Horizon Bancorp (HBNC) EVP reports tax-withholding share disposition

Rhea-AI Filing Summary

Horizon Bancorp Inc. executive Todd A. Etzler reported a routine tax-withholding transaction involving company stock. On this filing, 1,280 shares of common stock were disposed of at $16.28 per share to cover tax obligations tied to equity compensation, rather than through an open-market sale. Following this withholding, Etzler directly holds 28,069 shares of Horizon Bancorp common stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Etzler Todd A.

Role Executive Vice President & GC

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	1,280	$16.28	$21K

Holdings After Transaction: Common Stock — 28,069 shares (Direct)

Footnotes (1)

Form 4 Insider Transactions: What Each Field Means →

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^*

Etzler Todd A.

(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)
	Executive Vice President & GC

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		1,280	D	$16.28	28,069	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	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 Horizon Bancorp (HBNC) report in this Form 4?

The Form 4 reports a tax-withholding disposition of 1,280 Horizon Bancorp common shares at $16.28 each. These shares were delivered to satisfy tax obligations related to equity compensation, rather than sold in the open market, and are categorized as a non-derivative transaction.

Who is the insider in the latest Horizon Bancorp (HBNC) Form 4 filing?

The insider is Todd A. Etzler, who serves as Executive Vice President and General Counsel of Horizon Bancorp Inc. He is an officer but not a director or 10% owner. The filing records his direct ownership of the company’s common stock after the reported transaction.

Was the Horizon Bancorp (HBNC) insider transaction an open-market sale of shares?

No, the transaction was a tax-withholding disposition coded as “F,” not an open-market sale. Shares were delivered to cover tax liabilities associated with equity compensation, so it does not represent a discretionary decision to sell Horizon Bancorp stock in the public market.

How many Horizon Bancorp (HBNC) shares does Todd Etzler own after the Form 4 transaction?

After the reported tax-withholding disposition, Todd Etzler directly owns 28,069 shares of Horizon Bancorp common stock. This figure reflects his holdings following the delivery of 1,280 shares to satisfy tax obligations related to his equity-based compensation awards.

What does the tax-withholding code F mean in the Horizon Bancorp (HBNC) Form 4?

Code F indicates payment of an exercise price or tax liability by delivering securities. In this case, 1,280 Horizon Bancorp common shares were used to satisfy tax obligations on equity compensation, making the event routine and not an indicator of a change in investment outlook.

Does the latest Horizon Bancorp (HBNC) Form 4 suggest a major change in insider holdings?

The filing reflects a routine tax-withholding event rather than a strategic sale. Only 1,280 shares were delivered for taxes, while Todd Etzler continues to hold 28,069 shares directly, indicating the transaction is small relative to his overall Horizon Bancorp equity position.