German American (NASDAQ: GABC) director boosts stake with stock buy
Rhea-AI Filing Summary
GERMAN AMERICAN BANCORP, INC. (GABC) reported an insider share purchase by director Andrew M. Seger. On 2026-08-17, he acquired 391.2539 shares of common stock at $51.1177 per share. The purchase was made under a prior election to use a portion of his director compensation to buy shares through the company’s Dividend Reinvestment and Stock Purchase Plan. Following this transaction, he directly holds 20,383.4591 shares and indirectly holds 125,826 shares through Wabash Valley Produce, Inc., where he is a shareholder and Chief Financial Officer.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 391.2539 shares
Net Buy
2 txns
Insider
Seger Andrew M
Role
Director
Bought
391.2539 shs ($20K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common F2 | 391.2539 | $51.1177 | $20K |
| holding | Common F1 | -- | -- | -- |
Holdings After Transaction:
Common — 20,383.4591 shares (Direct);
Common — 125,826 shares (Indirect, By Wabash Valley Produce, Inc.)
Footnotes (2)
- F1. The Reporting Person is a shareholder and the Chief Financial Officer of Wabash Valley Produce, Inc.
- 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: 391.2539 shares
Purchase price per share: $51.1177
Direct holdings after transaction: 20383.4591 shares
+2 more
5 metrics
Shares purchased
391.2539 shares
Common stock acquired on 2026-08-17
Purchase price per share
$51.1177
Price paid for GABC common stock on 2026-08-17
Direct holdings after transaction
20383.4591 shares
Direct GABC common shares held by Andrew M. Seger after the reported purchase
Indirect holdings after transaction
125826.0000 shares
Indirect GABC common shares held through Wabash Valley Produce, Inc.
Net buy shares
391.2539 shares
Net share change reported in the transaction summary
Key Terms
Dividend Reinvestment and Stock Purchase Plan, indirect, director compensation
3 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.
indirect financial
"total_shares_following_transaction of 125826.0000 marked as indirect ownership"
director compensation financial
"use a portion of his director compensation to purchase shares of common stock"
FAQ
What insider transaction did GABC director Andrew M. Seger report?
Andrew M. Seger reported a purchase of 391.2539 GABC common shares on 2026-08-17 at $51.1177 per share, increasing his overall direct and indirect holdings in German American Bancorp, Inc.
AI-generated analysis. How Rhea-AI works. Not financial advice.
