other material
confidence high
sentiment neutral
materiality 0.30
HomeTrust Bancshares adopts new non-qualified deferred compensation plan effective April 1, 2025
HomeTrust Bancshares, Inc.
- Compensation Committee approved new plan on March 27, 2025, effective April 1, 2025.
- Plan allows directors and eligible senior management to defer receipt of current compensation.
- Existing non-qualified deferred compensation plan was frozen to new deferrals as of December 31, 2024.
- Plan is intended to comply with Section 409A of the Internal Revenue Code.
- Participants may select deemed investment options; accounts credited with returns as if invested in chosen funds.