Horizon Bancorp (HBNC) EVP delivers shares for tax withholding in Form 4

Rhea-AI Filing Summary

Horizon Bancorp Inc. Executive Vice President Kathie A. DeRuiter reported a tax-related share disposition. On this Form 4, 1,711 shares of Common Stock were delivered at $16.28 per share to satisfy tax obligations, classified as a tax-withholding disposition rather than an open-market trade. After this transaction, she directly holds 58,346 shares of Horizon Bancorp Inc. common stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider DeRuiter Kathie A

Role Executive Vice President

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	1,711	$16.28	$28K

Holdings After Transaction: Common Stock — 58,346 shares (Direct)

Footnotes (1)

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^*

DeRuiter Kathie A

(Last) (First) (Middle)

515 FRANKLIN STREET

(Street)

MICHIGAN CITY INDIANA 46360

(City) (State) (Zip)

UNITED STATES

(Country)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/23/2026

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	03/23/2026		F		1,711	D	$16.28	58,346	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/ John R. Stewart, as Attorney-in-Fact for Kathie A. DeRuiter	03/24/2026
	** 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 insider transaction did HBNC executive Kathie DeRuiter report?

Kathie A. DeRuiter reported a tax-related share disposition. She delivered 1,711 shares of Horizon Bancorp Inc. common stock at $16.28 per share to cover tax obligations, classified as a tax-withholding transaction on this Form 4.

Was the HBNC insider transaction by Kathie DeRuiter an open-market sale?

No, the transaction was not an open-market sale. The Form 4 classifies it as a tax-withholding disposition, where 1,711 shares were delivered to satisfy tax liabilities rather than sold in the open market.

How many HBNC shares does Kathie DeRuiter hold after this Form 4 transaction?

After the tax-withholding disposition, Kathie A. DeRuiter directly holds 58,346 shares of Horizon Bancorp Inc. common stock. This figure reflects her position following delivery of 1,711 shares to satisfy tax obligations reported in the filing.

What does transaction code F mean in the HBNC Form 4 filing?

Transaction code F indicates payment of an exercise price or tax liability by delivering securities. In this case, 1,711 Horizon Bancorp Inc. shares were delivered as a tax-withholding disposition rather than being purchased or sold on the market.

What was the price per share used in Kathie DeRuiter’s HBNC tax-withholding transaction?

The tax-withholding disposition used a price of $16.28 per share. This value applies to the 1,711 Horizon Bancorp Inc. common shares delivered to satisfy tax obligations, as reported in the Form 4 transaction details.