Lawrence E. Burnell - 06 Mar 2025 Form 4 Insider Report for HORIZON BANCORP INC /IN/ (HBNC)

Role: Director
Signature: /s/ Mark E. Secor, as Attorney-in-Fact for Lawrence E. Burnell
Issuer symbol: HBNC
Transactions as of: 06 Mar 2025
Net transactions value: +$39,989
Form type: 4
Filing time: 07 Mar 2025, 16:09:19 UTC
Previous filing: 03 May 2024
Next filing: 10 Jun 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	HBNC	Common Stock						28,851	06 Mar 2025	By Trust	F1
holding	HBNC	Common Stock						9,484	06 Mar 2025	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	HBNC	Deferred Stock Units	Award	$39,989	+2,470	+14%	$16.19	20,511	06 Mar 2025	Common Stock	2,470		Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Adjusted to include shares purchased pursuant to a dividend reinvestment program since the date of the reporting person's last ownership report.
F2	Each Deferred Stock Unit ("DSU") is the economic equivalent of one share of common stock. The DSUs become payable, in cash or common stock or a combination of the two, at the discretion of the Issuer upon the conditions described in the Issuer's Directors Preferred Compensation Plan.