German American Bancorp (GABC) director adds stock via compensation plan
Rhea-AI Filing Summary
German American Bancorp director Andrew M. Seger reported buying 418.0777 shares of common stock on July 16, 2026 at $47.838 per share. The purchase was made under a prior election to use a portion of his director compensation in the Dividend Reinvestment and Stock Purchase Plan. After this transaction he directly holds 19,992.2052 shares and indirectly holds 125,826 shares through Wabash Valley Produce, Inc., where he is a shareholder and Chief Financial Officer.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 418.078 shares ($20,000)
Net Buy
2 txns
Insider
Seger Andrew M
Role
Director
Bought
418.078 shs ($20K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common | 418.078 | $47.838 | $20K |
| holding | Common | -- | -- | -- |
Holdings After Transaction:
Common — 19,992.205 shares (Direct);
Common — 125,826 shares (Indirect, By Wabash Valley Produce, Inc.)
Footnotes (1)
- The Reporting Person is a shareholder and the Chief Financial Officer of Wabash Valley Produce, Inc. 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: 418.0777 shares
Purchase price: $47.838 per share
Direct holdings after transaction: 19,992.2052 shares
+1 more
4 metrics
Shares purchased
418.0777 shares
Common stock bought on 2026-07-16 under prior director compensation election
Purchase price
$47.838 per share
Price paid for German American Bancorp common shares on 2026-07-16
Direct holdings after transaction
19,992.2052 shares
Direct common shares held by Andrew M. Seger after the reported purchase
Indirect holdings
125,826 shares
Common shares held indirectly through Wabash Valley Produce, Inc.
Key Terms
Dividend Reinvestment and Stock Purchase Plan, indirect ownership, open market or private transaction
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.
indirect ownership financial
"ownership type marked as indirect: "By Wabash Valley Produce, Inc.""
open market or private transaction financial
"transaction code description notes a "Purchase in open market or private transaction""
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
How was the GABC stock purchase by Andrew M. Seger funded?
The 418.0777-share purchase at $47.838 per share was effected through a prior election by Andrew M. Seger to use a portion of his director compensation to buy stock under German American Bancorp’s Dividend Reinvestment and Stock Purchase Plan.
Is Andrew M. Seger’s indirect ownership in GABC held personally or through an entity?
Seger’s indirect stake of 125,826 shares of German American Bancorp common stock is held through Wabash Valley Produce, Inc.. He is described as a shareholder and Chief Financial Officer of that company, and the holdings are reported as indirect ownership.
Does the Form 4 for GABC indicate any stock sales by Andrew M. Seger?
The reported transactions show no stock sales by Andrew M. Seger. The filing details one net purchase of 418.0777 common shares and lists his direct and indirect holdings, without any disposition or sale transactions on the reported date.