Form 4: Horizon Bancorp Executive Vice President Reports Changes in Beneficial Ownership

Mark E. Secor, Executive Vice President of Horizon Bancorp, reports transactions involving common stock, including acquisitions and disposals, resulting in an updated beneficial ownership.

Summary

• On March 15, 2025, Mark E. Secor, an Executive Vice President at Horizon Bancorp, reported changes in his beneficial ownership of the company's common stock.
• The transactions included the disposal of 592 shares at a price of $15.63, the acquisition of 1,682 shares at $0, and the disposal of 592 shares at $0.
• Following these transactions, Secor directly owns 40,632 shares of common stock.
• Additionally, Secor indirectly owns 20,421 shares through a thrift plan.
• The report also mentions adjustments to reflect additional shares allocated to Secor's benefit plan account.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral.

Industry Context

This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities and ownership positions in the company. It allows investors to monitor the actions of key executives and their alignment with shareholder interests.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the transactions of a key executive.
• It helps stakeholders understand the alignment of management's interests with those of the shareholders.

Key Dates