Horizon Bancorp director granted 2,662 shares via trust

Horizon Bancorp Inc. director granted shares through trust Horizon Bancorp Inc. director Michele M. Magnuson reported an indirect acquisition of 2,662 shares of Common Stock on February 27, 2026.

Rhea-AI Filing Summary

Horizon Bancorp Inc. director granted shares through trust

Horizon Bancorp Inc. director Michele M. Magnuson reported an indirect acquisition of 2,662 shares of Common Stock on February 27, 2026. The shares were received as a grant or award at a stated price of $16.90 per share and are held "By Trust."

Following this grant, the trust’s indirect holdings reported for Magnuson increased to 47,863 shares of Horizon Bancorp Inc. common stock. This transaction is classified as a grant, award, or other acquisition rather than an open-market purchase or sale.

Insider Trade Summary

Grant/Award: 2,662 shares

Grant/Award 1 txn

Insider Magnuson Michele M.

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	2,662	$16.90	$45K

Holdings After Transaction: Common Stock — 47,863 shares (Indirect, By Trust)

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Horizon Bancorp (HBNC) report for Michele M. Magnuson?

Horizon Bancorp reported that director Michele M. Magnuson indirectly acquired 2,662 shares of common stock on February 27, 2026. The transaction was a grant or award, not an open-market trade, and is classified as a non-derivative acquisition held by a trust.

At what price was the Horizon Bancorp (HBNC) stock grant to Michele M. Magnuson reported?

The reported grant to Michele M. Magnuson used a price of $16.90 per share for 2,662 Horizon Bancorp common shares. This reflects the transaction’s stated value for reporting purposes and does not indicate an open-market purchase or sale in this Form 4 filing.

How many Horizon Bancorp (HBNC) shares does Michele M. Magnuson indirectly hold after this transaction?

After this grant, indirect holdings reported for Michele M. Magnuson total 47,863 Horizon Bancorp common shares. The Form 4 indicates these shares are held by a trust, classifying the ownership as indirect rather than directly in her personal name.

Is Michele M. Magnuson’s Horizon Bancorp (HBNC) transaction a purchase or a grant?

The transaction is reported as a grant, award, or other acquisition, not an open-market purchase. It is coded as an “A” transaction, described as a grant or award of 2,662 Horizon Bancorp common shares held indirectly by a trust associated with the director.

How is ownership characterized for Michele M. Magnuson’s new Horizon Bancorp (HBNC) shares?

Ownership of the new shares is characterized as indirect, with the nature of ownership listed as “By Trust.” This means the 2,662 granted shares, and the total 47,863 shares reported after the transaction, are held through a trust rather than directly by Magnuson personally.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 03/02/2026 - 03:17 PM EST Learn about SEC filing dates

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^*

Magnuson Michele M.

(Last) (First) (Middle)

515 FRANKLIN STREET

(Street)

MICHIGAN CITY IN 46360

(City) (State) (Zip)

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

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

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

3. Date of Earliest Transaction (Month/Day/Year)
02/27/2026

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

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

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

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	02/27/2026		A		2,662	A	$16.9	47,863	I	By Trust

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/ Mark E. Secor, as Attorney-in-Fact for Michele M. Magnuson	03/02/2026
	** 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.