Horizon Bancorp director granted 322 deferred units
Ahern Kevin reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Ahern Kevin reported acquisition or exercise transactions in this Form 4 filing.
Horizon Bancorp director Kevin Ahern reported updated holdings and a new equity award. He received a grant of 322 Deferred Stock Units, each economically equivalent to one share of common stock, at a reference value of $19.79 per unit.
Following the grant, Ahern holds 16,896 shares of common stock directly and 9,133 Deferred Stock Units. The common share balance was adjusted to include shares accumulated through a dividend reinvestment program since his last ownership report.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 322 shares
Grant/Award
2 txns
Insider
Ahern Kevin
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 322 | $19.79 | $6K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Deferred Stock Units — 9,133 contracts (Direct);
Common Stock — 16,896 shares (Direct)
Footnotes (2)
- F1. Each Deferred Stock Unit ("DSU") is the economic equivalent of one share of common stock. The DSUs become payable, in cash or common stock or a combination of the two, at the discretion of the Issuer upon the conditions described in the Issuer's Directors Preferred Compensation Plan.
- F2. Adjusted to include shares purchased pursuant to a dividend reinvestment program since the date of the reporting person's last ownership report.
Key Figures
Deferred Stock Units granted: 322 units
DSU reference value: $19.79 per unit
Common stock holdings: 16,896 shares
+2 more
5 metrics
Deferred Stock Units granted
322 units
Grant to director Kevin Ahern on 2026-07-06
DSU reference value
$19.79 per unit
Price per Deferred Stock Unit on grant
Common stock holdings
16,896 shares
Direct ownership after transactions
Deferred Stock Units outstanding
9,133 units
Total DSUs held after 322-unit grant
Net buy/sell shares
0 shares
transactionSummary net buy/sell direction neutral
Key Terms
Deferred Stock Units, dividend reinvestment program, Directors Preferred Compensation Plan
3 terms
Deferred Stock Units financial
"Each Deferred Stock Unit ("DSU") is the economic equivalent of one share of common stock."
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
dividend reinvestment program financial
"Adjusted to include shares purchased pursuant to a dividend reinvestment program since the date of the reporting person's last ownership report."
A dividend reinvestment program lets investors automatically use cash dividends to buy more shares of the same company instead of taking the money as cash. Think of it like an automatic savings plan that turns small payouts into additional ownership, often including fractional shares, which can speed up compound growth and reduce the need for manual buying decisions — a convenience that can boost long-term returns for shareholders.
Directors Preferred Compensation Plan financial
"conditions described in the Issuer's Directors Preferred Compensation Plan."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Kevin Ahern report at Horizon Bancorp (HBNC)?
Kevin Ahern reported receiving a grant of 322 Deferred Stock Units at a reference value of $19.79 each. He also updated his direct common stock and DSU holdings to reflect this award and dividend reinvestment activity since his last report.
What are Deferred Stock Units in the Horizon Bancorp (HBNC) Form 4?
Deferred Stock Units are awards economically equivalent to one share of common stock each. For Kevin Ahern, these DSUs will be settled in cash, stock, or a combination, at Horizon Bancorp’s discretion under the Directors Preferred Compensation Plan conditions outlined in the filing.
How many Deferred Stock Units does Kevin Ahern hold after this Horizon Bancorp (HBNC) grant?
After receiving the 322-unit grant, Kevin Ahern holds a total of 9,133 Deferred Stock Units. Each unit represents the economic value of one Horizon Bancorp common share, with settlement timing and form governed by the Directors Preferred Compensation Plan.
Does the Horizon Bancorp (HBNC) Form 4 show any stock sales by Kevin Ahern?
The Form 4 does not report any open-market stock sales by Kevin Ahern. It shows a grant of 322 Deferred Stock Units and an updated common stock holding that includes additional shares acquired through the company’s dividend reinvestment program since his last report.
AI-generated analysis. How Rhea-AI works. Not financial advice.
