Samuels Michele Annette 4

What Happened
Director Michele Annette Samuels received 332 shares of Horizon Bancorp (HBNC) on July 2, 2026. The shares were granted at a reported price of $20.08 per share, for a total value of roughly $6,667. This was recorded on a Form 4 as an award/grant (transaction code A), an acquisition rather than an open-market purchase.

Key Details

• Transaction date: 2026-07-02; Price per share: $20.08; Shares acquired: 332; Total value ≈ $6,667.
• Transaction type: Award/Grant (A) — typically compensation or restricted stock award.
• Shares owned after transaction: Not disclosed in the provided filing details.
• Footnotes/plan info: No 10b5-1 plan, tax withholding, or other footnotes were reported in the summary provided.
• Filing timeliness: Form filed 2026-07-07 (five days after the transaction); this appears later than the usual two-business-day Form 4 reporting deadline.

Context
Grants to directors are commonly part of compensation programs and do not necessarily signal a personal investment decision. For retail investors, awards are useful to track insider alignment with shareholders but should be interpreted differently than open-market purchases (which can be stronger signals of personal conviction).