HBNC Form 4: EVP Mark Secor Disposes of 4,248 Shares, Retains 39,533

Rhea-AI Filing Summary

Horizon Bancorp insider transaction: Executive Vice President Mark E. Secor reported a sale of 4,248 shares of Horizon Bancorp common stock on 08/15/2025 at $15.95 per share, reducing his direct holdings to 39,533 shares. The Form 4 discloses the change in beneficial ownership and is signed by the reporting person on 08/19/2025.

Positive

• Reporting compliance: The officer timely filed a signed Form 4 disclosing the transaction.
• Continued ownership: The reporting person still directly holds 39,533 shares after the sale.

Negative

• Insider sale: An Executive Vice President disposed of 4,248 shares, which may be viewed negatively by some investors.

Insights

Financial Analyst

TL;DR: Insider sold shares but retains a meaningful stake; routine disclosure, limited immediate market implication.

The Form 4 shows a single open-market sale of 4,248 shares at $15.95 by Executive Vice President Mark E. Secor, leaving him with 39,533 shares. This is a standard Section 16 filing that notifies investors of an officer-level disposition. The filing contains no additional transactions, derivative activity, or explanations for the sale, so it does not by itself indicate company-level performance changes.

Corporate Governance Expert

TL;DR: A routine officer sale reported on Form 4; governance processes appear standard based on this disclosure alone.

The document identifies Secor as an Executive Vice President and reports a disposition of 4,248 common shares. The form is completed and signed, fulfilling Section 16 reporting obligations. There is no indication of transactions under a 10b5-1 plan or any amendment, and no derivative positions are reported. From a governance perspective, the filing meets disclosure requirements but provides no context for insider intent.

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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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^*

SECOR MARK E

(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)
	Executive Vice President

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		4,248	D	$15.95	39,533	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:

	Mark E. Secor	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.

FAQ

What transaction did Mark E. Secor report on Form 4 for HBNC?

He reported a sale of 4,248 shares of Horizon Bancorp common stock on 08/15/2025 at a price of $15.95 per share.

How many HBNC shares does the reporting person own after the sale?

The Form 4 shows 39,533 shares beneficially owned by Mark E. Secor following the reported transaction.

What is the reporting person's role at Horizon Bancorp?

The reporting person is identified as an Executive Vice President of Horizon Bancorp.

Was this Form 4 amended or part of a 10b5-1 plan?

The filing shows the transaction date as 08/15/2025 and does not indicate an amendment or that it was made pursuant to a 10b5-1 plan.

Are there any derivative securities reported in this Form 4?

No. Table II lists no derivative securities; only a non-derivative sale of common stock is reported.