Was Jason M. Kelly’s GABC share purchase made under a dividend reinvestment plan?

Yes. The filing states the purchase was made through GABC’s Dividend Reinvestment and Stock Purchase Plan . Kelly had previously elected to use a portion of his director compensation to buy common shares under this plan.

German American Bancorp (GABC) director adds stock via dividend plan

Q: What insider transaction did GABC director Jason M. Kelly report?

Jason M. Kelly reported buying 48.9067 GABC common shares on 2026-08-17 at $51.1177 per share . The shares were acquired through the company’s Dividend Reinvestment and Stock Purchase Plan using a portion of his director compensation.

Q: At what price did Jason M. Kelly acquire GABC shares in this Form 4 filing?

He acquired the GABC shares at an average price of $51.1177 per share . The purchase covered 48.9067 common shares and was executed through the company’s Dividend Reinvestment and Stock Purchase Plan tied to his director compensation.

Q: Is the reported GABC insider transaction a buy or a sale?

The reported insider transaction is a purchase of GABC common stock. Jason M. Kelly acquired 48.9067 shares on 2026-08-17, increasing his direct holdings to 15,555.3042 shares after the transaction.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

GERMAN AMERICAN BANCORP, INC. (GABC) director Jason M. Kelly reported a purchase of 48.9067 shares of common stock on 2026-08-17 at $51.1177 per share. The transaction was made through the issuer's Dividend Reinvestment and Stock Purchase Plan using a portion of his director compensation. Following this transaction, he directly holds 15,555.3042 shares.

Insider Trade Summary

Net Buyer: 48.9067 shares

Net Buy 1 txn

Insider KELLY JASON M

Role Director

Bought 48.9067 shs ($2K)

Type	Security	Shares	Price	Value
Purchase	Common Stock ^F1	48.9067	$51.1177	$2K

Holdings After Transaction: Common Stock — 15,555.3042 shares (Direct)

Footnotes (1)

F1. 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: 48.9067 shares Purchase price per share: $51.1177 Shares owned after transaction: 15555.3042 shares

3 metrics

Shares purchased 48.9067 shares Common stock acquired by Jason M. Kelly on 2026-08-17

Purchase price per share $51.1177 Average price for the 48.9067 GABC shares purchased

Shares owned after transaction 15555.3042 shares Direct GABC common stock holdings of Jason M. Kelly after the purchase

Key Terms

Dividend Reinvestment and Stock Purchase Plan, director compensation, Form 4

3 terms

Dividend Reinvestment and Stock Purchase Plan financial

"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.

director compensation financial

"use a portion of his director compensation to purchase shares"

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

What insider transaction did GABC director Jason M. Kelly report?

Jason M. Kelly reported buying 48.9067 GABC common shares on 2026-08-17 at $51.1177 per share. The shares were acquired through the company’s Dividend Reinvestment and Stock Purchase Plan using a portion of his director compensation.

How many GABC shares does Jason M. Kelly own after this Form 4 transaction?

After the reported transaction, Jason M. Kelly directly owns 15,555.3042 shares of GABC common stock. This figure reflects his holdings immediately following the 48.9067-share purchase reported on 2026-08-17.

At what price did Jason M. Kelly acquire GABC shares in this Form 4 filing?

He acquired the GABC shares at an average price of $51.1177 per share. The purchase covered 48.9067 common shares and was executed through the company’s Dividend Reinvestment and Stock Purchase Plan tied to his director compensation.

Is the reported GABC insider transaction a buy or a sale?

The reported insider transaction is a purchase of GABC common stock. Jason M. Kelly acquired 48.9067 shares on 2026-08-17, increasing his direct holdings to 15,555.3042 shares after the transaction.

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

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/18/2026 - 02:58 PM Accepted by SEC EDGAR 08/18/2026 - 02:58 PM

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^*

KELLY JASON M

(Last)

(First)

(Middle)

711 MAIN ST

P O BOX 810

(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)
08/17/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	08/17/2026	08/18/2026	P		48.9067⁽¹⁾	A	$51.1177	15,555.3042	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. 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	08/18/2026
	** 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)

Source: View Original Filing on SEC EDGAR