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): February 10, 2025
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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On February 10, 2025, the Compensation and Human Capital Committee of the Board of Directors of HomeTrust Bancshares, Inc. (the “Company”) approved, for the year ending December 31, 2025, targeted incentive award opportunities and performance measures and weightings under the Company’s Senior Leadership Incentive Plan (the “Plan”).
For the year ending December 31, 2025, the targeted incentive award opportunities for the following executive officers (each of whom was a named executive officer in the Company’s most recent annual meeting proxy statement) were established: C. Hunter Westbrook, President and Chief Executive Officer, 50% of annual base salary; Tony J. VunCannon, Executive Vice President, Chief Financial Officer, Corporate Secretary and Treasurer, 40% of annual base salary; Megan Pelletier, Executive Vice President, Chief Operations and People Officer, 30% of annual base salary; Kristin Y. Powell, Executive Vice President and Consumer and Business Banking Group Executive, 40% of annual base salary; and John F. Sprink, II, Executive Vice President, Commercial Banking Group Executive, 40% of annual base salary. The Plan performance measures and weightings will be as follows for Mr. Westbrook, Mr. VunCannon and Ms. Pelletier: adjusted pretax, pre-provision income (100% weighting). The Plan performance measures and weightings will be as follows for Ms. Powell and Mr. Sprink: adjusted pretax, pre-provision income (50% weighting); and division profitability (50% weighting).
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.
| HOMETRUST BANCSHARES, INC. | |||||||||||
| Date: February 13, 2025 | By: | /s/ Tony J. VunCannon | |||||||||
| Tony J. VunCannon | |||||||||||
| Executive Vice President, Chief Financial Officer, Corporate Secretary and Treasurer | |||||||||||
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