Form 4: Horizon Bancorp Executive Kathie A. DeRuiter Reports Stock Transactions

Kathie A. DeRuiter, an Executive Vice President at Horizon Bancorp, reported the acquisition and disposal of company stock on March 18th and 19th, 2024.

Summary

• Kathie A. DeRuiter, an Executive Vice President of Horizon Bancorp, filed a Form 4 detailing changes in beneficial ownership.
• On March 18, 2024, 374 shares of common stock were disposed of at a price of $11.85.
• On March 19, 2024, 4,407 shares of common stock were acquired at $0.
• Also on March 19, 2024, 1,959 shares of common stock were disposed of at $0.
• Following these transactions, DeRuiter directly owns 50,636 shares of common stock.
• DeRuiter also indirectly owns 26,612 shares through a Thrift Plan and 14,909 shares through a SERP.

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 of stock transactions by a company executive, as required by the SEC. It provides transparency to investors regarding insider activity but doesn't necessarily indicate broader industry trends.

Stakeholder Impact

• The filing provides transparency to shareholders regarding insider trading activity.

Key Dates