Director at Horizon Bancorp (HBNC) receives 2,662-share stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Maass Brian W reported acquisition or exercise transactions in this Form 4 filing.
Horizon Bancorp Inc. director Brian W. Maass reported receiving a grant of 2,662 shares of common stock on February 27, 2026, at a reported value of $16.90 per share. After this grant, he directly holds a total of 9,545 Horizon Bancorp common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Maass Brian W
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,662 | $16.90 | $45K |
Holdings After Transaction:
Common Stock — 9,545 shares (Direct)
Footnotes (1)
FAQ
What did Horizon Bancorp (HBNC) director Brian Maass report in this Form 4?
Director Brian W. Maass reported receiving a grant of 2,662 shares of Horizon Bancorp common stock. The grant was recorded at $16.90 per share, and following this award he now directly holds a total of 9,545 Horizon Bancorp common shares.
Was the Horizon Bancorp (HBNC) transaction a purchase or a grant?
The transaction was a grant or award of shares, not an open-market purchase. It is reported with code “A,” which indicates a grant, award, or other acquisition rather than a traditional buy or sell on the public market.
At what price was the Horizon Bancorp (HBNC) stock grant to Brian Maass valued?
The 2,662-share grant to Brian W. Maass was valued at $16.90 per share. This figure reflects the per-share value used for reporting the award in the Form 4, rather than a price paid in an open-market stock purchase.
What does transaction code “A” mean in the Horizon Bancorp (HBNC) Form 4?
Transaction code “A” in this Form 4 indicates a grant, award, or other acquisition of securities. For Horizon Bancorp, it shows that Brian W. Maass received 2,662 shares of common stock as a stock award rather than buying them on the market.