Horizon Bancorp (HBNC) director adds to 48K-share trust stake
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
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 306 shares
Net Buy
1 txn
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)
Key Figures
Shares acquired: 306 shares of Common Stock
Price per share: $20.45 per share
Total shares following transaction: 48,169 shares
3 metrics
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
Key Terms
grant/award acquisition, indirect ownership, By Trust
3 terms
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.
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.