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

Todd A. Etzler, Executive Vice President & GC of Horizon Bancorp, reports transactions involving common stock, including acquisitions and disposals due to tax withholding and dividend reinvestment.

Summary

• On March 15, 2025, Todd A. Etzler, Executive Vice President & GC of Horizon Bancorp, reported changes in his beneficial ownership of the company's common stock.
• He disposed of 347 shares at $15.63 per share for tax withholding.
• He acquired 959 shares through dividend reinvestment at $0 per share.
• He disposed of 347 shares at $0 per share.
• His direct holdings after these transactions amount to 22,931 shares.
• He also indirectly owns 2,822 shares through a ThrifPlan.

Sentiment

Score: 6

Explanation: The sentiment is neutral as the filing primarily reflects routine transactions related to tax obligations and dividend reinvestment. There's no indication of significant positive or negative sentiment.

Positives

• The acquisition of 959 shares through dividend reinvestment indicates a continued investment in the company's future.

Negatives

• The disposal of 347 shares for tax withholding, while routine, slightly reduces the executive's direct stake.

Industry Context

This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency to investors regarding the trading activities of company executives.

Stakeholder Impact

• The filing provides transparency to shareholders regarding executive stock ownership.

Key Dates