CEO Michael Balkin Buys $434K in Open Market Shares Post-Merger
HRZN is trading near its 52-week low of $3.802 (12% above the low) on light trading volume (0.2× avg).
Summary
CEO Michael Balkin purchased $434,000 worth of Horizon Technology Finance Corp stock in an open market transaction, alongside receiving shares as part of the Monroe Capital merger.
Key Events · Ownership and Investor Activity · HRZN
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CEO Open Market Purchase
CEO Michael Balkin acquired 100,000 shares of common stock for $434,000 in an open market transaction on June 9, 2026, at a price of $4.34 per share.
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Merger-Related Share Grant
On April 14, 2026, Michael Balkin also acquired 93,527 shares as part of the completed merger with Monroe Capital Corporation, where Monroe shares were converted into Horizon Technology Finance Corp common stock.
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Significant Insider Investment
The total value of shares acquired by the CEO, including the open market purchase and the merger-related grant, amounts to $832,425, representing a notable increase in his direct holdings.
Analysis · HRZN · Unknown
CEO Michael Balkin's open market purchase of $434,000 in company stock is a strong signal of confidence, especially following the recent merger with Monroe Capital Corporation. This discretionary investment by the top executive suggests a positive outlook on the company's prospects after integrating the acquired entity.
How filings like this one have moved
In the 30 days to Sep 22, 2026, 34.8% of the 1044 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.43%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, HRZN was trading at $4.26 on NASDAQ in the Unknown sector, with a market capitalization of approximately $290.8M. The 52-week trading range was $3.80 to $8.46. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.