German American (GABC) EVP uses 1,627 shares to cover tax on RSU vesting

Rhea-AI Filing Summary

GERMAN AMERICAN BANCORP, INC. executive Amy D. Jackson reported routine tax-withholding transactions in company common stock. On the reported date, she surrendered 530, 623, and 474 shares at $40.07 per share, totaling 1,627 shares, to cover tax obligations.

According to the footnotes, these shares were surrendered upon the vesting of restricted stock awards granted on March 15 of 2023, 2024, and 2025. After these dispositions, Jackson directly holds 17,826 shares of German American Bancorp common stock.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Jackson Amy D

Role EVP, CHIEF ADMINISTRATIVE OFFI

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	530	$40.07	$21K
Tax Withholding	Common Stock	623	$40.07	$25K
Tax Withholding	Common Stock	474	$40.07	$19K

Holdings After Transaction: Common Stock — 18,923 shares (Direct)

Footnotes (1)

1. Reflects shares surrendered by the Reporting Person to satisfy tax withholding obligations upon the vesting of 1,266 shares of restricted stock granted under a March 15, 2023 award. Reflects shares surrendered by the Reporting Person to satisfy tax withholding obligations upon the vesting of 1,488 shares of restricted stock granted under a March 15, 2024 award. Reflects shares surrendered by the Reporting Person to satisfy tax withholding obligations upon the vesting of 1,132 shares of restricted stock granted under a March 15, 2025 award.

Form 4 Insider Transactions: What Each Field Means →

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
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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^*

Jackson Amy D

(Last) (First) (Middle)

711 MAIN ST

P O 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 ADMINISTRATIVE OFFI

3. Date of Earliest Transaction (Month/Day/Year)
03/16/2026

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 Stock	03/16/2026		F		530(1)	D	$40.07	18,923	D
Common Stock	03/16/2026		F		623(2)	D	$40.07	18,300	D
Common Stock	03/16/2026		F		474(3)	D	$40.07	17,826	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. Reflects shares surrendered by the Reporting Person to satisfy tax withholding obligations upon the vesting of 1,266 shares of restricted stock granted under a March 15, 2023 award.

2. Reflects shares surrendered by the Reporting Person to satisfy tax withholding obligations upon the vesting of 1,488 shares of restricted stock granted under a March 15, 2024 award.

3. Reflects shares surrendered by the Reporting Person to satisfy tax withholding obligations upon the vesting of 1,132 shares of restricted stock granted under a March 15, 2025 award.

	/s/ Bradley C. Arnett, Attorney-in-Fact	03/17/2026
	** 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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FAQ

What insider transaction did Amy D. Jackson report for GABC?

Amy D. Jackson reported tax-withholding dispositions of German American Bancorp common stock. She surrendered 530, 623, and 474 shares at $40.07 per share to satisfy tax obligations tied to vesting restricted stock awards, rather than executing open-market sales.

How many GABC shares did Amy D. Jackson surrender for taxes?

She surrendered a total of 1,627 German American Bancorp common shares. The Form 4 shows three separate tax-withholding transactions of 530, 623, and 474 shares, all at $40.07 per share, to cover tax liabilities on recently vested restricted stock awards.

Why were Amy D. Jackson’s GABC shares disposed of in this Form 4?

The shares were disposed of to satisfy tax withholding obligations on restricted stock vesting. Footnotes explain that awards granted on March 15 of 2023, 2024, and 2025 vested, and shares were surrendered instead of paying cash taxes.

Does Amy D. Jackson still hold GABC shares after the tax-withholding transactions?

Yes. After the reported tax-withholding dispositions, Amy D. Jackson directly holds 17,826 shares of German American Bancorp common stock. This figure reflects her remaining direct ownership position following all three tax-related share surrenders.

Were Amy D. Jackson’s GABC transactions open-market sales?

No. The transactions are coded “F” for tax-withholding dispositions, not open-market sales. Shares were surrendered back to satisfy tax liabilities associated with vesting restricted stock awards rather than being sold to third-party buyers in the market.

Which restricted stock awards triggered Amy D. Jackson’s GABC tax withholding?

The tax withholding relates to three restricted stock grants. Footnotes state the vesting of 1,266 shares from a March 15, 2023 award, 1,488 shares from a March 15, 2024 award, and 1,132 shares from a March 15, 2025 award.