STOCK TITAN

Director at Horizon Bancorp (HBNC) receives 2,662-share stock grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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.

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Negative

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SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Maass Brian W

(Last) (First) (Middle)
515 FRANKLIN STREET

(Street)
MICHIGAN CITY IN 46360

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
HORIZON BANCORP INC /IN/ [ HBNC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
02/27/2026
4. 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 Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/27/2026 A 2,662 A $16.9 9,545 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
Remarks:
/s/ Mark E. Secor, Attorney-in-Fact for Brian W. Maass 03/02/2026
** 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 4 (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.

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.

How many Horizon Bancorp (HBNC) shares does Brian Maass own after the grant?

After the reported stock grant, Brian W. Maass directly owns 9,545 shares of Horizon Bancorp common stock. This total includes the newly awarded 2,662 shares received on February 27, 2026, as disclosed in the Form 4 filing data.

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.
Horizon Bancorp

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