secwatch.observer — SEC 8-K summary
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Issuer:     HILLS BANCORPORATION (HBIA)
CIK:        0000732417
Form:       8-K
Filed at:   2026-04-24T23:59:59+00:00
Accession:  0000732417-26-000044
Event type: other_material
Sentiment:  positive
Materiality: 0.50
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/732417/000073241726000044/0000732417-26-000044-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/732417/000073241726000044/hbia-20260420.htm
  HTML page:      https://secwatch.observer/filing/0000732417-26-000044

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