{"schema_version":"secwatch.filing_event.v1","accession":"0000732417-25-000002","form_type":"8-K","ticker":"HBIA","cik":"0000732417","company_name":"HILLS BANCORPORATION","filed_at":"2025-01-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:06.228808+00:00","generated_at":"2026-05-28T16:36:27.544354+00:00","sec_items":["5.02"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"confidence":"high","headline":"Lisa Shileny becomes President and CEO of Hills Bancorporation effective Jan 1, 2025","bullets":["Appointment effective January 1, 2025; previously announced on October 8, 2024.","Base salary set at $500,000 per year; eligible for discretionary bonuses, equity awards, and ESOP contributions.","Ms. Shileny has been with the company since 2005, most recently serving as President and COO.","No family relationship with directors/executives; no reportable transactions over $120,000 except ordinary loans."],"urls":{"canonical":"https://secwatch.observer/filing/0000732417-25-000002","json":"https://secwatch.observer/filing/0000732417-25-000002.json","markdown":"https://secwatch.observer/filing/0000732417-25-000002.md","text":"https://secwatch.observer/filing/0000732417-25-000002.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/732417/000073241725000002/0000732417-25-000002-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/732417/000073241725000002/hbia-20250101.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-28T16:36:27.544354+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":"2c6010c74d","claim":"Lisa Shileny was appointed as President and CEO at HILLS BANCORPORATION.","evidence_excerpt":"the Board of Directors of Hills Bancorporation (the “Company”), appointed Lisa Shileny as President and CEO of the Company and Hills Bank and Trust Company (“Hills Bank”), on October 8, 2024, to be effective January 1, 2025.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/732417/000073241725000002/0000732417-25-000002-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"President and CEO"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}