8-K ·Filed Apr 24, 2026
8-K context-dependent: Items 5.02
Actionable Insight • Neutral
Monitor upcoming proxy filings or press releases for announcements of new director appointments. The orderly retirement suggests no immediate governance risk, but reduced board tenure could affect institutional investor sentiment.
Final — all horizons settled through T+60d ⚠ clustered
HBIA ▼ -47.50% at T+60d
NEUTRAL call -47.50% · α vs SPY -52.58% · entry $85.25 → $44.76
T+1d
0.00%
call 0.00% · α -0.16%
$85.25
settled 6mo ago
T+5d
+1.99%
call +1.99% · α +1.08%
$86.95
settled 6mo ago
T+20d
+3.23%
call +3.23% · α -0.80%
$88.00
settled 5mo ago
T+60d
-47.50%
call -47.50% · α -52.58%
$44.76
settled 3mo ago
Price Chart
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Executive Summary
Three directors — Michael E. Hodge, Ann Marie Rhodes, and Thomas R. Wiele — retired from Hills Bancorporation's Board effective April 20, 2026, in accordance with the company's mandatory retirement policy at age 72. No departures were unexpected or involuntary.
Key Facts
- Michael E. Hodge, Ann Marie Rhodes, and Thomas R. Wiele retired from the board.
- Retirements were in line with the company's policy for directors reaching age 72.
- No immediate replacements were announced in the filing.
- Lisa A. Shileny, who signed the filing, remains CEO, President, and a Director.
Financial Impact
No direct financial impact disclosed.
governanceboard composition
Risk Factors
- Potential loss of institutional knowledge with the departure of three directors.
- Delay in appointing successors could slow decision-making if vacancies remain open.
Market Snapshot
Exchange
OTC
Sector
State Commercial Banks
Investment Themes
Traditional Finance
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0000732417-26-000040 |
| Document: 0000732417-26-000040-index-headers.html | 0000732417-26-000040 |
| Document: 0000732417-26-000040-index.html | 0000732417-26-000040 |
| Document: 0000732417-26-000040.txt | 0000732417-26-000040 |
5 reports for HBIA
Filters
Rows
| Type | Now | ||||
|---|---|---|---|---|---|
May 15, 2026 23w ago | 8-K | $86.00 $99.01 | ▲ +15.13% | ▲ +13.01% | $47.00 (−45.35%) |
Apr 24, 2026 26w ago | 8-K | $85.25 $88.00 | ▲ +3.23% | ▼ −0.80% | $47.00 (−44.87%) |
Apr 24, 2026 26w ago | 8-K | $85.25 $88.00 | ▲ +3.23% | ▼ −0.80% | $47.00 (−44.87%) |
Apr 24, 2026 26w ago | 8-K | $85.25 $88.00 | ▲ +3.23% | ▼ −0.80% | $47.00 (−44.87%) |
Apr 6, 2026 29w ago | 8-K | $87.00 $85.50 | ▼ −1.72% | ▼ −10.71% | $47.00 (−45.98%) |
Showing 5 of 5
US Market Status
Market Closed — Opens Thu (12h 55m)
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