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Horizon Bancorp (HBNC) director adds to 48K-share trust stake

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

HORIZON BANCORP INC (HBNC) reported that director Michele M. Magnuson had an indirect grant/award acquisition of 306 shares of common stock on August 26, 2026. The award was recorded at $20.45 per share and is held indirectly by trust, bringing her reported indirect holdings to 48,169 shares.

Positive

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Negative

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Insider Magnuson Michele M.
Role Director
Type Security Shares Price Value
Grant/Award Common Stock 306 $20.45 $6K
Holdings After Transaction: Common Stock — 48,169 shares (Indirect, By Trust)
Shares acquired 306 shares of Common Stock Grant/award acquisition on August 26, 2026
Price per share $20.45 per share Recorded value for the 306-share award
Total shares following transaction 48,169 shares Indirect holdings by trust after the August 26, 2026 award
grant/award acquisition financial
"The transaction is classified as a grant/award acquisition of 306 shares"
indirect ownership financial
"The reported shares are held as indirect ownership by trust"
By Trust financial
"nature of ownership is indicated as "By Trust""

FAQ

What insider transaction did HBNC director Michele M. Magnuson report?

Michele M. Magnuson reported a grant/award acquisition of 306 shares of Horizon Bancorp Inc common stock on August 26, 2026, held indirectly by a trust.

At what price was the HBNC stock grant to Michele M. Magnuson recorded?

The grant to Michele M. Magnuson was recorded at $20.45 per share for the 306 shares of Horizon Bancorp Inc common stock.

How many HBNC shares does Michele M. Magnuson hold after this transaction?

After the August 26, 2026 transaction, Michele M. Magnuson is shown as indirectly holding 48,169 shares of Horizon Bancorp Inc common stock, held by a trust.

Is Michele M. Magnuson’s HBNC ownership direct or indirect?

The reported 48,169 shares of Horizon Bancorp Inc common stock are held indirectly by Michele M. Magnuson, with the nature of ownership indicated as "By Trust".

Was the HBNC transaction by Michele M. Magnuson a purchase or an award?

The transaction is classified as a grant, award, or other acquisition (code A) of 306 shares, not an open-market purchase or sale.

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

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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 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)
XDirector10% 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)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock08/26/2026A306A$20.4548,169IBy 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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
Remarks:
/s/ Mark E. Secor, as Attorney-in-Fact for Michele M. Magnuson08/27/2026
** Signature of Reporting PersonDate
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)