Form 4: Horizon Bancorp Executive Kathie A. DeRuiter Reports Changes in Beneficial Ownership

Executive Vice President Kathie A. DeRuiter reports transactions involving Horizon Bancorp Inc. common stock, including acquisitions and disposals, resulting in an updated beneficial ownership of 53,705 shares directly and 27,477 shares indirectly through a thrift plan.

Summary

• Kathie A. DeRuiter, an Executive Vice President at Horizon Bancorp Inc., filed a Form 4 detailing changes in her beneficial ownership of the company's common stock.
• On March 15, 2025, she disposed of 438 shares at $15.63 per share and another 438 shares at an unspecified price.
• On the same date, she acquired 1,246 shares at $0.
• Following these transactions, DeRuiter directly owns 53,267 shares of common stock.
• She also indirectly owns 27,477 shares through a thrift plan, adjusted to reflect additional shares allocated to her benefit plan account.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it's a standard regulatory filing detailing stock transactions. There's no inherent positive or negative implication.

Industry Context

This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency to the market regarding their transactions in the company's stock.

Stakeholder Impact

• Shareholders are informed about the insider transactions, providing transparency.

Key Dates