Form 4: Horizon Bancorp Director Acquires Shares in Recent Transaction
SEC Form 4 Filing
Julie Scheck Freigang, a director at Horizon Bancorp, recently acquired 2,431 shares of common stock at a price of $16.45 per share.
Summary
- On March 5, 2025, Julie Scheck Freigang, a director of Horizon Bancorp, acquired 2,431 shares of the company's common stock.
- The shares were purchased at a price of $16.45 per share.
- Following the transaction, Ms. Freigang's direct ownership in Horizon Bancorp common stock increased to 14,497 shares.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a director's stock purchase. It doesn't inherently convey positive or negative sentiment, but insider purchases are often viewed neutrally to slightly positively.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track confidence levels and potential alignment of interests between management and shareholders.
Stakeholder Impact
- The transaction may have a minor positive impact on shareholder sentiment, as insider purchases can signal confidence in the company's future prospects.
Key Dates
| Date | Description |
|---|---|
| 03/05/2025 | Date of transaction: Julie Scheck Freigang acquired shares of Horizon Bancorp common stock. |
| 03/07/2025 | Date of signature on the Form 4 filing. |
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