Horizon Bancorp (HBNC) Director Kevin Ahern Receives Award

What Happened Kevin Ahern, a director of Horizon Bancorp, received a grant of 306 Deferred Stock Units (DSUs) on August 26, 2026. The award is recorded at $20.45 per unit for a total grant value of $6,258. This was an equity-based director compensation award (not an open-market purchase or sale).

Key Details

• Transaction date and value: 2026-08-26 — 306 DSUs @ $20.45 each; total $6,258.
• Transaction type: A (award/grant) — derivative (Deferred Stock Units).
• Shares owned after transaction: Not specified in the filing.
• Footnote: Each DSU is the economic equivalent of one share and will be payable in cash, common stock, or a combination at the issuer’s discretion under the Directors Preferred Compensation Plan.
• Filing timeliness: Report filed 2026-08-27 (the day after the transaction) — appears timely.

Context Deferred Stock Units are typically part of director compensation and represent a deferred claim on the company’s stock value; they do not represent an immediate open-market purchase or sale and may be paid out or converted later according to the plan’s terms. Such awards are routine and should be viewed as compensation rather than a direct bullish or bearish trading signal.