Horizon Bancorp (HBNC) EVP uses 2,309 shares to cover taxes

Rhea-AI Filing Summary

Horizon Bancorp Executive Vice President Mark E. Secor reported a routine tax-related share disposition. On 2026-03-23, he delivered 2,309 shares of common stock at $16.28 per share to satisfy tax obligations, a transaction coded as tax withholding rather than an open-market sale. After this event, he directly held 36,974 common shares.

Insider Trade Summary

Net Seller: 2,309 shares

Net Sell 1 txn

Insider SECOR MARK E

Role Executive Vice President

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	2,309	$16.28	$38K

Holdings After Transaction: Common Stock — 36,974 shares (Direct)

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 03/24/2026 - 04:06 PM Learn about SEC filing dates

FAQ

What did Horizon Bancorp (HBNC) Executive Vice President Mark E. Secor report in this Form 4?

Mark E. Secor reported a tax-related share disposition. He used 2,309 Horizon Bancorp common shares, valued at $16.28 each, to satisfy tax obligations, leaving him with 36,974 directly held shares after the transaction.

Was the Horizon Bancorp (HBNC) insider transaction an open-market sale of shares?

No, the transaction was not an open-market sale. It was coded as a tax-withholding disposition, meaning 2,309 shares were delivered to cover tax liabilities rather than being sold on the open market.

How many Horizon Bancorp (HBNC) shares does Mark E. Secor hold after this transaction?

After the tax-withholding disposition, Mark E. Secor directly holds 36,974 Horizon Bancorp common shares. This reflects his remaining ownership position following the use of 2,309 shares to satisfy tax obligations on March 23, 2026.

What price per share was used for the Horizon Bancorp (HBNC) tax-withholding transaction?

The tax-withholding disposition used a price of $16.28 per Horizon Bancorp common share. This price was applied to the 2,309 shares delivered to satisfy tax liabilities associated with the underlying compensation-related stock event.

What does transaction code "F" mean in this Horizon Bancorp (HBNC) insider filing?

Transaction code "F" indicates payment of an exercise price or tax liability by delivering securities. In this case, 2,309 Horizon Bancorp common shares were used to cover tax obligations, rather than representing a discretionary buy or sell in the market.

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^*

SECOR MARK E

(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)
	Executive Vice President

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/23/2026

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	03/23/2026		F		2,309	D	$16.28	36,974	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/ John R. Stewart, as Attorney-in-Fact for Mark E. Secor	03/24/2026
	** 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)