Horizon Bancorp (HBNC) CEO covers tax liability with 4,345 shares

Rhea-AI Filing Summary

Horizon Bancorp Inc. Chief Executive Officer Thomas M. Prame reported a tax-related share disposition. On March 23, 2026, 4,345 shares of Common Stock were withheld at $16.28 per share to cover tax obligations. After this tax-withholding transaction, he directly holds 54,980 shares.

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

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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)
03/23/2026

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		4,345	D	$16.28	54,980	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/ Todd A. Etzler, as Attorney-in-Fact for Thomas M. Prame	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)

FAQ

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

Thomas M. Prame reported a tax-withholding share disposition. On March 23, 2026, 4,345 Horizon Bancorp common shares were withheld at $16.28 per share to satisfy tax liabilities rather than being sold on the open market.

Was the HBNC CEO’s Form 4 transaction an open-market sale?

No, the transaction was not an open-market sale. The Form 4 shows an F-code tax-withholding disposition, meaning 4,345 shares were delivered back to cover taxes, instead of being sold through the market for cash proceeds.

How many Horizon Bancorp (HBNC) shares does the CEO hold after this filing?

After the filing, the CEO directly holds 54,980 shares. The Form 4 reports this post-transaction balance following the tax-withholding disposition of 4,345 common shares used to satisfy tax obligations on March 23, 2026.

What does transaction code F mean in the HBNC CEO’s Form 4?

Code F indicates shares used to pay taxes or exercise costs. In this case, 4,345 Horizon Bancorp common shares were delivered to satisfy a tax liability, a non-market disposition rather than a traditional purchase or sale on a stock exchange.

Does the HBNC Form 4 show any insider buying or selling of shares?

The Form 4 does not show open-market buying or selling. It records only a tax-withholding disposition of 4,345 shares under code F, with no transactions classified as purchases (P) or sales (S) during the reported period.