Director at Horizon Bancorp (HBNC) receives 2,662-share stock grant in Form 4

Rhea-AI Filing Summary

Horizon Bancorp Inc. director Larry S. Magnesen reported an acquisition of common stock through a grant or award. On February 27, 2026, he received 2,662 shares of Horizon Bancorp common stock at $16.90 per share, bringing his directly owned stake to 9,924 shares after the transaction.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider MAGNESEN LARRY S

Role Director

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

Holdings After Transaction: Common Stock — 9,924 shares (Direct)

Footnotes (1)

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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^*

MAGNESEN LARRY S

(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	9,924	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	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.

FAQ

What insider transaction did Horizon Bancorp (HBNC) report for Larry S. Magnesen?

Horizon Bancorp reported that director Larry S. Magnesen received a grant of 2,662 shares of common stock. The Form 4 describes this as a grant, award, or other acquisition, increasing his directly owned holdings to 9,924 Horizon Bancorp shares after the transaction.

Was the Horizon Bancorp (HBNC) insider transaction a purchase or an award?

The Horizon Bancorp insider transaction was an award, not an open-market purchase. The Form 4 uses transaction code “A,” described as a grant, award, or other acquisition, indicating the 2,662 common shares were received as compensation or a similar non-market stock award.

How many Horizon Bancorp (HBNC) shares does Larry S. Magnesen own after the Form 4 transaction?

After receiving the 2,662-share grant, Larry S. Magnesen directly owns 9,924 Horizon Bancorp common shares. The Form 4 lists this total share count in the “shares following transaction” field, reflecting his updated direct ownership position in the company’s stock.

What price per share is reported for the Horizon Bancorp (HBNC) stock grant to Larry S. Magnesen?

The Form 4 reports a price of $16.90 per share for the 2,662 Horizon Bancorp common shares granted to Larry S. Magnesen. This figure represents the transaction price per share associated with the award, as disclosed in the non-derivative transaction details.

What role does Larry S. Magnesen hold at Horizon Bancorp (HBNC) in this Form 4 filing?

In this Form 4, Larry S. Magnesen is identified as a director of Horizon Bancorp. The filing marks him as a reporting person who serves on the board, and the reported stock grant increases his directly held ownership in the company’s common shares.