Form 4: Horizon Bancorp Director Brian W. Maass Reports Stock Transaction
SEC Form 4 Filing
Director Brian W. Maass of Horizon Bancorp INC /IN/ [HBNC] reports the acquisition and disposal of common stock on March 5, 2025.
Summary
- On March 5, 2025, Brian W. Maass, a director of Horizon Bancorp INC /IN/ [HBNC], engaged in a transaction involving the company's common stock.
- Maass acquired 2,431 shares of common stock at a price of $16.45 per share.
- Concurrently, Maass disposed of 6,552 shares of common stock.
- Following the reported transactions, the amount of securities beneficially owned was not specified.
Sentiment
Score: 5
Explanation: Neutral sentiment as it is a standard disclosure of stock transactions by a company director. The filing itself doesn't indicate positive or negative sentiment about the company's performance.
Industry Context
Form 4 filings are standard disclosures required by the SEC when corporate insiders (officers, directors, and those holding more than 10% of a company's shares) buy or sell the company's stock. These filings provide transparency to the market regarding insider transactions.
Stakeholder Impact
- Shareholders may be interested in the trading activity of company insiders as it can provide insights into management's perspective on the company's value and prospects.
Key Dates
| Date | Description |
|---|---|
| 03/05/2025 | Date of stock transaction (acquisition and disposal). |
| 03/07/2025 | Date of signature by Attorney-in-Fact. |
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