CFO John R Stewart bought 1,724 shares of HBNC at $14.50; 4 other insiders bought within 14 days—cluster pattern
Stewart John R, the Chief Financial Officer, purchased 1,724 shares at $14.50 on 2025-08-22, increasing his holdings from 78,021 to 79,745 shares. This open-market buy occurs within a broader cluster: 4 other insiders also purchased within the past 14 days, indicating coordinated insider activity at the same company. The stock is trading at $15.66, which is -16.5% from its 52-week high of $18.76, suggesting the purchase occurred amid a recent downturn from peak valuation. With a P/E of 13.27 and modest recent price recovery (+4.2% over 90 days), the cluster buy pattern warrants investor attention as a potential indicator of insider perspective on near-term valuation.