Horizon Bancorp Insider Prame Files Form 144 for Stock Sale

TL;DR

**Horizon Bancorp insider Prame is selling shares, watch for potential stock dip.**

AI Summary

Thomas M. Prame, an insider at Horizon Bancorp Inc. (HRZN), has filed a Form 144 on March 23, 2026, indicating his intent to sell company securities. While the filing doesn't specify the exact number of shares or dollar amount, it signals a potential reduction in his ownership stake. This matters to investors because insider selling can sometimes suggest that those closest to the company believe the stock may be fully valued or that they are diversifying their personal holdings, which could put downward pressure on the stock price.

Why It Matters

Insider selling, even if for personal reasons, can be interpreted by the market as a lack of confidence or a signal that the stock's growth potential is limited, potentially influencing investor sentiment and stock price.

Risk Assessment

Risk Level: medium — Insider selling introduces uncertainty, as it could signal a lack of confidence from someone with intimate knowledge of the company, but the impact depends on the size of the sale.

Analyst Insight

A smart investor would monitor subsequent filings (like Form 4) to determine the actual number of shares sold by Thomas M. Prame and assess the magnitude of the insider selling before making any investment decisions regarding Horizon Bancorp Inc. (HRZN).

Key Players & Entities

• Prame Thomas M (person) — Reporting person, an insider at Horizon Bancorp Inc.
• Horizon Bancorp Inc /IN/ (company) — The subject company whose securities are being sold.
• 0001550175 (person) — CIK for Prame Thomas M
• 0000706129 (company) — CIK for Horizon Bancorp Inc /IN/

Forward-Looking Statements

• The stock price of Horizon Bancorp Inc. (HRZN) may experience downward pressure. (Horizon Bancorp Inc.) — medium confidence, target: Within the next 3-6 months

FAQ

Filing Documents

• primary_doc.html (144)
• primary_doc.xml (144) — 4KB
• 0001972481-26-000115.txt ( ) — 5KB

From the Filing

Form 144 Filer Information UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933 FORM 144 144: Filer Information Is this a LIVE or TEST Filing? LIVE TEST Submission Contact Information Name Phone E-Mail Address 144: Issuer Information Name of Issuer HORIZON BANCORP INC /IN/ Address of Issuer 515 FRANKLIN STREET MICHIGAN CITY INDIANA 46360 Phone 2198790211 Name of Person for Whose Account the Securities are To Be Sold Prame Thomas M See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice. Relationship to Issuer Officer 144: Securities Information Title of the Class of Securities To Be Sold Name and Address of the Broker Number of Shares or Other Units To Be Sold Aggregate Market Value Number of Shares or Other Units Outstanding Approximate Date of Sale Name the Securities Exchange Common Stock Stifel Nicolaus & Company Inc 501 N Broadway St. Louis � MO � 63102 6700 107744.00 51225946 03/23/2026 Nasdaq Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor: 144: Securities To Be Sold Title of the Class Date you Acquired Nature of Acquisition Transaction Name of Person from Whom Acquired Is this a Gift? Date Donor Acquired Amount of Securities Acquired Date of Payment Nature of Payment * Common Stock 03/18/2025 Restricted Stock Issuer 6368 03/18/2026 Equity Compensation Common Stock 03/21/2023 Restricted Stock Issuer 11137 03/23/2026 Equity Compensation * If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid. Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold. 144: Securities Sold During The Past 3 Months Name and Address of Seller Title of Securities Sold Date of Sale Amount of Securities Sold Gross Proceeds Thomas Prame 515 Franklin Street Michigan City � IN � 46360 Common Stock 03/19/2026 2355 36994.00 144: Remarks and Signature Remarks Date of Notice 03/23/2026 ATTENTION: The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date. Signature /s/ James Weimer, as a duly authorized representative of STIFEL, as attorney-in-fact for Thomas Prame ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

View Full Filing

View this 144 filing on SEC EDGAR