German American Bancorp director reports share purchase

GERMAN AMERICAN BANCORP, INC. director Andrew M. Seger reported a small purchase of common stock.

Rhea-AI Filing Summary

GERMAN AMERICAN BANCORP, INC. director Andrew M. Seger reported a small purchase of common stock. He acquired 23.9006 shares on an open-market basis at a price of $41.84 per share, using a portion of his director compensation through the company’s Dividend Reinvestment and Stock Purchase Plan.

After this transaction, Seger directly holds 18,368.4921 common shares. He also has an additional 125,826 common shares reported as indirectly owned through Wabash Valley Produce, Inc., where he is a shareholder and Chief Financial Officer.

Insider Trade Summary

Net Buyer: 23.9006 shares

Net Buy 2 txns

Insider Seger Andrew M

Role Director

Bought 23.9006 shs ($1K)

Type	Security	Shares	Price	Value
Purchase	Common	23.9006	$41.84	$1K
holding	Common	--	--	--

Holdings After Transaction: Common — 18,368.4921 shares (Direct); Common — 125,826 shares (Indirect, By Wabash Valley Produce, Inc.)

Footnotes (2)

1. F1. The Reporting Person is a shareholder and the Chief Financial Officer of Wabash Valley Produce, Inc.
2. F2. The reported transaction was effected pursuant to a prior election made by the Reporting Person to use a portion of his director compensation to purchase shares of common stock through participation in the Issuer's Dividend Reinvestment and Stock Purchase Plan.

Key Figures

Shares purchased: 23.9006 shares Purchase price: $41.84 per share Direct holdings after transaction: 18,368.4921 shares +1 more

4 metrics

Shares purchased 23.9006 shares Common stock bought on 2026-05-15

Purchase price $41.84 per share Open-market purchase under stock purchase plan

Direct holdings after transaction 18,368.4921 shares Common stock directly owned by Andrew M. Seger

Indirect holdings 125,826 shares Common stock held through Wabash Valley Produce, Inc.

Key Terms

Dividend Reinvestment and Stock Purchase Plan, open-market purchase, indirect ownership, Form 4

4 terms

Dividend Reinvestment and Stock Purchase Plan financial

"purchase shares of common stock through participation in the Issuer's Dividend Reinvestment and Stock Purchase Plan"

A dividend reinvestment and stock purchase plan lets investors automatically use cash dividends to buy additional shares and often make extra share purchases directly from the company, usually at low or no commission. Think of it as an automatic savings plan for stock: dividends and optional contributions are turned into more shares, helping ownership grow through compounding and making regular investing simple and low-cost—key for long-term investors.

open-market purchase financial

"transaction_action": "open-market purchase""

An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.

indirect ownership financial

"ownership_type": "indirect""

Form 4 regulatory

"INSIDER FILING DATA (Form 4)"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did GABC director Andrew M. Seger report?

Andrew M. Seger reported buying 23.9006 GABC common shares at $41.84 each. The purchase was a small addition to his holdings and was made using director compensation through the Dividend Reinvestment and Stock Purchase Plan.

At what price did Andrew M. Seger purchase GABC shares?

He purchased GABC common shares at $41.84 per share. The transaction covered 23.9006 shares and was executed as an open-market purchase funded via his director compensation under the company’s Dividend Reinvestment and Stock Purchase Plan.

How many GABC shares does Andrew M. Seger own directly after this filing?

Following the reported transaction, Andrew M. Seger directly owns 18,368.4921 GABC common shares. This reflects the addition of 23.9006 shares acquired at $41.84 per share through the company’s Dividend Reinvestment and Stock Purchase Plan.

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

The filing shows 125,826 GABC common shares reported as indirectly owned through Wabash Valley Produce, Inc. Seger is a shareholder and Chief Financial Officer of that company, which accounts for this indirect ownership entry in the Form 4.

Was the GABC share purchase by Andrew M. Seger pre-planned?

Yes. A footnote explains the transaction resulted from a prior election to use part of his director compensation to buy common stock through the Dividend Reinvestment and Stock Purchase Plan, indicating it followed a standing arrangement rather than ad hoc market timing.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/18/2026 - 10:04 AM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED 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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/15/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common								125,826	I	By Wabash Valley Produce, Inc.(1)
Common	05/15/2026	05/18/2026	P		23.9006(2)	A	$41.84	18,368.4921	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount 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. The reported transaction was effected pursuant to a prior election made by the Reporting Person to use a portion of his director compensation to purchase shares of common stock through participation in the Issuer's Dividend Reinvestment and Stock Purchase Plan.

	/s/ Bradley C. Arnett, Attorney-in-Fact	05/18/2026
	** Signature of Reporting Person	Date
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)