Form 4: Horizon Bancorp Director Ahern Reports Transaction in Company Stock

Director Kevin Ahern reports the disposition of 10,000 common stock shares and acquisition of 2,470 deferred stock units.

Summary

• On March 6, 2025, Kevin Ahern, a director of Horizon Bancorp INC, reported a transaction involving the company's stock.
• Ahern disposed of 10,000 shares of common stock.
• Ahern acquired 2,470 Deferred Stock Units (DSUs) at a price of $16.19, each equivalent to one share of common stock.
• Following the reported transactions, Ahern directly owns 5,791 derivative securities.
• The DSUs are payable in cash or common stock, or a combination of both, at the Issuer's discretion, based on the Directors Preferred Compensation Plan.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing a transaction by a company director. 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. Investors often monitor these filings to gain insights into management's perspective on the company's stock.

Stakeholder Impact

• Shareholders may be interested in the transactions of company insiders as an indicator of management's confidence in the company.

Key Dates