[Form 4] German American Bancorp, Inc. Insider Trading Activity
Andrew M. Seger, a director of German American Bancorp, Inc. (GABC), reported changes in his beneficial ownership. The filing shows Mr. Seger is recorded as indirectly owning 125,826 shares through Wabash Valley Produce, Inc. and that on 08/15/2025 he acquired 503.3207 shares at a price of $39.7361 per share. The filing explains the purchase resulted from a prior election to use a portion of director compensation to buy shares through the issuer's Dividend Reinvestment and Stock Purchase Plan. The Form 4 was signed by an attorney-in-fact on 08/19/2025.
Andrew M. Seger, membro del consiglio di German American Bancorp, Inc. (GABC), ha comunicato variazioni nella sua partecipazione beneficiaria. La dichiarazione indica che il sig. Seger detiene indirettamente 125.826 azioni tramite Wabash Valley Produce, Inc. e che il 08/15/2025 ha acquistato 503.3207 azioni al prezzo di $39.7361 per azione. Il documento spiega che l’acquisto è derivato da una precedente scelta di destinare parte della retribuzione da direttore all’acquisto di azioni tramite il Piano di Reinvestimento dei Dividendi e di Acquisto di Azioni dell’emittente. Il Modulo 4 è stato firmato da un procuratore il 08/19/2025.
Andrew M. Seger, miembro del consejo de German American Bancorp, Inc. (GABC), informó cambios en su propiedad beneficiaria. La presentación muestra que el Sr. Seger posee indirectamente 125.826 acciones a través de Wabash Valley Produce, Inc. y que el 08/15/2025 adquirió 503.3207 acciones a un precio de $39.7361 por acción. El informe explica que la compra fue el resultado de una elección previa de destinar parte de la compensación del director a la compra de acciones mediante el Plan de Reinversión de Dividendos y Compra de Acciones del emisor. El Formulario 4 fue firmado por un apoderado el 08/19/2025.
Andrew M. Seger는 German American Bancorp, Inc.(GABC) 이사로서 그의 수익적 소유권 변동을 보고했습니다. 제출서류에 따르면 Seger 씨는 Wabash Valley Produce, Inc.를 통해 간접적으로 125,826주를 보유하고 있으며 08/15/2025에 주당 $39.7361의 가격으로 503.3207주를 취득한 것으로 나와 있습니다. 서류는 이 매수가 이사 보수의 일부를 발행사의 배당 재투자 및 주식매수 계획을 통해 주식 구매에 사용하기로 한 사전 선택의 결과였다고 설명합니다. Form 4는 08/19/2025에 대리인이 서명했습니다.
Andrew M. Seger, administrateur de German American Bancorp, Inc. (GABC), a déclaré des changements dans sa détention bénéficiaire. Le dépôt indique que M. Seger détient indirectement 125.826 actions via Wabash Valley Produce, Inc. et qu’au 08/15/2025 il a acquis 503.3207 actions au prix de $39.7361 par action. Le dépôt précise que cet achat résulte d’un choix antérieur d’utiliser une partie de la rémunération des administrateurs pour acheter des actions par le biais du Plan de réinvestissement des dividendes et d’achat d’actions de l’émetteur. Le formulaire 4 a été signé par un mandataire le 08/19/2025.
Andrew M. Seger, ein Direktor von German American Bancorp, Inc. (GABC), meldete Änderungen seines wirtschaftlichen Eigentums. Die Einreichung zeigt, dass Herr Seger indirekt 125.826 Aktien über Wabash Valley Produce, Inc. besitzt und am 08/15/2025 503.3207 Aktien zu einem Preis von $39.7361 je Aktie erworben hat. Das Schreiben erklärt, dass der Kauf aus einer früheren Entscheidung resultierte, einen Teil der Vergütung als Direktor zur Aktienkäufen über den Dividend Reinvestment and Stock Purchase Plan des Emittenten zu verwenden. Das Formular 4 wurde am 08/19/2025 von einem Bevollmächtigten unterzeichnet.
- Director purchased shares through the company's Dividend Reinvestment and Stock Purchase Plan, indicating alignment with shareholders
- Clear disclosure of indirect ownership (125,826 shares held by Wabash Valley Produce, Inc.) and a specific acquisition amount and price (503.3207 shares at $39.7361)
- None.
Insights
TL;DR: Routine insider purchase under a director compensation election; transaction is small and non-dilutive.
The Form 4 discloses a director-level acquisition executed through the company's Dividend Reinvestment and Stock Purchase Plan. The reported purchase of 503.3207 shares at $39.7361 is consistent with an automatic reinvestment or directed purchase rather than an opportunistic market buy. Indirect ownership of 125,826 shares via an entity (Wabash Valley Produce, Inc.) is disclosed, and the filing was executed by an attorney-in-fact. This is a routine Section 16 disclosure with no indications of material corporate events or change in control.
TL;DR: Disclosure aligns with governance best practices; transaction automated via compensation election.
The report clearly states the acquisition was effected pursuant to a prior election to use director compensation to purchase stock under the issuer's plan, which is a common and transparent practice for aligning director interests with shareholders. Indirect holding through a named entity is properly disclosed. The filing includes an attorney-in-fact signature, which is acceptable for Section 16 reporting when executed on the reporting person's behalf.
Andrew M. Seger, membro del consiglio di German American Bancorp, Inc. (GABC), ha comunicato variazioni nella sua partecipazione beneficiaria. La dichiarazione indica che il sig. Seger detiene indirettamente 125.826 azioni tramite Wabash Valley Produce, Inc. e che il 08/15/2025 ha acquistato 503.3207 azioni al prezzo di $39.7361 per azione. Il documento spiega che l’acquisto è derivato da una precedente scelta di destinare parte della retribuzione da direttore all’acquisto di azioni tramite il Piano di Reinvestimento dei Dividendi e di Acquisto di Azioni dell’emittente. Il Modulo 4 è stato firmato da un procuratore il 08/19/2025.
Andrew M. Seger, miembro del consejo de German American Bancorp, Inc. (GABC), informó cambios en su propiedad beneficiaria. La presentación muestra que el Sr. Seger posee indirectamente 125.826 acciones a través de Wabash Valley Produce, Inc. y que el 08/15/2025 adquirió 503.3207 acciones a un precio de $39.7361 por acción. El informe explica que la compra fue el resultado de una elección previa de destinar parte de la compensación del director a la compra de acciones mediante el Plan de Reinversión de Dividendos y Compra de Acciones del emisor. El Formulario 4 fue firmado por un apoderado el 08/19/2025.
Andrew M. Seger는 German American Bancorp, Inc.(GABC) 이사로서 그의 수익적 소유권 변동을 보고했습니다. 제출서류에 따르면 Seger 씨는 Wabash Valley Produce, Inc.를 통해 간접적으로 125,826주를 보유하고 있으며 08/15/2025에 주당 $39.7361의 가격으로 503.3207주를 취득한 것으로 나와 있습니다. 서류는 이 매수가 이사 보수의 일부를 발행사의 배당 재투자 및 주식매수 계획을 통해 주식 구매에 사용하기로 한 사전 선택의 결과였다고 설명합니다. Form 4는 08/19/2025에 대리인이 서명했습니다.
Andrew M. Seger, administrateur de German American Bancorp, Inc. (GABC), a déclaré des changements dans sa détention bénéficiaire. Le dépôt indique que M. Seger détient indirectement 125.826 actions via Wabash Valley Produce, Inc. et qu’au 08/15/2025 il a acquis 503.3207 actions au prix de $39.7361 par action. Le dépôt précise que cet achat résulte d’un choix antérieur d’utiliser une partie de la rémunération des administrateurs pour acheter des actions par le biais du Plan de réinvestissement des dividendes et d’achat d’actions de l’émetteur. Le formulaire 4 a été signé par un mandataire le 08/19/2025.
Andrew M. Seger, ein Direktor von German American Bancorp, Inc. (GABC), meldete Änderungen seines wirtschaftlichen Eigentums. Die Einreichung zeigt, dass Herr Seger indirekt 125.826 Aktien über Wabash Valley Produce, Inc. besitzt und am 08/15/2025 503.3207 Aktien zu einem Preis von $39.7361 je Aktie erworben hat. Das Schreiben erklärt, dass der Kauf aus einer früheren Entscheidung resultierte, einen Teil der Vergütung als Direktor zur Aktienkäufen über den Dividend Reinvestment and Stock Purchase Plan des Emittenten zu verwenden. Das Formular 4 wurde am 08/19/2025 von einem Bevollmächtigten unterzeichnet.
FAQ
What did Andrew M. Seger report on Form 4 for GABC?
How was the 08/15/2025 purchase for GABC effected?
Does the Form 4 show direct or indirect ownership changes for GABC insider?
What price was paid for the reported shares in the GABC Form 4?
When was the Form 4 signed for the GABC filing?
