Horizon Bancorp (HBNC) EVP Kathie DeRuiter Sells Shares

What Happened

Kathie A. DeRuiter, Executive Vice President of Horizon Bancorp, sold 8,000 shares of HBNC in an open-market transaction on July 27, 2026. The shares were sold at $20.19 each for a total proceeds of $161,520, as reported on the Form 4 filed July 29, 2026. This transaction is a disposition (sale), which is generally considered routine and does not by itself signal a change in insider confidence.

Key Details

• Transaction date: July 27, 2026
• Price: $20.19 per share
• Shares sold: 8,000
• Total value: $161,520
• Transaction type: Sale (Form 4 code S), open-market sale
• Form 4 filed: July 29, 2026 — appears timely relative to the standard two-business-day reporting window
• Shares owned after the transaction: not disclosed in the provided filing summary
• No footnotes, 10b5-1 plan, or tax-withholding details were provided in the information shared here

Context

Insider sales can reflect many things (liquidity needs, portfolio rebalancing, or routine sales) and are less directly informative than insider purchases. Retail investors may want to monitor subsequent filings or company disclosures for additional context or changes in insider holdings. For full details, review the complete Form 4 filing on the SEC EDGAR site.