secwatch.observer — SEC 8-K summary
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Issuer:     HORIZON BANCORP INC /IN/ (HBNC)
CIK:        0000706129
Form:       8-K
Filed at:   2026-03-04T23:59:59+00:00
Accession:  0000706129-26-000016
Event type: leadership
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Horizon Bancorp eliminates CAO role; EVP Mark Secor to depart March 31
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- Chief Administration Officer position eliminated effective March 31, 2026.
- Mark E. Secor, EVP and CAO, departs to pursue other opportunities; no disagreement involved.
- Secor receives severance: 1 week pay per year of service (max 13 weeks) plus pro-rated 2026 bonus at target.
- Company expects to enter customary release and confidentiality agreement with Secor.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/706129/000070612926000016/0000706129-26-000016-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/706129/000070612926000016/hbnc-20260304.htm
  HTML page:      https://secwatch.observer/filing/0000706129-26-000016

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