Horizon Bancorp (HBNC) CEO receives stock grant and routine tax withholding

Rhea-AI Filing Summary

Horizon Bancorp Inc. Chief Executive Officer Thomas M. Prame reported routine equity compensation and related tax withholding. On March 17, 2026, he acquired 14,159 shares of common stock as a granted award, with tranches scheduled to vest in 2027, 2028, and 2029. On March 18, 2026, 2,355 shares were disposed of at $15.71 per share to satisfy tax obligations, a non‑market transaction. After these entries, he directly holds 59,325 shares of common stock, indicating a largely retained position.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Prame Thomas M

Role Chief Executive Officer

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	2,355	$15.71	$37K
Grant/Award	Common Stock	14,159	$0.00	--

Holdings After Transaction: Common Stock — 59,325 shares (Direct)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 03/20/2026 - 05:34 PM Learn about SEC filing dates

FAQ

What insider transactions did HBNC CEO Thomas M. Prame report?

Horizon Bancorp CEO Thomas M. Prame reported a stock grant and related tax withholding. He received 14,159 common shares as an equity award, then 2,355 shares were withheld at $15.71 per share to cover associated tax obligations.

How many Horizon Bancorp (HBNC) shares did the CEO receive in the latest grant?

Thomas M. Prame received 14,159 Horizon Bancorp common shares as a grant. The award vests in three annual tranches through 2029, reflecting ongoing equity-based compensation rather than an open-market share purchase.

How many HBNC shares were withheld for the CEO’s taxes and at what price?

To cover tax obligations, 2,355 Horizon Bancorp common shares were disposed of at $15.71 per share. This tax-withholding transaction is not an open-market sale, but a standard mechanism tied to the equity award.

What is the vesting schedule of the HBNC CEO’s new stock award?

The 14,159-share award vests in three installments: 4,719 shares on March 17, 2027, 4,719 shares on March 17, 2028, and 4,721 shares on March 17, 2029. This staggered schedule encourages longer-term alignment with shareholders.

How many Horizon Bancorp shares does the CEO hold after these transactions?

Following the reported grant and related tax withholding, Thomas M. Prame directly holds 59,325 Horizon Bancorp common shares. This indicates he retains a substantial equity position even after the small tax-related share disposition.

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^*

Prame Thomas M

(Last) (First) (Middle)

515 FRANKLIN STREET

(Street)

MICHIGAN CITY INDIANA 46360

(City) (State) (Zip)

UNITED STATES

(Country)

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

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/17/2026

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

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

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

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	03/17/2026		A		14,159	A	$0	61,680(1)	D
Common Stock	03/18/2026		F		2,355	D	$15.71	59,325	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:

1. Award of 14,159 shares granted on March 17, 2026 under Restricted Stock Agreement, 4,719 shares to vest on March 17, 2027, 4,719 shares to vest on March 17, 2028, and 4,721 shares to vest on March 17, 2029.

Remarks:

	/s/ Todd A. Etzler, as Attorney-in-Fact for Thomas M. Prame	03/20/2026
	** 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.
* Form 4: SEC 1474 (03-26)