Horizon Bancorp (NASDAQ: HBNC) director now holds 10,230 shares

Rhea-AI Filing Summary

HORIZON BANCORP INC (HBNC) reported that director Larry S. Magnesen acquired a grant or award of 306 shares of common stock on 2026-08-26. The shares were valued at $20.45 per share. Following this award, his directly held common stock position increased to 10,230 shares.

Insider Trade Summary

Net Buyer: 306 shares

Net Buy 1 txn

Insider MAGNESEN LARRY S

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	306	$20.45	$6K

Holdings After Transaction: Common Stock — 10,230 shares (Direct)

Key Figures

Shares acquired: 306 shares Transaction price per share: $20.45 per share Shares owned after transaction: 10,230 shares +1 more

4 metrics

Shares acquired 306 shares Grant, award, or other acquisition of common stock on 2026-08-26

Transaction price per share $20.45 per share Reported value for the 306-share grant on 2026-08-26

Shares owned after transaction 10,230 shares Directly held common stock by Larry S. Magnesen after grant

Number of acquisition transactions reported 1 transaction Single Form 4 transaction coded as A (grant, award, or other acquisition)

Key Terms

Grant, award, or other acquisition, non-derivative, direct ownership, Rule 10b5-1 trading plan

4 terms

Grant, award, or other acquisition financial

"Transaction code A is described as a Grant, award, or other acquisition"

non-derivative financial

"The 306-share common stock position is reported as a non-derivative security"

direct ownership financial

"Ownership of the reported common stock is classified as direct ownership (code D)"

Rule 10b5-1 trading plan regulatory

"The Rule 10b5-1 trading plan checkbox for this filing is not marked"

A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.

FAQ

What insider transaction did HBNC director Larry S. Magnesen report?

Larry S. Magnesen reported a grant or award of 306 shares of Horizon Bancorp Inc common stock on 2026-08-26, at a reported value of $20.45 per share, increasing his directly held position to 10,230 shares.

Was the recent HBNC insider transaction a purchase or a grant?

The HBNC insider transaction was reported as a grant, award, or other acquisition under code A, not an open-market purchase. It involved 306 shares of common stock at a reported value of $20.45 per share.

How many HBNC shares does Larry S. Magnesen now hold directly?

After the reported grant, Larry S. Magnesen directly holds 10,230 shares of Horizon Bancorp Inc common stock, according to the Form 4 disclosure for the 2026-08-26 transaction.

What was the size of the HBNC stock grant to Larry S. Magnesen?

The grant to Larry S. Magnesen consisted of 306 shares of Horizon Bancorp Inc common stock, reported at a value of $20.45 per share on 2026-08-26.

Was the HBNC insider transaction under a Rule 10b5-1 trading plan?

No. The filing indicates the Rule 10b5-1 checkbox was not marked, so this grant or award of 306 shares to Larry S. Magnesen was not reported as being effected under a Rule 10b5-1 trading plan.

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

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/27/2026 - 04:12 PM Accepted by SEC EDGAR 08/27/2026 - 04:11 PM 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^*

MAGNESEN LARRY S

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/26/2026

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	08/26/2026		A		306	A	$20.45	10,230	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 Larry S. Magnesen	08/27/2026
	** 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)