HBNC Form 4: EVP Lynn Kerber sells 4,383 shares; holdings now 25,559
Rhea-AI Filing Summary
Insider sale reported: Horizon Bancorp executive Lynn M. Kerber, listed as EVP & SCCO, disposed of 4,383 shares of Common Stock on 08/15/2025 at a price of $15.95 per share. After the transaction Ms. Kerber beneficially owned 25,559 shares. The Form 4 was signed by an attorney-in-fact on 08/19/2025.
Positive
- None.
Negative
- Insider sale: Reporting person disposed of 4,383 shares on 08/15/2025 at $15.95 per share
- Reduced holdings: Beneficial ownership decreased to 25,559 shares following the transaction
Insights
TL;DR: An executive sale of 4,383 shares at $15.95 reduced reported insider holdings to 25,559 shares.
The filing documents a straightforward open-market disposal by Lynn M. Kerber, an executive officer. The transaction date is 08/15/2025 and the reported sale price is $15.95 per share. Ownership after the sale is reported as 25,559 shares. For investors this is a disclosure of insider liquidity but the filing contains no information about intent, volume relative to total outstanding shares, or any derivative activity.
TL;DR: Form 4 timely records an executive officer sale; documentation is standard and signed by attorney-in-fact.
The Form 4 lists the reporting person as EVP & SCCO and shows the sale was reported with a signature executed by an attorney-in-fact on 08/19/2025. The report indicates compliance with Section 16 reporting requirements by documenting the change in beneficial ownership. The form includes no amendments or derivative transactions.
FAQ
What did Lynn M. Kerber report on the Form 4 for HBNC?
What is the reporting person’s role at Horizon Bancorp (HBNC)?
When was the Form 4 signed and by whom?
Does the Form 4 show any derivative transactions or amendments?
What price was the reported sale executed at?