Horizon Bancorp (HBNC) insider sale: 4,383 shares at $15.95

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.

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

Financial Analyst

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.

Corporate Governance Expert

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.

Insider Trade Summary

Exercise Price or Tax Liability: 4,383 shares

Exercise Price or Tax Liability 1 txn

Insider Kerber Lynn

Role EVP & SCCO

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	4,383	$15.95	$70K

Holdings After Transaction: Common Stock — 25,559 shares (Direct)

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Lynn M. Kerber report on the Form 4 for HBNC?

The Form 4 reports that Lynn M. Kerber disposed of 4,383 shares of Horizon Bancorp common stock on 08/15/2025 at $15.95 per share; ownership after the sale is 25,559 shares.

What is the reporting person’s role at Horizon Bancorp (HBNC)?

The Form 4 lists the reporting person as an officer with the title EVP & SCCO.

When was the Form 4 signed and by whom?

The form was signed by John R. Stewart, as Attorney-in-Fact for Lynn M. Kerber on 08/19/2025.

Does the Form 4 show any derivative transactions or amendments?

No. The filing shows a non-derivative sale and does not indicate any derivatives or amendments.

What price was the reported sale executed at?

The reported sale price was $15.95 per share.

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

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Accepted by SEC EDGAR 08/19/2025 - 04:06 PM Learn about SEC filing dates

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^*

Kerber Lynn

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP & SCCO

3. Date of Earliest Transaction (Month/Day/Year)
08/15/2025

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	08/15/2025		F		4,383	D	$15.95	25,559	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 Lynn M. Kerber	08/19/2025
	** 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.