Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On January 21, 2021, the Compensation Committee of the Board of Directors of HomeTrust Bancshares, Inc. (the "Company") approved, for the fiscal year ending June 30, 2021, targeted incentive award opportunities and performance measures and weightings under the Company's Strategic Operating Committee Incentive Program (the "SOC Incentive Program"). For fiscal 2021, the targeted incentive award opportunities for the following executive officers (each of whom was a named executive officer in the Company's most recent annual meeting proxy statement) were established: Dana L. Stonestreet, Chairman, President and Chief Executive Officer, 55% of annual base salary; C. Hunter Westbrook, Senior Executive Vice President and Chief Operating Officer, 40% of annual base salary; Tony J. VunCannon, Executive Vice President, Chief Financial Officer, Corporate Secretary and Treasurer, 30% of annual base salary; and Marty T. Caywood, Executive Vice President and Chief Information Officer, 30% of annual base salary. For Mr. Stonestreet, the SOC Incentive Program performance measures and weightings will be as follows: pretax, pre-provision income (40% weighting); noninterest income (20% weighting); efficiency ratio (10% weighting); total loans, excluding purchased home equity lines of credit ("HELOCs") and Paycheck Protection Program ("PPP") loans (10% weighting); and functional team goals (20% weighting). For each of the other named executive officers, the SOC Incentive Program performance measures and weightings will be as follows: pretax, pre-provision income (35% weighting); noninterest income (20% weighting); efficiency ratio (10% weighting); total loans, excluding purchased HELOCs and PPP loans (10% weighting); and functional team goals (25% weighting).


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