HomeTrust Bancshares Inc. filed SEC Form 8-K: Leadership Update, Submission of Matters to a Vote of Security Holders
$HTBI
Savings Institutions
Finance
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): May 20, 2024
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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 May 20, 2024, F.K. McFarland, III retired as a director of HomeTrust Bancshares, Inc. (the "Company"), the holding company for HomeTrust Bank (the "Bank"), effective at the completion of the Company's annual meeting of stockholders held that day (the "Annual Meeting"). Mr. McFarland also retired as a director of the Bank.
Item 5.07 Submission of Matters to a Vote of Security Holders
The voting results of the Annual Meeting were as follows:
Proposal 1: Election of six directors:
| Nominee | Votes For | Votes Withheld | Broker Non-Votes | |||||||||||||||||
| Jesse J. Cureton, Jr. | 13,086,014 | 401,378 | 2,075,773 | |||||||||||||||||
| Bonnie V. Hancock | 13,112,382 | 375,010 | 2,075,773 | |||||||||||||||||
| Dwight L. Jacobs | 13,049,915 | 437,477 | 2,075,773 | |||||||||||||||||
| John A. Switzer | 13,069,074 | 418,318 | 2,075,773 | |||||||||||||||||
| C. Hunter Westbrook | 13,050,867 | 436,525 | 2,075,773 | |||||||||||||||||
| Richard T. Williams | 12,728,428 | 758,964 | 2,075,773 | |||||||||||||||||
The Company’s directors are elected by a plurality of the votes cast. Accordingly, each of the individuals named above was elected to the term for which they were nominated (a three-year term in the case of Ms. Hancock and Messrs. Switzer, Westbrook and Williams and a two-year term in the case of Messrs. Cureton and Jacobs).
Proposal 2: Advisory (non-binding) vote on executive compensation:
| Votes For | Votes Against | Abstentions | Broker Non-Votes | |||||||||||||||||
| 12,899,834 | 452,123 | 135,435 | 2,075,773 | |||||||||||||||||
The vote required to approve this proposal was the affirmative vote of a majority of the votes cast on the proposal. Accordingly, this proposal was approved.
Proposal 3: An advisory (non-binding) vote on the frequency of future advisory votes on executive compensation:
| 1 Year | 2 Years | 3 Years | Abstentions | Broker Non-Votes | ||||||||||||||||||||||
| 11,897,413 | 153,017 | 1,270,365 | 166,597 | 2,075,773 | ||||||||||||||||||||||
In light of the results of the vote on this item, the Company has determined that it will hold an advisory vote on executive compensation every year until the next required vote on the frequency of advisory votes on executive compensation.
Proposal 4: Ratification of the appointment of FORVIS, LLP as the Company’s independent auditors for the fiscal year ending December 31, 2024:
| Votes For | Votes Against | Abstentions | Broker Non-Votes | |||||||||||||||||
| 15,213,951 | 226,581 | 122,633 | 0 | |||||||||||||||||
The vote required to approve this proposal was the affirmative vote of a majority of the votes cast on the proposal. Accordingly, this proposal was approved.
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: May 21, 2024 | By: | /s/ Tony J. VunCannon | |||||||||
| Tony J. VunCannon | |||||||||||
| Executive Vice President, Chief Financial Officer, Corporate Secretary and Treasurer | |||||||||||
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