Form 4: Horizon Bancorp EVP Lynn Kerber Reports Stock Transactions
SEC Form 4 Filing
EVP and SCCO of Horizon Bancorp, Lynn Kerber, reports acquisition and disposal of common stock shares.
Summary
- Lynn Kerber, EVP & SCCO of Horizon Bancorp, reported several transactions involving the company's common stock.
- On March 18, 2024, 346 shares were disposed of at a price of $18.55.
- On March 19, 2024, 3,654 shares were acquired at $0 cost.
- Also on March 19, 2024, 1,681 shares were disposed of at $0 cost.
- Following these transactions, Kerber directly owns 23,413 shares of common stock.
- Kerber also indirectly owns 1,297 shares through a Thrift Plan and 1,748 shares through a SERP.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting stock transactions, which carries a neutral sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of key personnel and their holdings in the company.
Stakeholder Impact
- The transactions may have a minor impact on shareholders by slightly altering the ownership structure.
Key Dates
| Date | Description |
|---|---|
| 03/18/2024 | Disposal of 346 shares of common stock at $18.55. |
| 03/19/2024 | Acquisition of 3,654 shares of common stock at $0. |
| 03/19/2024 | Disposal of 1,681 shares of common stock at $0. |
| 03/20/2024 | Date of signature for the report. |
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