Form 4: Horizon Bancorp Director Brian W. Maass Reports Stock Transaction

Sentiment:

SEC Form 4 Filing


Director Brian W. Maass of Horizon Bancorp reported the acquisition and disposal of common stock on May 1, 2024.

Summary

  • On May 1, 2024, Brian W. Maass, a director of Horizon Bancorp, engaged in a transaction involving the company's common stock.
  • Maass acquired 3,321 shares of common stock at a price of $11.99 per share.
  • Following the reported transaction, Maass directly owns 4,121 shares of Horizon Bancorp common stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, reflecting a neutral sentiment. It simply reports a transaction.

Industry Context

This filing is a routine disclosure of a transaction by a company insider, as required by the SEC. It provides transparency to the market regarding the trading activities of individuals with access to inside information about Horizon Bancorp.

Stakeholder Impact

  • The transaction may have a minor impact on shareholder sentiment, depending on how the market interprets the director's trading activity.

Key Dates

DateDescription
05/01/2024Date of stock transaction (acquisition and disposal).
05/03/2024Date of signature on the Form 4 filing.

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