German American Bancorp (GABC) EVP receives 4,307-share restricted stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GERMAN AMERICAN BANCORP, INC. executive Amy D. Jackson, EVP and Chief Administrative Officer, acquired 4,307 shares of common stock through a restricted stock award. The grant was made at no cash cost to her and increased her directly owned holdings to 19,453 shares.
The restricted stock was granted under the 2025 Management Incentive Plan and is scheduled to vest in three approximately equal installments on March 15 of 2027, 2028, and 2029, tying the award to multi-year service and performance. Her holdings also include shares accumulated through the company’s Dividend Reinvestment and Stock Purchase Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Jackson Amy D
Role
EVP, CHIEF ADMINISTRATIVE OFFI
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,307 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 19,453 shares (Direct)
Footnotes (1)
- Restricted stock granted pursuant to 2025 Management Incentive Plan, subject to vesting in three approximately equal installments on March 15 in each of 2027, 2028, and 2029. No consideration paid. Includes shares purchased pursuant to the Issuer's Dividend Reinvestment and Stock Purchase Plan.
FAQ
What did GERMAN AMERICAN BANCORP (GABC) report in this Form 4?
GERMAN AMERICAN BANCORP reported a restricted stock award to executive Amy D. Jackson. She received 4,307 common shares, raising her direct holdings to 19,453 shares. The award was granted under the 2025 Management Incentive Plan with no cash consideration paid by her.
What are the vesting terms of Amy D. Jackson’s restricted GABC stock?
The restricted stock vests in three approximately equal installments on March 15 of 2027, 2028, and 2029. This schedule ties the 4,307-share award under the 2025 Management Incentive Plan to multi-year service, spreading ownership benefits over several future years for the executive.
Under which plan was the GABC restricted stock granted to Amy D. Jackson?
The restricted stock was granted under GERMAN AMERICAN BANCORP’s 2025 Management Incentive Plan. This plan provides equity-based awards to management, and in this case delivered 4,307 restricted shares to Amy D. Jackson with multi-year vesting and no cash consideration from the executive.