secwatch.observer — SEC 8-K summary
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Issuer:     HORIZON BANCORP INC /IN/ (HBNC)
CIK:        0000706129
Form:       8-K
Filed at:   2025-10-14T23:59:59+00:00
Accession:  0000706129-25-000164
Event type: leadership
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Horizon Bancorp appoints Larry S. Magnesen as independent director
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- Larry S. Magnesen appointed to Board effective Oct 10, 2025 for term through 2026 annual meeting; Board expands from 12 to 13 members.
- Magnesen has over 40 years of banking experience, most recently as SVP, Corporate Communications Director at Fifth Third Bank.
- He joined the Enterprise Risk Management, Credit Policy, and Fair Lending Committee and the Wealth Committee.
- Magnesen is deemed independent under Nasdaq and SEC rules and will receive standard non-employee director compensation.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/706129/000070612925000164/0000706129-25-000164-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/706129/000070612925000164/hbnc-20251010.htm
  HTML page:      https://secwatch.observer/filing/0000706129-25-000164

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer