# EDGAR Filing Document

**Accession Number:** 0001789510
**File Stem:** 0001415889-23-003818
**Filing Date:** 2023-3
**Character Count:** 7174
**Document Hash:** c4b5a8c5cc18a3ec92df6b4aa213a5c6
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001415889-23-003818.hdr.sgml**: 20230302

**ACCESSION NUMBER**: 0001415889-23-003818

**CONFORMED SUBMISSION TYPE**: 4

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20230228

**FILED AS OF DATE**: 20230302

**DATE AS OF CHANGE**: 20230302

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** DRAKE ALLEN C
- **CENTRAL INDEX KEY:** 0001789510

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-39085
- **FILM NUMBER:** 23699456

**MAIL ADDRESS:**
- **STREET 1:** 401 N. HERSHEY ROAD
- **CITY:** BLOOMINGTON
- **STATE:** IL
- **ZIP:** 61702
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** HBT Financial, Inc.
- **CENTRAL INDEX KEY:** 0000775215
- **STANDARD INDUSTRIAL CLASSIFICATION:** STATE COMMERCIAL BANKS [6022]
- **IRS NUMBER:** 371117216
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**BUSINESS ADDRESS:**
- **STREET 1:** 401 N. HERSHEY ROAD
- **CITY:** BLOOMINGTON
- **STATE:** IL
- **ZIP:** 61702
- **BUSINESS PHONE:** (309) 662-4444

**MAIL ADDRESS:**
- **STREET 1:** 401 N. HERSHEY ROAD
- **CITY:** BLOOMINGTON
- **STATE:** IL
- **ZIP:** 61702

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** HEARTLAND BANCORP, INC.
- **DATE OF NAME CHANGE:** 20190624

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** HEARTLAND BANCORP
- **DATE OF NAME CHANGE:** 19850822

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 4

### STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

[ ] Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>DRAKE ALLEN C<br><sub>(Last) (First) (Middle)</sub><br>C/O HBT FINANCIAL, INC.<br>401 N. HERSHEY ROAD<br><sub>(Street)</sub><br>BLOOMINGTON, IL 61704<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2023-02-28 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[X] Director [X] 10% Owner<br>[ ] Officer (give title below) [ ] Other (specify below)<br>_ _ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>HBT Financial, Inc. [ HBT ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | 3. Transaction Code (V) | 3. Transaction Code (V) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | Code | V | Amount | (A) or (D) | Price | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| Common Stock, $0.01 per value<sup>(1)</sup> | 2023-03-02 |  | A |  | 550 | A | $0 | 2200 | D |  |
| Common Stock, $0.01 par value |  |  |  |  |  |  |  | 5939880 | I | See Footnote<sup>(2)</sup> |
| Common Stock, $0.01 par value |  |  |  |  |  |  |  | 11318 | I | See Footnote<sup>(3)</sup> |
| Common Stock, $0.01 par value |  |  |  |  |  |  |  | 200980 | I | See Footnote<sup>(4)</sup> |

---

## Table II - Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | 4. Transaction Code (V) | 4. Transaction Code (V) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 6. Date Exercisable and Expiration Date | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Underlying Securities | 7. Title and Amount of Underlying Securities | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

---

### Footnotes:

(1) The reporting person received 550 restricted stock units ("RSUs") under the HBT Financial, Inc. Omnibus Incentive Plan. The RSUs fully vest on February 29, 2024.

(2) The reporting person is the trustee of the George E. Drake Inter-Vivos Family Trust (the "Inter-Vivos Trust") and may be deemed to be the beneficial owner of shares held by the Inter-Vivos Trust to the extent that he or his immediate family members are beneficiaries of such trust. The Inter-Vivos Trust's interest in the common stock is represented by trust certificates issued by the Heartland Bancorp, Inc. Voting Trust U/A/D May 4, 2016 (the "Voting Trust"), which are held by the Inter-Vivos Trust. The reporting person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.

(3) The reporting person's interest in the common stock is represented by trust certificates issued by the Voting Trust held by the reporting person.

(4) The reporting person's interest in the common stock is represented by trust certificates issued by the Voting Trust held by the reporting person's spouse. The reporting person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.

**Signature:** /s/ Renee K. Fehr, Attorney-in-Fact  
**Date:** 2023-03-02

### Remarks:

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

**Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.**