German American Bancorp director gets 1,168-share grant
Root M. Darren reported acquisition or exercise transactions in this Form 4 filing.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,168 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. 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.
- F2. Includes additional shares purchased pursuant to the Issuer's Dividend Reinvestment and Stock Purchase Plan.
Key Figures
Key Terms
restricted stock award financial
non-employee director compensation arrangements financial
Dividend Reinvestment and Stock Purchase Plan financial
AI-generated analysis. How Rhea-AI works. Not financial advice.