German American EVP gets 4,647 share award

GERMAN AMERICAN BANCORP, INC. executive Michael F. Beckwith, EVP and Chief Banking Officer, reported acquiring 4,647 shares of common stock as a restricted stock grant under the 2025 Management Incentive Plan.

Rhea-AI Filing Summary

GERMAN AMERICAN BANCORP, INC. executive Michael F. Beckwith, EVP and Chief Banking Officer, reported acquiring 4,647 shares of common stock as a restricted stock grant under the 2025 Management Incentive Plan. The award was granted for no cash consideration and will vest in three approximately equal installments on March 15 of 2027, 2028, and 2029.

After this grant, Beckwith directly owned 23,729 common shares. He also had indirect holdings of 13,696 common shares held by a revocable trust and 2,010 common shares held in an IRA as of the reported date.

Insider Trade Summary

Grant/Award: 4,647 shares

Grant/Award 3 txns

Insider Beckwith Michael F

Role EVP - CHIEF BANKING OFFICER

Type	Security	Shares	Price	Value
Grant/Award	Common	4,647	$0.00	$0.00
holding	Common	--	--	--
holding	Common	--	--	--

Holdings After Transaction: Common — 23,729 shares (Direct); Common — 13,696 shares (Indirect, Held by Revocable Trust); Common — 2,010 shares (Indirect, Held in IRA)

Footnotes (1)

1. F1. Restricted stock granted pursuant to 2025 Management Incentive Plan, subject to vesting in three approximately equal installments on March 15 in each of 2027, 2028, and 2029. No consideration paid.

FAQ

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What insider transaction did GERMAN AMERICAN BANCORP (GABC) report for Michael F. Beckwith?

Michael F. Beckwith reported an acquisition of 4,647 shares of GABC common stock as a restricted stock grant. The shares were awarded under the 2025 Management Incentive Plan and involved no cash payment by him, reflecting equity-based executive compensation rather than an open-market purchase.

How many GABC shares does Michael F. Beckwith directly own after this Form 4 filing?

Following the reported restricted stock grant, Michael F. Beckwith directly owns 23,729 shares of GABC common stock. This direct ownership figure includes the newly awarded 4,647 restricted shares, which are subject to vesting over time under the company’s 2025 Management Incentive Plan.

What are the vesting terms of Michael F. Beckwith’s 4,647-share restricted stock grant from GABC?

The 4,647 restricted shares granted to Michael F. Beckwith vest in three approximately equal installments on March 15 of 2027, 2028, and 2029. These shares were granted pursuant to GABC’s 2025 Management Incentive Plan with no consideration paid at the time of the award.

Did Michael F. Beckwith pay cash for the 4,647 GABC restricted shares he received?

No, Michael F. Beckwith did not pay cash for the 4,647 restricted shares. The footnote states the stock was granted under the 2025 Management Incentive Plan with no consideration paid, indicating the award was purely equity compensation rather than a purchase transaction.

What indirect holdings of GABC stock does Michael F. Beckwith report in this Form 4?

In addition to his direct holdings, Michael F. Beckwith reports 13,696 GABC common shares held indirectly by a revocable trust and 2,010 GABC common shares held in an IRA. These positions are categorized as indirect ownership interests in the company’s common stock.

What executive role does Michael F. Beckwith hold at GERMAN AMERICAN BANCORP (GABC)?

Michael F. Beckwith serves as Executive Vice President and Chief Banking Officer at GERMAN AMERICAN BANCORP, INC. His position is disclosed in the insider filing, which records his receipt of a 4,647-share restricted stock grant as part of the 2025 Management Incentive Plan.

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Accepted by SEC EDGAR 03/06/2026 - 02:57 PM 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^*

Beckwith Michael F

(Last) (First) (Middle)

711 MAIN ST

PO BOX 810

(Street)

JASPER IN 47546

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
GERMAN AMERICAN BANCORP, INC. [ GABC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP - CHIEF BANKING OFFICER

3. Date of Earliest Transaction (Month/Day/Year)
03/04/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

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

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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								13,696	I	Held by Revocable Trust
Common								2,010	I	Held in IRA
Common	03/04/2026		A		4,647(1)	A	$0	23,729	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. Restricted stock granted pursuant to 2025 Management Incentive Plan, subject to vesting in three approximately equal installments on March 15 in each of 2027, 2028, and 2029. No consideration paid.

	/s/ Bradley C. Arnett, Attorney-in-Fact	03/06/2026
	** 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.
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