Horizon Bancorp Reports Director/Officer Changes & Compensation

TL;DR

Horizon Bancorp's 8-K details director/officer changes and compensation updates.

AI Summary

Horizon Bancorp, Inc. filed an 8-K on October 14, 2025, reporting events as of October 10, 2025. The filing primarily concerns the departure of directors or certain officers, the election of directors, the appointment of certain officers, and compensatory arrangements for certain officers. It also includes Regulation FD disclosures and financial statements/exhibits.

Why It Matters

Changes in board composition and executive compensation can signal shifts in company strategy or governance, impacting investor confidence and future performance.

Risk Assessment

Risk Level: low — This filing reports routine corporate governance and personnel changes, not significant financial distress or major strategic shifts.

Key Players & Entities

• HORIZON BANCORP INC /IN/ (company) — Registrant
• 515 Franklin Street Michigan City , IN 46360 (location) — Principal executive offices

FAQ

Filing Documents

• hbnc-20251010.htm (8-K) — 28KB
• prhorizonbancorpdirector.htm (EX-99.1) — 5KB
• prhorizonbancorpdirector001.jpg (GRAPHIC) — 232KB
• prhorizonbancorpdirector002.jpg (GRAPHIC) — 91KB
• 0000706129-25-000164.txt ( ) — 595KB
• hbnc-20251010.xsd (EX-101.SCH) — 2KB
• hbnc-20251010_lab.xml (EX-101.LAB) — 21KB
• hbnc-20251010_pre.xml (EX-101.PRE) — 12KB
• hbnc-20251010_htm.xml (XML) — 3KB

02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers

Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers Increase in Board of Directors and Filling of Vacancies On October 10, 2025, the Board of Directors (the "Board") of Horizon Bancorp, Inc. (the "Company") increased the size of the Board from 12 members to 13 members by adding one member in the Class of 2026. The Board elected Larry S. Magnesen to serve as a director of the Company to fill the vacancy in the Class of 2026. His initial term as a director will continue until the 2026 annual meeting of shareholders to serve until his successor shall be duly elected, unless he resigns, is removed, or is otherwise disqualified from serving as a director of the Company. Larry S. Magnesen The Board appointed Larry S. Magnesen to the Enterprise Risk Management, Credit Policy, and Fair Lending Committee and the Wealth Committee. Mr. Magnesen is the retired Senior Vice President, Corporate Communications Director at Fifth Third Bank (Chicago) with over forty years of experience in the banking industry. During his time with Fifth Third Bank, he also served as Chief Reputation Officer and Chief Marketing Officer based in Cincinnati, Ohio, and Senior Vice President, Regional Marketing based in Grand Rapids, Michigan. Previously, Magnesen served various roles in Retail Banking, Business Banking, and Marketing at other banks including Old Kent Bank, Banc One Ohio Corporation, now part of Chase Bank, and Citibank. The Board has determined that Mr. Magnesen is an "independent" director under the Company's Corporate Governance guidelines and the independence requirements of the Nasdaq Exchange, as well as the applicable rules promulgated by the Securities and Exchange Commission (the "SEC"). As a non-employee director, Mr. Magnesen will receive the same compensation paid to other non-employee directors of the Company in accordance with the policies and procedures previously approved by the Board for non-emplo

01 Regulation FD Disclosure

Item 7.01 Regulation FD Disclosure On October November 14, 2025, the Company issued a press release announcing the election of Mr. Magnesen to the Board, a copy of which is furnished as Exhibit 99.1 hereto and incorporated in this Item 7.01 by reference. The information in this Item 7.01 and Exhibit 99.1 shall not be deemed "filed" for purposes of Section 18 of the Exchange Act or otherwise subject to the liabilities of that section. This information shall not be deemed to be incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference to such disclosure in this Form 8-K in such a filing

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits (d) Exhibits EXHIBIT INDEX Exhibit No. Description Location 99.1 Press Release, dated October 14, 2025 Attached 3

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: October 14, 2025 HORIZON BANCORP, INC. By: /s/ John R. Stewart, CFA John R. Stewart, CFA Executive Vice President & Chief Financial Officer 4

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View this 8-K filing on SEC EDGAR