{"schema_version":"secwatch.filing_event.v1","accession":"0000732417-23-000027","form_type":"8-K","ticker":"HBIA","cik":"0000732417","company_name":"HILLS BANCORPORATION","filed_at":"2023-04-18T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.110296+00:00","generated_at":"2026-06-17T01:00:31.957650+00:00","sec_items":["5.07"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"confidence":"high","headline":"Hills Bancorporation shareholders elect directors, approve say-on-pay and auditor","bullets":["Four directors elected: Emily Hughes, Ann Marie Rhodes, James Schmitt, Lisa Shileny, each with >4.6M votes for.","Non-binding advisory vote on executive compensation passed with 4.39M for vs 146K against.","FORVIS LLP ratified as independent auditor with 4.98M for, 37K against, 290K abstain.","Annual meeting held April 17, 2023; all proposals carried by wide margins."],"urls":{"canonical":"https://secwatch.observer/filing/0000732417-23-000027","json":"https://secwatch.observer/filing/0000732417-23-000027.json","markdown":"https://secwatch.observer/filing/0000732417-23-000027.md","text":"https://secwatch.observer/filing/0000732417-23-000027.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/732417/000073241723000027/0000732417-23-000027-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/732417/000073241723000027/hbia-20230417.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T01:00:31.957650+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"54ef30acf10bc7a4483d0bb925a942fe757d83e4","claim":"HILLS BANCORPORATION shareholders approved Non-Binding Advisory Vote on Executive Compensation at the 2023-04-17 meeting.","evidence_excerpt":"Proposal 2 - Non-Binding Advisory Vote on Executive Compensation The shareholders approved executive compensation. For 4,388,178.79 Against 146,043.64 Abstain 392,534.46 Broker Non-Votes 381,448.00","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/732417/000073241723000027/0000732417-23-000027-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"say on pay"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-04-17"}],"fact_type":"shareholder_vote"},{"claim_id":"9ace5b0dc804f9b75239980eea923673e2038120","claim":"HILLS BANCORPORATION shareholders approved Non-Binding Appointment of FORVIS LLP as the independent registered public accounting firm for Hills Bancorporation at the 2023-04-17 meeting.","evidence_excerpt":"Proposal 3 - Non-Binding Appointment of FORVIS LLP as the independent registered public accounting firm for Hills Bancorporation For 4,980,327.37 Against 37,362.55 Abstain 290,514.97 Broker Non-Votes —","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/732417/000073241723000027/0000732417-23-000027-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"auditor ratification"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-04-17"}],"fact_type":"shareholder_vote"},{"claim_id":"c2eeba7cad694a98bcf983a2bde6a07f1a986792","claim":"HILLS BANCORPORATION shareholders approved Election of Directors at the 2023-04-17 meeting.","evidence_excerpt":"Proposal 1 - Election of Directors The following individuals were elected to serve as directors to hold office until the 2026 annual meeting: For Withhold Authority Broker Non-Votes Emily A. Hughes 4,898,618.38 28,138.51 381,448.00 Ann Marie Rhodes 4,651,144.88 275,612.01 381,448.00 James C. Schmitt 4,798,476.64 128,280.25 381,448.00 Lisa A. Shileny 4,825,392.21 101,364.68 381,448.00","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/732417/000073241723000027/0000732417-23-000027-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"director election"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-04-17"}],"fact_type":"shareholder_vote"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}