Director at German American Bancorp (GABC) granted 1,168 restricted shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Root M. Darren reported acquisition or exercise transactions in this Form 4 filing.
German American Bancorp director M. Darren Root received a grant of 1,168 shares of Common Stock as restricted stock. The award was issued as an annual director equity grant under the company’s non-employee director compensation arrangements and will vest on July 1, 2027.
Following this grant, Root holds 18,895.1765 shares directly and 2,250 shares indirectly in a retirement account. The grant was recorded at a price of $0.00 per share, reflecting compensation rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Root M. Darren
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,168 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 18,895.177 shares (Direct, null);
Common Stock — 2,250 shares (Indirect, Held in Retirement Account)
Footnotes (1)
- This restricted stock award was issued to the Reporting Person as an annual director equity grant pursuant to the Issuer's non-employee director compensation arrangements. The restricted stock will vest on July 1, 2027. Includes additional shares purchased pursuant to the Issuer's Dividend Reinvestment and Stock Purchase Plan.
Key Figures
Restricted stock grant: 1,168 shares
Grant price: $0.00 per share
Direct holdings after grant: 18,895.1765 shares
+2 more
5 metrics
Restricted stock grant
1,168 shares
Annual non-employee director equity grant
Grant price
$0.00 per share
Compensation-related restricted stock award
Direct holdings after grant
18,895.1765 shares
Common Stock held directly by M. Darren Root
Indirect retirement holdings
2,250 shares
Common Stock held in retirement account
Vesting date
July 1, 2027
Restricted stock vesting schedule
Key Terms
restricted stock award, non-employee director compensation arrangements, Dividend Reinvestment and Stock Purchase Plan
3 terms
restricted stock award financial
"This restricted stock award was issued to the Reporting Person as an annual director equity grant"
A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.
non-employee director compensation arrangements financial
"pursuant to the Issuer's non-employee director compensation arrangements"
Dividend Reinvestment and Stock Purchase Plan financial
"Includes additional shares purchased pursuant to 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.