HORIZON BANCORP INC /IN/ (HBNC) 8-K Current Report: March 4, 2026

Filed: March 4, 2026

Financials

State Commercial Banks

HORIZON BANCORP INC /IN/ (HBNC) 8-K current report filed with SEC EDGAR on March 4, 2026. This page provides AI-powered analysis of reported events and material disclosures, including results of operations, corporate governance changes, agreements, and other triggering events as disclosed under Form 8-K item codes.

Reported 8-K Items
1 item

Item 5.02: Departure/Election of Directors or Officers

HORIZON BANCORP INC /IN/ 8-K Mar 4, 2026 Event Analysis

Item 5.02 · Departure/Election of Directors or Officers

• Chief Administration Officer role eliminated at Horizon Bancorp and Horizon Bank, effective March 31, 2026 — EVP Mark E. Secor departing
• Severance capped at 13 weeks of pay (1 week per year of service) under standard Bank severance policy
• Also receives pro-rated 2026 Executive Officer Bonus Plan cash payment at target through March 31, 2026
• Departure explicitly not related to any financial, accounting, or other disagreement — reducing governance concern
• Position elimination (not replacement) signals ongoing cost discipline or organizational restructuring at the executive level

Other HORIZON BANCORP INC /IN/ 8-K Filings

8-K Mar 18, 2026

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