Form 4: Horizon Bancorp CEO Craig M. Dwight Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Craig M. Dwight, CEO of Horizon Bancorp, reports the disposition of 10,737 shares of common stock to cover tax obligations, while also holding 469,818 shares directly and 51,810 shares indirectly through a thrift plan.
Summary
- On March 21, 2024, Craig M. Dwight, the CEO of Horizon Bancorp, reported a transaction involving the company's common stock.
- He disposed of 10,737 shares at a price of $12.66 per share.
- This transaction was related to tax obligations.
- Following the transaction, Dwight directly owns 469,818 shares of Horizon Bancorp.
- He also indirectly owns 51,810 shares through a thrift plan.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a transaction by an insider. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates activity by the CEO of a publicly traded bank, Horizon Bancorp.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a routine sale of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 03/21/2024 | Date of transaction involving the disposition of common stock. |
| 03/25/2024 | Date of signature on the report. |
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