Vanguard Capital Management Establishes 5.09% Stake in Horizon Bancorp Inc (HBNC)

Vanguard Capital Management LLC has filed a Schedule 13G reporting a new 5.09% stake in Horizon Bancorp Inc (HBNC). As of the event date on March 31, 2026, Vanguard beneficially owns 2,607,971 shares of common stock. The filing indicates that Vanguard holds sole dispositive power over all 2,607,971 shares, while exercising sole voting power over 380,387 shares. This position represents a significant increase from a previously reported 0% ownership, crossing the 5% regulatory threshold. The shares were acquired in the ordinary course of business and not for the purpose of influencing or changing control of the issuer. The filing also notes that the reported holdings include securities managed by various Vanguard affiliates, such as Vanguard Asset Management Limited and Vanguard Global Advisers, LLC. No other single person's interest in these securities exceeds 5%. The filing was signed by Ashley Grim, Head of Global Fund Administration, on April 30, 2026.