[Form 4] Horizon Bancorp, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Horizon Bancorp insider purchase: John R. Stewart, listed as an officer (EVP & Chief Financial Officer), reported purchasing 1,724 shares of Horizon Bancorp (HBNC) on 08/22/2025 at $14.50 per share. After the transaction he beneficially owned 79,745 shares, held directly. The Form 4 was signed by an attorney-in-fact on 08/25/2025. The filing discloses a routine non-derivative acquisition by an executive.

Positive

• Officer purchase reported showing insider acquisition of 1,724 shares at $14.50
• Post-transaction ownership disclosed: 79,745 shares held directly

Negative

• None.

Insights

Financial Analyst

TL;DR: Executive purchased a small block of shares, indicating a routine insider buy rather than a material corporate event.

The Form 4 shows a purchase of 1,724 common shares at $14.50 each, bringing direct ownership to 79,745 shares. The transaction is non-derivative and executed on 08/22/2025. From a financial perspective this is a straightforward disclosure of insider activity; there are no accompanying metrics, compensation changes, or company-level events disclosed in this filing to suggest a material impact on HBNC's financials.

Corporate Governance Expert

TL;DR: Routine insider reporting complying with Section 16; nothing in the filing suggests governance concerns.

The filing properly reports the officer's purchase and beneficial ownership update. It is signed by an attorney-in-fact and contains required details: transaction date, price, share count, and post-transaction ownership. There are no indications of derivative transactions, options exercises, or contract-plan language in this Form 4 that would raise governance flags.

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
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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^*

Stewart John R

(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 - Chief Financial Officer

3. Date of Earliest Transaction (Month/Day/Year)
08/22/2025

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	08/22/2025		P		1,724	A	$14.5	79,745	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/ Mark E. Secor, as Attorney-in-Fact for John R. Stewart	08/25/2025
	** 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.

FAQ

What insider transaction did John R. Stewart report on Form 4 for HBNC?

He purchased 1,724 shares of Horizon Bancorp common stock on 08/22/2025 at a price of $14.50 per share.

How many HBNC shares does John R. Stewart own after the reported transaction?

79,745 shares beneficially owned following the reported purchase, held directly.

When was the HBNC Form 4 signed and by whom?

The Form 4 was signed on 08/25/2025 by Mark E. Secor as Attorney-in-Fact for John R. Stewart.

Was the reported HBNC transaction derivative or non-derivative?

The transaction was a non-derivative acquisition of common stock (no options or convertible securities reported).

What is John R. Stewart’s role at Horizon Bancorp as stated on the Form 4?

He is reported as an Officer with the title EVP - Chief Financial Officer.