Horizon Bancorp, Inc. Files Definitive Proxy Statement

TL;DR

<b>Horizon Bancorp, Inc. has filed its Definitive Proxy Statement for the period ending May 2, 2024.</b>

AI Summary

HORIZON BANCORP INC /IN/ (HBNC) filed a Proxy Statement (DEF 14A) with the SEC on March 18, 2024. Horizon Bancorp, Inc. filed a Definitive Proxy Statement on March 18, 2024. The filing covers the period ending May 2, 2024. The company's principal executive offices are located at 515 Franklin Street, Michigan City, IN 46360. The filing includes information related to executive compensation for the fiscal years 2023, 2022, 2021, and 2020. The company was formerly known as Citizens Michiana Financial Corp before a name change on July 3, 1992.

Why It Matters

For investors and stakeholders tracking HORIZON BANCORP INC /IN/, this filing contains several important signals. This filing is crucial for shareholders to understand executive compensation structures and make informed voting decisions at the upcoming shareholder meeting. The proxy statement provides details on corporate governance, director nominations, and other matters requiring shareholder approval, impacting the company's strategic direction.

Risk Assessment

Risk Level: low — HORIZON BANCORP INC /IN/ shows low risk based on this filing. The filing is a routine proxy statement (DEF 14A) and does not contain new financial performance data or significant operational changes, indicating a low level of immediate risk.

Analyst Insight

Shareholders should review the executive compensation details and any proposed resolutions to make informed voting decisions.

Key Numbers

• 2024-03-18 — Filing Date (DEF 14A Filing Date)
• 2024-05-02 — Period of Report (DEF 14A Conformed Period of Report)
• 2023-12-31 — Fiscal Year End (Company Fiscal Year End)
• 2023 — Executive Compensation Year (Executive Compensation Data Year)
• 2022 — Executive Compensation Year (Executive Compensation Data Year)
• 2021 — Executive Compensation Year (Executive Compensation Data Year)
• 2020 — Executive Compensation Year (Executive Compensation Data Year)

Key Players & Entities

• HORIZON BANCORP, INC. (company) — Registrant Name
• 515 FRANKLIN STREET (location) — Business Address
• MICHIGAN CITY (location) — Business Address City
• IN (location) — Business Address State
• 46360 (location) — Business Address Zip
• CITIZENS MICHIANA FINANCIAL CORP (company) — Former Company Name
• Craig M. Dwight (person) — Member
• Thomas M. Prame (person) — Member

FAQ

Industry Context

Horizon Bancorp, Inc. operates within the commercial banking sector.

Regulatory Implications

The filing is made pursuant to Section 14(a) of the Securities Exchange Act of 1934, which governs the solicitation of proxies.

What Investors Should Do

1. Review the executive compensation details for named executive officers.
2. Understand the proposals to be voted on at the shareholder meeting.
3. Note the company's former names and history of name changes.

Year-Over-Year Comparison

This is a DEF 14A filing, which is a standard proxy statement and does not represent a change from previous filings of this type.

Filing Documents

• hbnc-20240315.htm (DEF 14A) — 944KB
• hbnc-20240315_g1.jpg (GRAPHIC) — 178KB
• hbnc-20240315_g2.jpg (GRAPHIC) — 93KB
• hbnc-20240315_g3.jpg (GRAPHIC) — 15KB
• hbnc-20240315_g4.jpg (GRAPHIC) — 7KB
• hbnc-20240315_g5.jpg (GRAPHIC) — 226KB
• hbnc-20240315_g6.jpg (GRAPHIC) — 271KB
• 0000706129-24-000017.txt (&nbsp;) — 3623KB
• hbnc-20240315.xsd (EX-101.SCH) — 5KB
• hbnc-20240315_def.xml (EX-101.DEF) — 4KB
• hbnc-20240315_lab.xml (EX-101.LAB) — 9KB
• hbnc-20240315_pre.xml (EX-101.PRE) — 6KB
• hbnc-20240315_htm.xml (XML) — 198KB

: Gender Identity

Part I: Gender Identity Directors 3 9 0 0

: Demographic Background

Part II: Demographic Background African American or Black 1 0 0 0 Alaskan Native or Native American 0 0 0 0 Asian 0 0 0 0 Hispanic or Latinx 0 0 0 0 Native Hawaiian or Pacific Islander 0 0 0 0 White 2 9 0 0 Two or

View Full Filing

View this DEF 14A filing on SEC EDGAR