Form 4: Horizon Bancorp Executive Vice President Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Todd A. Etzler, Executive Vice President & General Counsel of Horizon Bancorp, reports transactions involving company stock, including acquisitions and disposals, resulting in adjustments to his beneficial ownership.

Summary

  • On March 18, 2024, Todd A. Etzler disposed of 321 shares of Horizon Bancorp common stock at a price of $18.55 per share.
  • On March 19, 2024, he acquired 3,654 shares of common stock at $0.
  • Also on March 19, 2024, he disposed of 1,598 shares of common stock at $0.
  • Following these transactions, Etzler directly owns 20,047 shares of common stock.
  • He also indirectly owns 2,676 shares through a Thrift Plan and 590 shares through a SERP.

Sentiment

Score: 5

Explanation: This is a neutral report of stock transactions, with no inherent positive or negative sentiment. It simply reflects the executive's trading activity.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, as required by the SEC. It provides transparency into the trading activities of company insiders.

Stakeholder Impact

  • The transactions may have a minor impact on shareholders, as they reflect insider trading activity.
  • The impact is likely minimal given the relatively small number of shares involved.

Key Dates

DateDescription
03/18/2024Disposal of 321 shares of common stock at $18.55 per share.
03/19/2024Acquisition of 3,654 shares of common stock at $0.
03/19/2024Disposal of 1,598 shares of common stock at $0.
03/20/2024Date of signature for the Form 4 filing.

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