Horizon Bancorp (HBNC) Director Eric Blackhurst Receives 306-Share Award

What Happened
Eric P. Blackhurst, a director of Horizon Bancorp, received an award/acquisition of 306 shares on August 26, 2026. The shares were valued at $20.45 each, for a total reported value of $6,258. This transaction is coded as an award/grant (code A), not a market purchase or sale.

Key Details

• Transaction date: 2026-08-26; Form 4 filed: 2026-08-27 (timely filing).
• Transaction type/code: Award/Grant (A).
• Shares awarded: 306 shares at $20.45 per share; total value $6,258.
• Shares owned after transaction: Not specified in the provided filing.
• No footnotes (e.g., 10b5-1, tax withholding) were provided in the summary available.

Context
Awards to directors are typically part of compensation (e.g., restricted stock or RSUs) and reflect compensation policy rather than an open-market purchase or sale. Such grants are common for board members and do not by themselves indicate the insider’s short-term view on the stock. The filing was submitted the day after the transaction, within standard Form 4 timing requirements.