Review the list of director nominees and their qualifications.
2. Understand the company's executive compensation structure and the advisory vote proposals.
3. Confirm the ratification of FORVIS, LLP as independent auditors for the fiscal year ending December 31, 2024.

Key Dates

• 2024-05-20: Annual Meeting of Stockholders — Key date for voting on corporate matters.
• 2024-04-08: Filing Date — Date the definitive proxy statement was filed with the SEC.

Year-Over-Year Comparison

This filing is a definitive proxy statement (DEF 14A) for the annual meeting, following the company's transition to a new fiscal year end.

Filing Documents

• tm2411124d2_def14a.htm (DEF 14A) — 1176KB
• tm2411124d1_def14aimg001.jpg (GRAPHIC) — 7KB
• tm2411124d1_def14aimg01.jpg (GRAPHIC) — 34KB
• tm2411124d1_def14aimg02.jpg (GRAPHIC) — 31KB
• tm2411124d1_def14aimg03.jpg (GRAPHIC) — 31KB
• tm2411124d1_def14aimg05.jpg (GRAPHIC) — 160KB
• tm2411124d1_def14aimg06.jpg (GRAPHIC) — 192KB
• 0001104659-24-044740.txt (&nbsp;) — 3275KB
• htbi-20231231.xsd (EX-101.SCH) — 9KB
• htbi-20231231_def.xml (EX-101.DEF) — 8KB
• htbi-20231231_lab.xml (EX-101.LAB) — 28KB
• htbi-20231231_pre.xml (EX-101.PRE) — 10KB
• tm2411124d2_def14a_htm.xml (XML) — 259KB

From the Filing

united securities and exchange commission Washington, D.C. 20549 SCHEDULE 14A INFORMATION Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No. ) Filed by the Registrant Filed by a party other than the Registrant Check the appropriate box: Preliminary Proxy Statement Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) Definitive Proxy Statement Definitive Additional Materials Soliciting Material under 240.14a-12 HOMETRUST BANCSHARES, INC. (Name of Registrant as Specified In Its Charter) (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check all boxes that apply): No fee required Fee paid previously with preliminary materials Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11 April 8, 2024 Dear Fellow Stockholder: On behalf of the Board of Directors and management of HomeTrust Bancshares, Inc., we cordially invite you to attend our annual meeting of stockholders. The meeting will be held at 10:00 a.m., local time, on Monday, May 20, 2024, at the Highland Brewing Company, located at 12 Old Charlotte Highway, Asheville, North Carolina 28803. This is our first annual meeting of stockholders since the change in our fiscal year end from June 30 to December 31, which became effective January 1, 2024. An important aspect of the annual meeting process is the stockholder vote on corporate business items. I urge you to exercise your rights as a stockholder to vote and participate in this process. Stockholders are being asked to consider and vote upon: (1) the election of six directors of the Company; (2) an advisory (non-binding) vote on executive compensation (commonly referred to as a "say on pay vote"); (3) an advisory (non-binding) vote on whether future say on pay votes should be held every year, every two years or every three years (commonly referred to as a "say on pay frequency vote"); and (4) the ratification of the appointment of FORVIS, LLP as the Company's independent auditors for the fiscal year ending December 31, 2024. We are again using a Securities and Exchange Commission rule to furnish our proxy statement, Transition Report on Form 10-KT for the transition period from July 1, 2023 to December 31, 2023, and proxy card over the internet to stockholders. This means that stockholders will not receive paper copies of these documents. Instead, stockholders will receive only a notice containing instructions on how to access the proxy materials over the internet. This rule allows us to lower the costs of delivering the annual meeting materials and reduce the environmental impact of the meeting. If you would like to receive printed copies of the materials, the notice contains instructions on how you can request printed copies. Regardless of whether you plan to attend the annual meeting in person, please read the accompanying proxy statement and then vote by internet, telephone or mail as promptly as possible. Voting promptly will save us additional expense in soliciting proxies and will ensure that your shares are represented at the meeting. Your Board of Directors and management are committed to the continued growth and success of HomeTrust Bancshares, Inc. and the enhancement of your investment. As Chairman of the Board, I greatly appreciate your confidence and support. Very truly yours, /s/ Richard T. Williams Richard T. Williams Chairman of the Board NOTICE OF ANNUAL MEETING OF STOCKHOLDERS TO BE HELD MAY 20, 2024 NOTICE IS HEREBY GIVEN that the annual meeting of stockholders of HomeTrust Bancshares, Inc. will be held as follows: TIME AND DATE 10:00 a.m. local time Monday, May 20, 2024 PLACE Highland Brewing Company 12 Old Charlotte Highway Asheville, North Carolina 28803 ITEMS OF BUSINESS (1) The election of six directors. (2) An advisory (non-binding) vote on executive compensation (commonly referred to as a "say on pay vote"). (3) An advisory (non-binding) vote on whether future say on pay votes should be held every year, every two years or every three years (commonly referred to as a "say on pay frequency vote"). (4) The ratification of the appointment of FORVIS, LLP as HomeTrust Bancshares, Inc.'s independent auditors for the fiscal year ending December 31, 2024. RECORD DATE Holders of record of HomeTrust Bancshares, Inc. common stock at the close of business on March 20, 2024 are entitled to vote at the annual meeting or any adjournment or postponement thereof. PROXY VOTING It is very important that your shares be represented and voted at the annual meeting. Regardless of whether you plan to attend the annual meeting in person, please read the accompanying proxy statement and then vote by internet, telephone or mail as promptly as possible. BY ORDER OF THE BOARD OF DIRECTORS /s/ RICHARD T. WILLIAMS RICHARD T. WILLIAMS Chairman of the Board Asheville, North Ca

View Full Filing

View this DEF 14A filing on SEC EDGAR