Etzler Todd A. 4

What Happened

Todd A. Etzler, Executive Vice President and General Counsel of Horizon Bancorp, had 1,280 shares disposed of to satisfy a tax obligation (transaction code F). The shares were treated at $16.28 each, for a total value of $20,838, and the Form 4 reports the transaction date as March 23, 2026.

Key Details

• Transaction date and price: 2026-03-23 at $16.28 per share.
• Shares disposed: 1,280; total value ≈ $20,838.
• Transaction code F: payment of exercise price or tax liability (shares withheld to cover taxes).
• Shares owned after transaction: not disclosed in the provided excerpt.
• Filing timeliness: Form filed 2026-03-24 for a 2026-03-23 transaction (appears timely).

Context

This filing indicates a tax-withholding disposition (common when equity awards vest or options are exercised) rather than an open-market sale or a new purchase. Such withholdings are routine and do not necessarily signal a change in the insider’s view on the company.