Form 4: Horizon Bancorp Executive Vice President Reports Stock Transactions
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
| Date | Description |
|---|---|
| 03/18/2024 | Disposal of 321 shares of common stock at $18.55 per share. |
| 03/19/2024 | Acquisition of 3,654 shares of common stock at $0. |
| 03/19/2024 | Disposal of 1,598 shares of common stock at $0. |
| 03/20/2024 | Date of signature for the Form 4 filing. |
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