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  4. [Form 4] GERMAN AMERICAN BANCORP, INC. Insider Trading Activity

Director Seger gets 1,168-share award at German American (GABC)

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Seger Andrew M reported acquisition or exercise transactions in this Form 4 filing.

GERMAN AMERICAN BANCORP, INC. director Andrew M. Seger reported an equity grant and his current holdings. He received a restricted stock award of 1,168 shares of common stock as an annual director equity grant, with the shares vesting on July 1, 2027.

Following this award, Seger directly holds 19,574.1275 common shares. He also has an indirect interest in 125,826 common shares held by Wabash Valley Produce, Inc., where he is a shareholder and Chief Financial Officer.

Positive

  • None.

Negative

  • None.
Insider Seger Andrew M
Role null
Type Security Shares Price Value
Grant/Award Common 1,168 $0.00 --
holding Common -- -- --
Holdings After Transaction: Common — 19,574.128 shares (Direct, null); Common — 125,826 shares (Indirect, By Wabash Valley Produce, Inc.)
Footnotes (1)
  1. The Reporting Person is a shareholder and the Chief Financial Officer of Wabash Valley Produce, Inc. This restricted stock award was issued to the Reporting Person as an annual director equity grant pursuant to the Issuer's non-employee director compensation arrangements. The restricted stock will vest on July 1, 2027.
Restricted stock award 1,168 shares Annual director equity grant of common stock
Award vesting date July 1, 2027 Vesting date for the restricted stock award
Direct holdings after award 19,574.1275 shares Common shares directly owned by Seger after transaction
Indirect holdings via Wabash Valley Produce, Inc. 125,826 shares Common shares held indirectly
Grant price per share $0.0000 per share Reported price for the restricted stock award
restricted stock award financial
"This restricted stock award was issued to the Reporting Person as an annual director equity grant"
A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.
annual director equity grant financial
"This restricted stock award was issued to the Reporting Person as an annual director equity grant"
non-employee director compensation arrangements financial
"pursuant to the Issuer's non-employee director compensation arrangements"
indirect financial
"total_shares_following_transaction ... ownership_type": "indirect""
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
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Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Seger Andrew M
(Last)(First)(Middle)
711 MAIN ST
(Street)
JASPER INDIANA 47546
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
GERMAN AMERICAN BANCORP, INC. [ GABC ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/29/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common125,826IBy Wabash Valley Produce, Inc.(1)
Common06/29/2026A1,168(2)A$019,574.1275D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The Reporting Person is a shareholder and the Chief Financial Officer of Wabash Valley Produce, Inc.
2. This restricted stock award was issued to the Reporting Person as an annual director equity grant pursuant to the Issuer's non-employee director compensation arrangements. The restricted stock will vest on July 1, 2027.
/s/ Bradley C. Arnett, Attorney-in-Fact07/01/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did GABC director Andrew M. Seger report on this Form 4?

Andrew M. Seger reported receiving a restricted stock award of 1,168 shares of German American Bancorp common stock. The award was issued as an annual director equity grant under the company’s non-employee director compensation arrangements, rather than an open-market purchase.

When do Andrew M. Seger’s newly granted GABC restricted shares vest?

The 1,168 restricted shares granted to Andrew M. Seger will vest on July 1, 2027. Until vesting, the shares remain subject to the award’s restrictions defined by German American Bancorp’s non-employee director compensation arrangements and plan terms.

How many GABC shares does Andrew M. Seger directly own after this Form 4 transaction?

After the restricted stock award, Andrew M. Seger directly owns 19,574.1275 shares of German American Bancorp common stock. This total includes the newly granted 1,168 restricted shares reported in the Form 4 filing for the director.

What indirect GABC holdings are associated with Andrew M. Seger?

The Form 4 shows 125,826 German American Bancorp common shares held indirectly through Wabash Valley Produce, Inc. A footnote states Seger is a shareholder and Chief Financial Officer of Wabash Valley Produce, linking him to this indirect ownership position.

Was Andrew M. Seger’s GABC equity change a market trade or a grant?

The equity change was a grant, not a market trade. The Form 4 identifies the transaction as a restricted stock award of 1,168 shares issued at a price of $0.0000 per share as part of non-employee director compensation arrangements.