FHLBI Files 8-K on Officer/Director Changes, Compensation

TL;DR

**FHLBI just filed an 8-K about changes to its board or executive pay, so keep an eye on leadership.**

AI Summary

The Federal Home Loan Bank of Indianapolis (FHLBI) filed an 8-K on March 23, 2026, under Item 5.02, indicating a change in directors or officers, or their compensatory arrangements. This filing signals potential shifts in leadership or executive pay, which could impact the bank's strategic direction and financial performance. For investors, understanding these changes is crucial as they can influence future stability and profitability, especially for a federally sponsored credit agency.

Why It Matters

Changes in leadership or executive compensation can signal strategic shifts or financial health concerns, directly impacting the company's future performance and investor confidence.

Risk Assessment

Risk Level: medium — Changes in leadership or compensation can introduce uncertainty, but the specific details are not yet public, making the immediate risk moderate.

Analyst Insight

Investors should monitor subsequent filings or company announcements from the Federal Home Loan Bank of Indianapolis for specific details regarding the changes in leadership or compensation, as these will provide clarity on potential impacts to the company's future direction and stability.

Key Players & Entities

• Federal Home Loan Bank of Indianapolis (company) — the filer of the 8-K
• 0001331754 (company) — CIK of the filer
• 2026-03-23 (date) — filing date and period of report
• Item 5.02 (other) — the specific item of the 8-K filing

Forward-Looking Statements

• Further details regarding the specific changes in directors, officers, or compensatory arrangements will be disclosed in subsequent filings or company announcements. (Federal Home Loan Bank of Indianapolis) — high confidence, target: 2026-06-23
• The changes indicated in the 8-K will lead to a shift in the company's strategic priorities or operational focus. (Federal Home Loan Bank of Indianapolis) — medium confidence, target: 2027-03-23

FAQ

Key Financial Figures

• $425,000 — t will be paid an annual base salary of $425,000, prorated for 2026 and remains a Level

Filing Documents

• fhlbi-20260323.htm (8-K) — 25KB
• 0001331754-26-000069.txt ( ) — 137KB
• fhlbi-20260323.xsd (EX-101.SCH) — 2KB
• fhlbi-20260323_def.xml (EX-101.DEF) — 3KB
• fhlbi-20260323_lab.xml (EX-101.LAB) — 21KB
• fhlbi-20260323_pre.xml (EX-101.PRE) — 12KB
• fhlbi-20260323_htm.xml (XML) — 2KB

From the Filing

fhlbi-20260323 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 ______________________________ FORM 8-K ______________________________ CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of report (Date of earliest event reported): March 23, 2026 _____________________________ FEDERAL HOME LOAN BANK OF INDIANAPOLIS (EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER) ______________________________ Federally Chartered Corporation of the 000-51404 35-6001443 United States (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.) 8250 Woodfield Crossing Blvd. Indianapolis IN 46240 (Address of Principal Executive Offices, including Zip Code) (317) 465-0200 (Registrant's Telephone Number, Including Area Code) Not Applicable (Former name or former address, if changed since last report.) ___________________________ Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2 below): o Written communications pursuant to Rule 425 under the Securities Act o Soliciting material pursuant to Rule 14a-12 under the Exchange Act o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered None None None Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (240.12b-2 of this chapter). Emerging growth company o If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o Item 5.02 Departure of Directors or Certain Officers Election of Directors; Appointment of Certain Officers Compensatory Arrangements of Certain Officers As a result of an organizational realignment, on March 23, 2026, the Federal Home Loan Bank of Indianapolis ("Bank") announced that Mr. Gregory L. Teare, Executive Vice President - Chief Financial Officer, was appointed to serve as Chief Financial Strategy Officer. Mr. Teare has served as the Bank's Chief Financial Officer since February 2015. Mr. Chad A. Brandt, age 61, Senior Vice President, was appointed Chief Financial Officer of the Bank, effective March 23, 2026. Mr. Brandt has served as Senior Vice President - Treasurer since January 2016, when he joined the Bank. As a result of this promotion, Mr. Brandt will serve as the Bank's Principal Financial Officer. Neither Mr. Brandt nor any member of his immediate family has or has had any material interest in any transaction or proposed transaction with the Bank. Mr. Brandt will be paid an annual base salary of $425,000, prorated for 2026 and remains a Level 1 Participant under the Bank's 2026 Incentive Compensation Plan. For additional information about the Bank's executive incentive and employee benefit plans, see the Bank's Annual Report on Form 10-K filed with the SEC on March 12, 2026. Mr. Brandt and Mr. Teare are at-will employees. The Bank has not entered into a change in control or other employment agreement with either Mr. Brandt or Mr. Teare but may choose to do so in the future. Both Mr. Brandt and Mr. Teare will continue to be covered by the Key Employee Severance Policy. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: March 23, 2026 FEDERAL HOME LOAN BANK OF INDIANAPOLIS By: /s/BRENDAN W. MCGRATH Brendan W. McGrath President - Chief Executive Officer

View Full Filing

View this 8-K filing on SEC EDGAR