BUSCH PATRICK F 4
4 · HBT Financial, Inc. · Filed Mar 17, 2026
Research Summary
AI-generated summary of this filing
HBT Financial (HBT) Director Patrick F. Busch Sells 15,000 Shares
What Happened
Patrick F. Busch, a director of HBT Financial, sold 15,000 shares in open-market transactions on March 16, 2026. The Form 4 reports a weighted-average sale price of $26.48, for total proceeds of approximately $397,200. This was a sale (not a purchase or option exercise), which is commonly a routine liquidity event rather than a direct signal of company prospects.
Key Details
- Transaction date: 2026-03-16; Form 4 filed 2026-03-17 (timely filing).
- Transaction type/code: Sale (S), open-market or private sale.
- Price: weighted average $26.48; reported range per footnote: $26.41–$26.56 across multiple trades.
- Total proceeds: ~$397,200 (15,000 shares × $26.48 WAP).
- Shares owned after transaction: not specified in the filing.
- Footnote: reporting person can provide breakdown of shares sold at each price within the stated range upon request.
Context
Sales by directors can reflect personal liquidity needs, portfolio rebalancing, or other non-operational reasons; they are not by themselves evidence about company fundamentals. The filing shows multiple trades aggregated into a weighted-average price (range provided), and there is no indication of an option exercise, gift, 10b5-1 plan, or late filing in this report.
Insider Transaction Report
- Sale
Common Stock, $0.01 par value
[F1]2026-03-16$26.48/sh−15,000$397,200→ 174,544 total(indirect: By Trust)
- 48,500
Common Stock, $0.01 par value
Footnotes (1)
- [F1]The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $26.41 to $26.56, 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.