---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-057049"
form_type: "8-K"
ticker: "HTH"
cik: "0001265131"
company_name: "Hilltop Holdings Inc."
filed_at: "2024-05-03T23:59:59+00:00"
generated_at: "2026-06-02T22:57:11.751226+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Hilltop Holdings EVP Jerry Schaffner retires; gets $2M supplemental payment, $2.7M prior payment

## Summary
- Jerry L. Schaffner retired from all positions effective May 1, 2024, except as director of PlainsCapital Bank.
- Schaffner receives $2,694,120 (Prior Agreement Payment plus interest), $29,809 COBRA, and $2,000,000 by Jan 15, 2025.
- Unvested RSUs continue to vest so long as Schaffner remains a PlainsCapital Bank director.
- Jeremy B. Ford, current President and CEO of Hilltop, becomes CEO of PlainsCapital Bank.
- Agreement includes non-competition, non-solicitation, non-disparagement for three-year restricted period.

## SEC filing metadata
- accession: 0001104659-24-057049
- form_type: 8-K
- ticker: HTH
- cik: 0001265131
- company_name: Hilltop Holdings Inc.
- filed_at: 2024-05-03T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1265131/000110465924057049/0001104659-24-057049-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1265131/000110465924057049/tm2413426d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-057049
- JSON: https://secwatch.observer/filing/0001104659-24-057049.json
- Plain text: https://secwatch.observer/filing/0001104659-24-057049.txt

## Key facts
- Executive change
  Jerry L. Schaffner retired as other_named_officer at Hilltop Holdings Inc..
  - Action: retired
  source text: Pursuant to the Transition Agreement, Mr. Schaffner resigned from all positions with the Company and its subsidiaries, other than as a director of PlainsCapital Bank.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1265131/000110465924057049/0001104659-24-057049-index.htm
- Executive change
  Jeremy B. Ford changed role as Chief Executive Officer at Hilltop Holdings Inc..
  - Action: became
  - Role: Chief Executive Officer
  source text: As previously announced, on the Retirement Date, Jeremy B. Ford, the Company’s current President and Chief Executive Officer became PlainsCapital Bank’s Chief Executive Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1265131/000110465924057049/0001104659-24-057049-index.htm

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