---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-24-022730"
form_type: "8-K"
ticker: null
cik: "0000920112"
company_name: "HEARTLAND FINANCIAL USA INC"
filed_at: "2024-04-29T23:59:59+00:00"
generated_at: "2026-06-03T06:07:09.433052+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# HTLF and UMB announce merger; HTLF shareholders to receive 0.55 UMB shares per HTLF share

## Summary
- Each HTLF common share converts into 0.55 UMB common shares; HTLF preferred converts into new UMB preferred series.
- Two-step merger: HTLF first into UMB subsidiary, then into UMB; bank subsidiary merger follows.
- Combined board of 16 directors: 11 from UMB, 5 from HTLF.
- Termination fee of $70 million payable by either party under specified circumstances.
- Regulatory approvals needed from Fed and OCC; shareholder votes required from both HTLF and UMB.

## SEC filing metadata
- accession: 0001140361-24-022730
- form_type: 8-K
- cik: 0000920112
- company_name: HEARTLAND FINANCIAL USA INC
- filed_at: 2024-04-29T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/920112/000114036124022730/0001140361-24-022730-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/920112/000114036124022730/ny20027917x1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-24-022730
- JSON: https://secwatch.observer/filing/0001140361-24-022730.json
- Plain text: https://secwatch.observer/filing/0001140361-24-022730.txt

## Key facts
- Material Agreements
  HEARTLAND FINANCIAL USA INC entered into Agreement and Plan of Merger with UMB Financial Corporation (effective 2024-04-28).
  - Action: entry
  - Agreement: merger
  - Counterparty: UMB Financial Corporation
  - Effective: 2024-04-28
  source text: On April 28, 2024 (the “Signing Date”), Heartland Financial USA, Inc., a Delaware corporation (“HTLF”), entered into an Agreement and Plan of Merger (the “Merger Agreement”) with UMB Financial Corporation, a Missouri corporation (“UMB”) and Blue Sky Merger Sub Inc., a Delaware corporation and wholly owned subsidiary of UMB (“Blue Sky Merger Sub”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/920112/000114036124022730/0001140361-24-022730-index.htm

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