---
schema_version: "secwatch.filing_event.v1"
accession: "0000732417-26-000044"
form_type: "8-K"
ticker: "HBIA"
cik: "0000732417"
company_name: "HILLS BANCORPORATION"
filed_at: "2026-04-24T23:59:59+00:00"
generated_at: "2026-05-15T04:20:07.061051+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Hills Bancorporation approves 2-for-1 stock split; record date June 1, 2026

## Summary
- Board has approved a 2-for-1 stock split of common stock, no par value.
- Shareholders of record on June 1, 2026 receive one additional share per share held, distributed June 8, 2026.
- Authorized shares increase from 20 million to 40 million; equity awards proportionally adjusted with option prices halved.
- No shareholder action required; shares issued in book-entry form via Computershare.
- Articles of Amendment to be filed with Iowa Secretary of State.

## SEC filing metadata
- accession: 0000732417-26-000044
- form_type: 8-K
- ticker: HBIA
- cik: 0000732417
- company_name: HILLS BANCORPORATION
- filed_at: 2026-04-24T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/732417/000073241726000044/0000732417-26-000044-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/732417/000073241726000044/hbia-20260420.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000732417-26-000044
- JSON: https://secwatch.observer/filing/0000732417-26-000044.json
- Plain text: https://secwatch.observer/filing/0000732417-26-000044.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.