Horizon Technology Finance (HRZN) CIO receives 142-share stock award in merger

Rhea-AI Filing Summary

Horizon Technology Finance Corp Chief Investment Officer Paul G. Seitz acquired 142 shares of common stock, coded as a grant or award, at a price of $0.00 per share. This brought his direct holdings to 742 shares. The shares were received pursuant to the completion of a merger covered by an Agreement and Plan of Merger dated August 7, 2025, under which each Monroe Capital Corporation common share converted into the right to receive 0.9402 Horizon Technology Finance Corp common shares. The market price of Horizon Technology Finance Corp common stock at the close of trading on April 13, 2026, the last trading day before the merger closed, was $4.57.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Seitz Paul G

Role Chief Investment Officer

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	142	$0.00	--

Holdings After Transaction: Common Stock — 742 shares (Direct)

Footnotes (1)

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Key Figures

Shares acquired: 142 shares Holdings after transaction: 742 shares Transaction price per share: $0.00 per share +2 more

5 metrics

Shares acquired 142 shares Common Stock grant/award on April 14, 2026

Holdings after transaction 742 shares Direct ownership following Form 4 transaction

Transaction price per share $0.00 per share Grant/award acquisition under merger mechanics

Share conversion ratio 0.9402 HRZN shares per MRCC share Merger Agreement share conversion terms

HRZN market price $4.57 per share Close on April 13, 2026, last trading day before merger closing

Key Terms

Agreement and Plan of Merger, Merger Agreement, converted into the right to receive, par value, +1 more

5 terms

Agreement and Plan of Merger regulatory

"pursuant to, the transactions contemplated by the Agreement and Plan of Merger, dated as of August 7, 2025"

An Agreement and Plan of Merger is a formal document where two companies agree to combine into one, outlining how the process will happen. It’s like a step-by-step plan for merging, and it matters because it shows both sides have agreed on the details before the official transition takes place.

Merger Agreement regulatory

"Horizon Technology Finance Management LLC, a Delaware limited liability company (the "Merger Agreement")"

A merger agreement is a binding contract that lays out the exact terms for two companies to combine, including the price, what each side will deliver, and the conditions that must be met before the deal is completed. Investors care because it sets the timetable, payouts and risks — like a blueprint or prenup that shows whether the deal is likely to close, how ownership will change, and what could cancel or alter the payout they expect.

converted into the right to receive financial

"each share of MRCC common stock, par value $0.001 per share, was converted into the right to receive 0.9402 shares of HRZN common stock"

par value financial

"MRCC common stock, par value $0.001 per share, was converted into the right to receive 0.9402 shares of HRZN common stock, par value $0.001 per share"

Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.

Common Stock financial

"security_title": "Common Stock""

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

Form 4 Insider Transactions: What Each Field Means →

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^*

Seitz Paul G

(Last) (First) (Middle)

312 FARMINGTON AVENUE

(Street)

FARMINGTON CONNECTICUT 06032

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Horizon Technology Finance Corp [ HRZN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Investment Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/14/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	04/14/2026		A		142	A	(1)	742	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:

1. Acquired upon the completion of, and pursuant to, the transactions contemplated by the Agreement and Plan of Merger, dated as of August 7, 2025, by and among Horizon Technology Finance Corporation ("HRZN"), a Delaware corporation, Monroe Capital Corporation ("MRCC"), a Maryland corporation, HMMS, Inc., a Maryland corporation, Monroe Capital BDC Advisors, LLC, a Delaware limited liability company, and Horizon Technology Finance Management LLC, a Delaware limited liability company (the "Merger Agreement"). Pursuant to the Merger Agreement, each share of MRCC common stock, par value $0.001 per share, was converted into the right to receive 0.9402 shares of HRZN common stock, par value $0.001 per share. The market price of HRZN common stock at the close of trading on April 13, 2026, the last trading day prior to closing of the merger, was $4.57.

	/s/ Paul G. Seitz	04/14/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What did Paul G. Seitz report in this Horizon Technology Finance (HRZN) Form 4?

Paul G. Seitz reported acquiring 142 shares of Horizon Technology Finance common stock. The shares were coded as a grant or award and were received in connection with completing a merger described in an Agreement and Plan of Merger dated August 7, 2025.

How many Horizon Technology Finance (HRZN) shares does Paul G. Seitz hold after this Form 4 transaction?

After the reported transaction, Paul G. Seitz directly holds 742 shares of Horizon Technology Finance common stock. This total reflects the addition of 142 shares acquired in connection with the merger, as disclosed in the Form 4 and its related footnote.

Was the Horizon Technology Finance (HRZN) Form 4 transaction an open-market purchase or sale?

The Form 4 shows no open-market purchase or sale. Instead, Paul G. Seitz acquired 142 shares at $0.00 per share, coded as a grant or award, arising from the share conversion mechanics of a completed merger rather than market trading activity.

What were the merger terms referenced in the Horizon Technology Finance (HRZN) Form 4 footnote?

The footnote describes an Agreement and Plan of Merger involving Horizon Technology Finance and Monroe Capital Corporation. Each MRCC common share converted into the right to receive 0.9402 shares of Horizon Technology Finance common stock, providing the basis for the shares Seitz acquired.

What Horizon Technology Finance (HRZN) stock price is mentioned in the Form 4 footnote?

The footnote notes that Horizon Technology Finance common stock closed at $4.57 on April 13, 2026. This date is described as the last trading day before the merger’s closing, giving a market reference for the share consideration in the merger transaction.