Horizon Bancorp, Inc. is eliminating the position of Chief Administration Officer at the company and Horizon Bank, effective March 31, 2026. As a result, Executive Vice President and Chief Administration Officer Mark E. Secor will leave to pursue other opportunities, with no disagreement over financial, accounting, or other matters.
Subject to signing and not revoking a general release within seven days, Mr. Secor is expected to receive severance under the bank’s standard policy equal to one week of pay per full year of service, capped at 13 weeks, plus a cash bonus under the 2026 Executive Officer Bonus Plan, prorated to March 31, 2026 and payable at target.
Samuels Michele Annette reported acquisition or exercise transactions in this Form 4 filing.
Horizon Bancorp Inc. director receives stock award
Horizon Bancorp Inc. director Michele Annette Samuels reported receiving a grant of 2,662 shares of common stock on February 27, 2026, at a stated value of $16.90 per share. Following this award, she directly holds a total of 7,648 common shares.
Williams Vanessa Peterson reported acquisition or exercise transactions in this Form 4 filing.
Horizon Bancorp Inc. director Vanessa Peterson Williams reported receiving a grant of 2,662 shares of common stock on February 27, 2026 at a reported price of $16.90 per share. After this award, her directly owned common stock holdings increased to 12,138 shares.
Horizon Bancorp Inc. director Brian C. Walker reported an award of 2,662 shares of Common Stock on February 27, 2026, in a grant, award, or other acquisition transaction at a reported price of $16.9000 per share. After this award, he directly owns 5,524 common shares.
Maass Brian W reported acquisition or exercise transactions in this Form 4 filing.
Horizon Bancorp Inc. director Brian W. Maass reported receiving a grant of 2,662 shares of common stock on February 27, 2026, at a reported value of $16.90 per share. After this grant, he directly holds a total of 9,545 Horizon Bancorp common shares.
Reed Steven William reported acquisition or exercise transactions in this Form 4 filing.
Horizon Bancorp Inc. director Steven William Reed reported an equity award of 2,681 Deferred Stock Units on common stock at $16.74 per unit. Each Deferred Stock Unit is economically equivalent to one share of common stock and is payable in cash, stock, or a combination under the company’s Directors Preferred Compensation Plan.
Following this grant, Reed directly holds 17,459 Deferred Stock Units. A separate line updates his directly held common stock to 30,093 shares, which the footnotes state now reflects additional shares accumulated through the company’s dividend reinvestment program since his prior ownership report.
Horizon Bancorp Inc. director granted shares through trust
Horizon Bancorp Inc. director Michele M. Magnuson reported an indirect acquisition of 2,662 shares of Common Stock on February 27, 2026. The shares were received as a grant or award at a stated price of $16.90 per share and are held "By Trust."
Following this grant, the trust’s indirect holdings reported for Magnuson increased to 47,863 shares of Horizon Bancorp Inc. common stock. This transaction is classified as a grant, award, or other acquisition rather than an open-market purchase or sale.
Horizon Bancorp Inc. director Larry S. Magnesen reported an acquisition of common stock through a grant or award. On February 27, 2026, he received 2,662 shares of Horizon Bancorp common stock at $16.90 per share, bringing his directly owned stake to 9,924 shares after the transaction.
Horizon Bancorp director Eric P. Blackhurst reported an equity award of common stock. He acquired 2,662 shares of Horizon Bancorp common stock on February 27, 2026 through a grant or award at a reference value of $16.90 per share, rather than an open-market purchase. Following this award, his directly held position increased to 28,960 common shares.
Horizon Bancorp director Kevin Ahern reported an award of 2,681 Deferred Stock Units on February 27, 2026. Each deferred stock unit is the economic equivalent of one share of common stock and will be paid in cash, stock, or a combination, at Horizon Bancorp’s discretion under its Directors Preferred Compensation Plan.
After this grant, Ahern directly holds 8,811 deferred stock units. He also directly owns 16,896 shares of common stock, a figure that has been adjusted to include shares acquired through a dividend reinvestment program since his last ownership report.