Horizon Bancorp (HBNC) director files Form 3, owns 3,262 shares

Q: What did Horizon Bancorp (HBNC) disclose in this filing?

A director filed a Form 3, the initial statement of beneficial ownership of securities.

Q: How many HBNC shares does the reporting person own?

The filing reports 3,262 shares of common stock.

Q: Is the ownership direct or indirect?

The 3,262 shares are reported as direct (D) ownership.

Q: Were any derivative securities reported?

No. Table II lists no derivative securities.

Q: What is the insider’s relationship to Horizon Bancorp (HBNC)?

The reporting person is a director of the company.

Q: Was this a joint filing by multiple persons?

No. It indicates Form filed by One Reporting Person.

Horizon Bancorp, Inc. (HBNC) reported an initial statement of beneficial ownership.

Filing Impact

(Moderate)

Filing Sentiment

(Neutral)How Sentiment works

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

How Sentiment works How the balance works

Form Type

Rhea-AI Filing Summary

Horizon Bancorp, Inc. (HBNC) reported an initial statement of beneficial ownership. A company director filed a Form 3 tied to an event on 10/10/2025, disclosing 3,262 shares of common stock held in direct (D) ownership. The filing lists no derivative securities. This is a routine disclosure establishing the insider’s baseline holdings at the time of becoming subject to reporting.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider MAGNESEN LARRY S

Role Director

Type	Security	Shares	Price	Value
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 3,262 shares (Direct)

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Horizon Bancorp (HBNC) disclose in this filing?

A director filed a Form 3, the initial statement of beneficial ownership of securities.

How many HBNC shares does the reporting person own?

The filing reports 3,262 shares of common stock.

Is the ownership direct or indirect?

The 3,262 shares are reported as direct (D) ownership.

Were any derivative securities reported?

No. Table II lists no derivative securities.

What is the event date associated with the Form 3?

The event date is 10/10/2025.

What is the insider’s relationship to Horizon Bancorp (HBNC)?

The reporting person is a director of the company.

Was this a joint filing by multiple persons?

No. It indicates Form filed by One Reporting Person.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 10/22/2025 - 04:05 PM EDT

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

MAGNESEN LARRY S

(Last)

(First)

(Middle)

515 FRANKLIN STREET

(Street)

MICHIGAN CITY

46360

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
10/10/2025

3. Issuer Name and Ticker or Trading Symbol
HORIZON BANCORP INC /IN/ [ HBNC ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	3,262	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)

Explanation of Responses:

Remarks:

	/s/ John R. Stewart, as Attorney-in-Fact for Larry S. Magnesen	10/22/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR