Horizon Bancorp (HBNC) EVP uses 1,869 shares for tax withholding

Rhea-AI Filing Summary

Horizon Bancorp executive reports routine tax withholding transaction. EVP & CCBO Lynn Kerber had 1,869 shares of Horizon Bancorp common stock disposed of on 2026-03-23 at $16.28 per share to cover tax obligations. After this transaction, Kerber directly holds 27,368 shares.

Insider Trade Summary

Net Seller: 1,869 shares

Net Sell 1 txn

Insider Kerber Lynn

Role EVP & CCBO

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	1,869	$16.28	$30K

Holdings After Transaction: Common Stock — 27,368 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 insider transaction did HBNC executive Lynn Kerber report on this Form 4?

Lynn Kerber reported a tax-withholding disposition of 1,869 shares of Horizon Bancorp common stock. The shares were disposed of at $16.28 per share to satisfy tax obligations related to equity compensation, rather than an open-market sale.

Was the HBNC Form 4 transaction a buy or sell of Horizon Bancorp shares?

The Form 4 for HBNC shows a disposition for tax withholding, not an open-market buy or sell. Code “F” indicates shares were delivered to cover tax liabilities tied to stock-based compensation, a routine administrative transaction.

How many Horizon Bancorp (HBNC) shares does Lynn Kerber hold after this Form 4?

Following the reported tax-withholding disposition, Lynn Kerber directly holds 27,368 shares of Horizon Bancorp common stock. This figure reflects her direct ownership position after 1,869 shares were used to satisfy tax obligations.

What does transaction code F mean in the HBNC Form 4 for Lynn Kerber?

Transaction code F on the HBNC Form 4 means shares were disposed of to pay an exercise price or tax liability. It is classified as a tax-withholding disposition, indicating a compensation-related event rather than a discretionary market trade.

What price per share was used for Lynn Kerber’s HBNC tax-withholding disposition?

The Form 4 reports a transaction price of $16.28 per share for the 1,869 Horizon Bancorp shares used for tax withholding. This price is applied solely to the tax-related disposition recorded in the filing.

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^*

Kerber Lynn

(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)
	EVP & CCBO

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		1,869	D	$16.28	27,368	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 Lynn M. Kerber	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)