Form 4 for HBT HBT Financial, Inc.

Accepted 2026-03-03 00:00:00 ET · period of report 2026-03-01 · accession 0002105124-26-000005 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X	Filed	Traded	Ticker	Insider	Title	Type	Price	Qty	Owned	ΔOwn	Value
	2026-03-03	2026-03-01	HBT	Ruyle Nancy L	Dir	A - Grant	—	+20.9K	20.9K	New	—

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common Stock, $0.01 par value	2026-03-01	A	A	20,868	—	20,868	D	—	—	(F2) Reflects the estimated number of shares of Common Stock to be issued to the Reporting Persons pursuant to the Merger Agreement. The Reporting Persons will file an amendment to this Form 4 to the extent the actual number of shares of Common Stock issued differs from the number reported in column (4). (F1) Acquired pursuant to that certain Agreement and Plan of Merger (the "Merger Agreement") entered into on October 20, 2025, between Issuer and CNB Bank Shares, Inc. ("CNB"). Pursuant to the Merger Agreement, at the effective time of the merger, CNB merged with and into Issuer with Issuer surviving the merger, and each share of common stock, par value $0.01 per share, of CNB outstanding immediately prior to the effective time of the merger, was converted into the right to receive, at the option of the Reporting Persons, the following: (1) (a) 1.0434 shares of common stock, par value $0.01 per share, of HBT Financial, Inc. ("Common Stock") (the "stock consideration"), (b) cash in the amount of $27.73 (the "cash consideration"), or (c) a combination of cash consideration and stock consideration ("mixed consideration"), in each case subject to adjustment and to the election and proration procedures as provided in the Merger Agreement, and (2) cash in lieu of fractional shares.