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

Rhea-AI Filing Summary

Horizon Bancorp, Inc. (HBNC) director Michele Annette Samuels reported a purchase of 1,724 shares of the company's common stock on 08/22/2025 at a reported price of $14.50 per share, bringing her beneficial ownership to 4,986 shares. The Form 4 was signed by an attorney-in-fact and filed on 08/25/2025. The filing discloses a straightforward open-market purchase by an insider and contains no derivative transactions or additional remarks.

Positive

• Director completed a direct open-market purchase of 1,724 shares, increasing her ownership to 4,986 shares
• Form 4 includes complete basic disclosure: transaction date, price ($14.50), and post-transaction holdings

Negative

• None.

Insights

Financial Analyst

TL;DR: Insider purchased a small block of shares; limited direct impact on company fundamentals.

This Form 4 shows a non-derivative purchase of 1,724 common shares at $14.50, increasing a director's stake to 4,986 shares. The transaction appears to be a routine open-market buy rather than part of a broad compensation or option exercise program. Given the modest size relative to typical public-company floats, the trade is unlikely to materially affect valuation or liquidity, but it is a factual indicator of the director taking a long position on the filing date.

Corporate Governance Expert

TL;DR: Director-level insider purchase disclosed correctly; filing is compliant and routine.

The reporting person is identified as a director and the form properly reports a direct acquisition under Rule 16. The Form 4 includes transaction date, price, post-transaction holdings, and a signature via attorney-in-fact, meeting disclosure norms. There are no indications of related-party transactions, derivative positions, or plan-based trades disclosed in this filing.

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^*

Samuels Michele Annette

(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)
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	4,986	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 Michele S. Samuels	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 transaction did Michele Annette Samuels report on Form 4 for HBNC?

She reported a purchase of 1,724 common shares on 08/22/2025 at a price of $14.50 per share.

How many HBNC shares does Michele Samuels beneficially own after the transaction?

The filing reports 4,986 shares beneficially owned following the reported purchase.

Was the Form 4 filing for HBNC complete and properly signed?

Yes. The Form 4 was signed by an attorney-in-fact and filed on 08/25/2025, with required transaction details included.

Did the filing disclose any derivative transactions or option exercises for HBNC?

No. Table II (derivative securities) contains no reported transactions; only a non-derivative common stock purchase is disclosed.

Does this Form 4 indicate a plan-based (10b5-1) transaction for HBNC?

The filing does not indicate that the transaction was made pursuant to a 10b5-1 plan; no such box or plan language is reported.