# EDGAR Filing Document

**Accession Number:** 0001325878
**File Stem:** 0001325878-26-000049
**Filing Date:** 2026-3
**Character Count:** 18530
**Document Hash:** 07edf9616b7a73c747baade2a2fca19c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001325878-26-000049.hdr.sgml**: 20260311

**ACCESSION NUMBER**: 0001325878-26-000049

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 13

**CONFORMED PERIOD OF REPORT**: 20260306

**ITEM INFORMATION**: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20260311

**DATE AS OF CHANGE**: 20260311

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Federal Home Loan Bank of Topeka
- **CENTRAL INDEX KEY:** 0001325878
- **STANDARD INDUSTRIAL CLASSIFICATION:** FEDERAL & FEDERALLY-SPONSORED CREDIT AGENCIES [6111]
- **ORGANIZATION NAME:** 02 Finance
- **EIN:** 480561319
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 000-52004
- **FILM NUMBER:** 26742887

**BUSINESS ADDRESS:**
- **STREET 1:** 500 SW WANAMAKER ROAD
- **STREET 2:** PO BOX 176
- **CITY:** TOPEKA
- **STATE:** KS
- **ZIP:** 66601-0176
- **BUSINESS PHONE:** 785 233 0507

**MAIL ADDRESS:**
- **STREET 1:** 500 SW WANAMAKER ROAD
- **STREET 2:** PO BOX 176
- **CITY:** TOPEKA
- **STATE:** KS
- **ZIP:** 66601-0176

?xml version='1.0' encoding='ASCII'? fhlbt-20260306

**UNITED STATES SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 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 6, 2026

**Federal Home Loan Bank of Topeka** 

__________________________________________

(Exact name of registrant as specified in its charter)

---

| | | |
|:---|:---|:---|
| **Federally chartered corporation of the United States** | **000-52004** | **48-0561319** |
| (State or other jurisdiction<br>of incorporation) | (Commission<br>File Number) | (I.R.S. Employer<br>Identification No.) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**500 SW Wanamaker Road,**<br>**Topeka**, **KS** |  | **66606** |
| (Address of principal executive offices) |  | (Zip Code) |

---

Registrant's telephone number, including area code: 785.233.0507

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:

☐&nbsp;&nbsp;&nbsp;&nbsp;Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐&nbsp;&nbsp;&nbsp;&nbsp;Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐&nbsp;&nbsp;&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐&nbsp;&nbsp;&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

---

| | | |
|:---|:---|:---|
| **Title of each class** | **Trading Symbol(s)** | **Name of each exchange**<br>**on which registered** |
| None | N/A | N/A |

---

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).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Emerging growth company ☐

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. ☐

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**<u>[Top of Form](#i5905a260ab99451abee25bb9ab1ec356_4)</u>**

**Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.**

On March 6, 2026, the Federal Housing Finance Agency ("FHFA") informed Federal Home Loan Bank of Topeka ("FHLBank") of its non-objection to FHLBank's submission of its 2026 Executive Incentive Compensation Plan ("EICP") Targets, Metric Weights, Goal Metrics, and Metric Performance Ranges (the "Target Document") adopted by the Board of Directors of FHLBank ("Board") on December 19, 2025.

Annually, the Board is responsible for establishing performance measures by approving a Target Document for the operations of FHLBank's EICP for the applicable fiscal year. The Target Document covers the 2026 "Base Performance Period" (January 1, 2026 through December 31, 2026) and defines three achievement levels for each Performance Measure: Threshold, Target, and Optimum. Performance between Threshold-Target and Target-Optimum is calculated by linear interpolation. Eligibility in the EICP is limited to a select group of key management or other highly-compensated employees, including FHLBank's Named Executive Officers.

The Target Document establishes metrics for the Base Performance Period, which are measured by the results achieved by FHLBank in attaining specified performance levels in the following three areas and are weighted as follows:

---

| | | |
|:---|:---|:---|
| **Goal Objective** | **Metric** | **Weight** |
| **Mission**<br>**Alignment** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Advance Penetration (10%)<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Member Participation in Housing and Community Development Programs (10%)<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Housing Supply (10%) | **30%** |
| **Financial Performance** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Return on Equity Spread (35%) | **35%** |
| **Risk Management** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Market, Credit, Liquidity (17.5%)<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Compliance, Business, Operations (17.5%) | **35%** |
|  | **Total:** | **100%** |

---

FHLBank must also maintain a daily average Total Regulatory Capital of 4.75 percent for 2026. If FHLBank's daily average Total Regulatory Capital as a percentage of average Total Assets is below 4.75 percent for 2026, the Total Base Opportunity for the Financial Performance Goal will be adjusted downward.

Total awards payable under the Target Document are not determinable at this time.

For additional information about FHLBank's EICP, see FHLBank's Annual Report on Form 10-K filed with the Securities and Exchange Commission on March 13, 2025.

The foregoing description of the Target Document is qualified in its entirety by reference to the Target Document attached hereto as Exhibit 10.1 and incorporated herein by reference.

**Item 9.01 Financial Statements and Exhibits.**

(d) Exhibits

---

| | |
|:---|:---|
| &nbsp;&nbsp;**Exhibit Index** | &nbsp;&nbsp;**Exhibit Description** |
| <u>[10.1](exhibit101eicptrgts.htm)</u> | &nbsp;&nbsp;2026 Executive Incentive Compensation Plan Targets, dated December 19, 2025 |
| 104 | &nbsp;&nbsp;Cover Page Interactive Data File embedded within the Inline XBRL document. |

---

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**<u>[Top of Form](#i5905a260ab99451abee25bb9ab1ec356_4)</u>**

**SIGNATURES** 

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.

---

| | |
|:---|:---|
| | Federal Home Loan Bank of Topeka |
| 03/11/2026 | *By: /s/ Carl M. Koupal, III* |
| Date | *Name: Carl M. Koupal, III* |
|  | *Title: Executive Vice President, Chief Mission Officer and Chief Legal Officer, Corporate Secretary* |

---

## Exhibit 10.1

**EXHIBIT 10.1**

**December 19, 2025**

**Federal Home Loan Bank of Topeka**

**Incentive Plan Targets**

**Metric Weights, Goal Metrics and Metric Performance Ranges**

This Incentive Plan Targets document (Targets Document) specifies FHLBank's goal objectives, metrics, metric performance ranges, and goal and metric weights (the Targets) for the participants (Participants) in FHLBank's Executive Incentive Compensation Plan (EICP) and Short-Term Incentive Plan (STIP). These Targets are adopted for the 2026 Performance Period.

**A.<u>Metric Weighting Summary</u> -** The following metric weight for each goal metric is assigned to the Participants:

---

| | | |
|:---|:---|:---|
| **Goal Objective** | **Metric** | **Weight** |
| **Mission**<br>**Alignment** | • Advance Penetration (10%)<br>• Member Participation in Housing and Community Development Programs (10%)<br>• Housing Supply (10%) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**30%** |
| **Financial Performance** | • Return on Equity Spread (35%) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**35%** |
| **Risk Management** | • Market, Credit, Liquidity (17.5%)<br>• Compliance, Business, Operations (17.5%) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**35%** |
|  | **Total:**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**100%** |

---

**B.<u>2026 Base Performance Period Metrics</u>-** The following goal metrics are assigned to the Participants under the Plan. All calculations including interest rates will be rounded to two decimal places.

**<u>Mission Alignment</u>**

**1. Advance Penetration**

<u>Definition:</u> Advance penetration spread is defined as a four-quarter average of the total advances outstanding to members divided by the total assets of members less the same measurement of total advances to total assets for members of other FHLBanks.

<u>Measure</u>: Advance penetration spread is calculated as of September 30, 2026, and consists of a four-quarter average where total advances for FHLBank Topeka members are divided by the total member assets at the end of the period and for each of the preceding three quarter-end periods. Those percentages are then averaged and reduced by the same calculation and average percentage penetration for members of other FHLBanks to determine the spread at which FHLBank Topeka's penetration exceeds the system penetration percentage. Members are defined as active members only, excluding housing associates and captive insurance companies. The data is derived from the Federal Home Loan Bank System Quarterly Membership Listing file generated by the FHFA Call Report System**.** 

<u>Performance Range</u>:

---

| | | | |
|:---|:---|:---|:---|
| | % Penetration Spread | % Penetration Spread | % Penetration Spread |
| Goal | Threshold | Target | Optimum |
| Advance Penetration Spread | 1.40% | 2.00% | 2.40% |

---

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2026 Incentive Plan Targets

Page 2 of 5

**2. Member Participation in Housing and Community Development Programs**

<u>Definition</u>: Housing and Community Development Programs include the following seven program categories: (1) the AHP General Fund; (2) TurnKey; (3) Community Advance Products; (4) Native American Housing Initiatives Grants Program (NAHI); (5) Mortgage Rate Reduction Product; (6) Lending Enhancement Advance Program (LEAP); and (7) Affordable Housing Institute at Metropolitan State University at Denver. Participation in the AHP General Fund means a member submits an AHP General Fund application. Participation in TurnKey means a member submits a reservation for a TurnKey product. Participation in a Community Advance Product means a member has an approved Community Housing Program or Community Development Program application. Participation in NAHI means a member submits a NAHI application. Participation in the Mortgage Rate Reduction Product means a member sells to FHLBank a mortgage using the product. Participation in LEAP means a member receives an advance under the terms of the program. Participation in the Affordable Housing Institute at Metropolitan State University of Denver means a member submits a request for a scholarship reimbursement for non-credit courses at the institute.

<u>Measure</u>: Achievement is measured by adding the number of members participating in each of the seven Housing and Community Development Programs offered by FHLBank in the calendar year. Member participation shall be counted separately for participation in each of the seven program categories. Member participation is counted irrespective of whether the member was acquired, merged, or otherwise terminates FHLBank membership.

<u>Performance Range</u>:

---

| | | | |
|:---|:---|:---|:---|
| | Member Participation in Housing and Community Development Programs | Member Participation in Housing and Community Development Programs | Member Participation in Housing and Community Development Programs |
| &nbsp;&nbsp;Goal | Threshold | Target | Optimum |
| &nbsp;&nbsp;Member Participation in Housing and Community Development Programs | 300 | 325 | 350 |

---

**3. Housing Supply**

<u>Definition:</u> Housing supply is defined as the number of affordable housing units created and preserved by projects that receive AHP General Fund awards, including owner occupied rehabilitation and the creation of new units.

<u>Measure</u>: Achievement is measured by totaling the number of units supported by AHP General Funds awarded in the 2026 round, including owner occupied rehabilitation and new housing units. AHP General Funds include awards receiving statutory and/or voluntary contributions. The count is determined by the number of units reported in the awarded AHP applications. The measurement excludes downpayment assistance projects.

<u>Performance Range</u>:

---

| | | | |
|:---|:---|:---|:---|
|  | Housing Supply | Housing Supply | Housing Supply |
| &nbsp;&nbsp;Goal | Threshold | Target | Optimum |
| &nbsp;&nbsp;Owner Occupied Rehabilitation and Rental Units Supported by FHLBank's AHP General Fund | 1100 | 1250 | 1400 |

---

Board Discretion: In the event FHLBank does not achieve Target, the Board of Directors' in its discretion, may adjust management's performance under this goal between Threshold and Target. The Board of Directors may consider any factors it deems relevant in adjusting performance within the identified range related to FHLBank's performance associated with housing supply or HCD programs, including housing supply supported by other HCD

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2026 Incentive Plan Targets

Page 3 of 5

programs, the number of homeowners supported through down payment assistance programs, and actions by management to support increased housing supply or use of FHLBank's HCD programs.

**<u>Financial Performance</u>**

**Return on Equity Spread to Secured Overnight Financing Rate (SOFR)**

<u>Definition</u>: The spread between (a) adjusted net income (as defined below) divided by the daily average total regulatory capital and (b) the daily average of overnight SOFR.

• Adjusted net income is calculated as net income calculated under generally accepted accounting principles (GAAP), excluding the following items:

oRequired AHP regulatory assessment

oVoluntary contributions to housing programs

oIncurred Withdrawal Liability expense

oFair value fluctuations on designated fair value hedge relationships, economic hedges, and other derivatives as required by accounting standards

oRealized and unrealized gains/losses on securities

oPrepayment/yield maintenance fees

oGains/losses on mortgage loans held for sale

oGains/losses on early retirement of debt and related derivatives

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2026 Incentive Plan Targets

Page 4 of 5

<u>Performance Range</u>:

---

| | |
|:---|:---|
|  | **Annual Performance Range** |
| &nbsp;&nbsp;&nbsp;Threshold | 3.50% |
| &nbsp;&nbsp;&nbsp;Target | 4.75% |
| &nbsp;&nbsp;&nbsp;Optimum | 5.75% |

---

**<u>Required Total Regulatory Capital</u>**

FHLBank shall maintain a daily average Total Regulatory Capital as a percentage of average Total Assets of 4.75 percent for 2026. If FHLBank's daily average Total Regulatory Capital as a percentage of average Total Assets is below 4.75 percent for 2026, the Total Base Opportunity available to Participants for the Financial Performance Goals shall be adjusted as reflected in the table below.

---

| | |
|:---|:---|
| **Daily Average Total Regulatory Capital for 2026** | **Financial Performance Goals Adjustment** |
| ≥4.75% | 0% |
| ≥4.70% and <4.75% | -25% |
| ≥4.65% and <4.70% | -50% |
| ≥4.60% and <4.65% | -75% |
| <4.60% | -100% |

---

**<u>Risk Management</u>**

**1. Risk Management – Market, Credit and Liquidity Risks**

<u>Definition</u>: Management of FHLBank risks as determined by the weighted average rating by the board of directors in an annual evaluation of the Risk Appetite metrics in this area using a 1 (lowest) to 5 (highest) point scale. General risk categories are market, credit and liquidity risks.

<u>Performance Range:</u>

---

| | |
|:---|:---|
|  | **Score** |
| &nbsp;&nbsp;&nbsp;Threshold | 4.0 |
| &nbsp;&nbsp;&nbsp;Target | 4.5 |
| &nbsp;&nbsp;&nbsp;Optimum  | 5.0 |

---

<u>Risk Management Metric Weights</u>**:** The following metric weight for each goal metric is assigned to the Participants:

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;**Risk Management Category** | **Weighting** |
| &nbsp;&nbsp;&nbsp;Liquidity Risk  | 30% |
| &nbsp;&nbsp;&nbsp;Market Risk  | 40% |
| &nbsp;&nbsp;&nbsp;Credit Risk  | 30% |
| &nbsp;&nbsp;&nbsp;Total | 100% |

---

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2026 Incentive Plan Targets

Page 5 of 5

**2. Risk Management – Compliance, Business and Operations Risks**

<u>Definition</u>: Management of FHLBank risks as determined by the weighted average rating by the board of directors in an annual evaluation of the Risk Appetite metrics in this area using a 1 (lowest) to 5 (highest) point scale. General risk categories are compliance, business and operations risks.

<u>Performance Range</u>:

---

| | |
|:---|:---|
|  | **Score** |
| &nbsp;&nbsp;&nbsp;Threshold | 3.0 |
| &nbsp;&nbsp;&nbsp;Target | 4.0 |
| &nbsp;&nbsp;&nbsp;Optimum  | 5.0 |

---

<u>Risk Management Metric Weights</u>**:** The following metric weight for each goal metric is assigned to the Participants:

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;**Risk Management Category** | **Weighting** |
| &nbsp;&nbsp;&nbsp;Compliance Risk  | 30% |
| &nbsp;&nbsp;&nbsp;Business Risk  | 35% |
| &nbsp;&nbsp;&nbsp;Operations Risk  | 35% |
| &nbsp;&nbsp;&nbsp;Total | 100% |

---

<br>