German American Bancorp director buys 150 shares

A German American Bancorp director increased his holdings via the dividend reinvestment and stock purchase plan, adding about 150 shares at roughly $49.89 each.

Rhea-AI Filing Summary

GERMAN AMERICAN BANCORP, INC. (GABC) reported that director Andrew M. Seger bought common stock on September 15, 2026. He acquired 150.3211 shares at $49.8932 per share through a prior election to use a portion of his director compensation in the company’s Dividend Reinvestment and Stock Purchase Plan. After this purchase he directly holds 20,558.3345 shares, and separately has indirect ownership of 125,826 shares held by Wabash Valley Produce, Inc., where he is a shareholder and chief financial officer. No Rule 10b5-1 trading plan is reported.

Insider Trade Summary

Net Buyer: 150.3211 shares

Net Buy 2 txns

Insider Seger Andrew M

Role Director

Bought 150.3211 shs ($8K)

Type	Security	Shares	Price	Value
holding	Common F1	--	--	--
Purchase	Common F2, F3	150.3211	$49.8932	$8K

Holdings After Transaction: Common — 20,558.3345 shares (Direct); Common — 125,826 shares (Indirect, By Wabash Valley Produce, Inc.)

Footnotes (3)

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 (the "Dividend Reinvestment Plan").
3. F3. Includes shares acquired pursuant to the Dividend Reinvestment Plan.

Key Figures

Shares purchased: 150.3211 shares Purchase price per share: $49.8932 per share Direct holdings after transaction: 20,558.3345 shares +1 more

4 metrics

Shares purchased 150.3211 shares Common stock acquired by Andrew M. Seger on September 15, 2026

Purchase price per share $49.8932 per share Price paid for GABC common stock on September 15, 2026

Direct holdings after transaction 20,558.3345 shares Direct ownership of GABC common stock by Andrew M. Seger after the September 15, 2026 purchase

Indirectly held shares 125,826 shares Indirect ownership of GABC common stock held by Wabash Valley Produce, Inc.

Key Terms

Dividend Reinvestment and Stock Purchase Plan, Dividend Reinvestment Plan

2 terms

Dividend Reinvestment and Stock Purchase Plan financial

"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"

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.

Dividend Reinvestment Plan financial

"Includes shares acquired pursuant to the Dividend Reinvestment Plan."

A dividend reinvestment plan lets shareholders automatically use cash dividends to buy more shares of the same company instead of receiving the money. It matters to investors because it turns regular payouts into a steady way to grow ownership and take advantage of compound returns—like having your savings automatically buy additional slices of a pie over time—while often reducing transaction costs and smoothing purchase timing.

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 a purchase of 150.3211 shares of German American Bancorp common stock on September 15, 2026, using a portion of his director compensation through participation in the company’s Dividend Reinvestment and Stock Purchase Plan.

At what price did Andrew M. Seger buy GABC shares on September 15, 2026?

Andrew M. Seger bought 150.3211 GABC shares at a price of $49.8932 per share on September 15, 2026, as part of his participation in German American Bancorp’s Dividend Reinvestment and Stock Purchase Plan.

How many GABC shares does Andrew M. Seger own directly after the reported transaction?

After the reported transaction, Andrew M. Seger directly owns 20,558.3345 shares of German American Bancorp common stock. This direct holding includes shares acquired through the company’s Dividend Reinvestment and Stock Purchase Plan.

Does Andrew M. Seger have indirect ownership of GABC shares?

Yes. Andrew M. Seger has indirect ownership of 125,826 shares of German American Bancorp common stock held by Wabash Valley Produce, Inc., where he is a shareholder and the chief financial officer, as disclosed in the filing footnote.

Was Andrew M. Seger’s GABC stock purchase made under a Rule 10b5-1 trading plan?

No. The filing states that no Rule 10b5-1 trading plan is reported. The transaction instead stems from a prior election by Andrew M. Seger to use a portion of his director compensation to purchase shares through the Dividend Reinvestment and Stock Purchase Plan.

How were the newly acquired GABC shares funded for Andrew M. Seger?

The newly acquired shares were funded through director compensation. The filing states that Andrew M. Seger had previously elected to use a portion of his director compensation to purchase common stock via the Dividend Reinvestment and Stock Purchase Plan.

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

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Available on EDGAR 09/16/2026 - 04:26 PM Accepted by SEC EDGAR 09/16/2026 - 04:25 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^*

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)
09/16/2026

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	09/15/2026	09/16/2026	P		150.3211(2)	A	$49.8932	20,558.3345(3)	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 (the "Dividend Reinvestment Plan").

3. Includes shares acquired pursuant to the Dividend Reinvestment Plan.

	/s/ Bradley C. Arnett, Attorney-in-Fact	09/16/2026
	** 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)