Horizon Bancorp (HBNC) director buys 1,306 shares in open market
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Horizon Bancorp Inc. director Brian C. Walker bought shares of the company’s common stock in the open market. He purchased 1,306 shares at a price of $18.36 per share. After this transaction, he directly owns a total of 6,830 Horizon Bancorp common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,306 shares ($23,978)
Net Buy
1 txn
Insider
WALKER BRIAN C
Role
null
Bought
1,306 shs ($24K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 1,306 | $18.36 | $24K |
Holdings After Transaction:
Common Stock — 6,830 shares (Direct, null)
Footnotes (1)
Key Figures
Shares purchased: 1,306 shares
Purchase price: $18.36 per share
Shares owned after transaction: 6,830 shares
+1 more
4 metrics
Shares purchased
1,306 shares
Open-market purchase of common stock
Purchase price
$18.36 per share
Price paid for each common share
Shares owned after transaction
6,830 shares
Director’s direct common stock holdings post-transaction
Net buy shares
1,306 shares
Net change in non-derivative holdings from this filing
Key Terms
Common Stock, open-market purchase, Form 4, direct ownership
4 terms
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
open-market purchase financial
"transaction_action: "open-market purchase""
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
direct ownership financial
"ownership_type: "direct""
FAQ
What insider transaction did Horizon Bancorp (HBNC) report on this Form 4?
Horizon Bancorp reported that director Brian C. Walker made an open-market purchase of 1,306 shares of the company’s common stock at $18.36 per share, increasing his direct ownership position in the bank’s equity.
Was the Horizon Bancorp (HBNC) insider transaction a purchase or a sale?
The transaction was a purchase. Director Brian C. Walker executed an open-market purchase of 1,306 Horizon Bancorp common shares, as indicated by the Form 4 transaction code “P” and the description “Purchase in open market or private transaction.”
Does the Horizon Bancorp (HBNC) Form 4 show any derivative securities activity?
No derivative activity is shown in this Form 4. The filing lists only a single non-derivative transaction in Horizon Bancorp common stock, and the derivative securities summary section is empty, indicating no options or similar instruments reported.