Form 4: Horizon Bancorp Executive Lynn Kerber Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Lynn Kerber, EVP & SCCO of Horizon Bancorp, reports changes in beneficial ownership of company stock due to transactions on March 15, 2025.
Summary
- On March 15, 2025, Lynn Kerber, EVP & SCCO of Horizon Bancorp, reported changes in beneficial ownership of Horizon Bancorp Inc. stock.
- Kerber disposed of 377 shares of common stock at a price of $15.63.
- Kerber acquired 1,090 shares of common stock at $0.
- Kerber disposed of 377 shares of common stock at $0.
- Following these transactions, Kerber directly owns 26,141 shares of common stock.
- Kerber indirectly owns 1,368 shares through a thrift plan.
Sentiment
Score: 5
Explanation: The sentiment is neutral as this is a standard regulatory filing reporting changes in beneficial ownership. There is no indication of positive or negative sentiment towards the company.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It allows investors to monitor the actions of key personnel and their potential impact on the company's stock.
Stakeholder Impact
- Shareholders may be interested in the trading activity of company executives as an indicator of confidence in the company's prospects.
Key Dates
| Date | Description |
|---|---|
| 03/15/2025 | Date of stock transactions (disposal and acquisition). |
| 03/18/2025 | Date of signature for the report. |
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