[Form 4] GERMAN AMERICAN BANCORP, INC. Insider Trading Activity
Andrew M. Seger, a director of German American Bancorp, Inc. (GABC), reported an indirect purchase of common stock on 09/15/2025 through his affiliation with Wabash Valley Produce, Inc. The filing shows 125,826 shares beneficially owned indirectly by Wabash Valley Produce, Inc. and discloses that the reported purchase was made under the issuer's Dividend Reinvestment and Stock Purchase Plan using a prior election to convert director compensation into shares. The filing was signed by an attorney-in-fact on 09/17/2025. The report provides transaction dates and an explanation that the shares were acquired pursuant to the Dividend Reinvestment Plan.
Andrew M. Seger, direttore di German American Bancorp, Inc. (GABC), ha comunicato un acquisto indiretto di azioni ordinarie avvenuto il 15/09/2025 tramite la sua affiliazione con Wabash Valley Produce, Inc. Il deposito indica 125.826 azioni detenute indirettamente da Wabash Valley Produce, Inc. e precisa che l’acquisto riportato è stato effettuato nell’ambito del Piano di reinvestimento dei dividendi e di acquisto azionario utilizzando una precedente elezione per convertire una parte della retribuzione da direttore in azioni. Il deposito è stato firmato da un procuratore-in-fatto il 17/09/2025. Il rapporto precisa le date delle operazioni e spiega che le azioni sono state acquisite ai sensi del Piano di reinvestimento dei dividendi.
Andrew M. Seger, director de German American Bancorp, Inc. (GABC), informó la compra indirecta de acciones comunes el 15/09/2025 a través de su afiliación con Wabash Valley Produce, Inc. El registro muestra 125.826 acciones beneficiariamente poseídas indirectamente por Wabash Valley Produce, Inc. y divulga que la compra reportada se realizó bajo el Plan de Reinversión de Dividendos y Compra de Acciones utilizando una elección anterior para convertir la compensación de director en acciones. El registro fue firmado por un apoderado el 17/09/2025. El informe proporciona fechas de las transacciones y una explicación de que las acciones se adquirieron conforme al Plan de Reinversión de Dividendos.
Andrew M. Seger, 독일계 미국 은행(German American Bancorp, Inc. / GABC)의 이사로서 2025년 9월 15일 Wabash Valley Produce, Inc.와의 제휴를 통해 보통주를 간접적으로 매입했다고 보고했습니다. 신고서는 125,826주가 Wabash Valley Produce, Inc.에 의해 간접적으로 유익하게 소유되고 있으며, 보고된 매입이 발행사의 배당 재투자 및 주식 매입 계획에 따라 이루어졌고 이사 보수의 주식으로 전환하기 위한 사전 선호가 사용되었다고 밝혀져 있습니다. 신고서는 2025년 9월 17일에 대리인에 의해 서명되었습니다. 보고서는 거래일과 주식이 배당 재투자 계획에 따라 취득되었다는 설명을 제공합니다.
Andrew M. Seger, directeur de German American Bancorp, Inc. (GABC), a déclaré l’achat indirect d’actions ordinaires le 15/09/2025 par l’intermédiaire de son affiliation avec Wabash Valley Produce, Inc. Le dépôt indique que 125 826 actions sont détenues indirectement par Wabash Valley Produce, Inc. et précise que l’achat déclaré a été effectué dans le cadre du Plan de réinvestissement des dividendes et d’achat d’actions utilisant une élection antérieure pour convertir la rémunération du directeur en actions. Le dépôt a été signé par un mandataire le 17/09/2025. Le rapport fournit les dates des transactions et explique que les actions ont été acquises conformément au Plan de réinvestissement des dividendes.
Andrew M. Seger, Direktor von German American Bancorp, Inc. (GABC), meldete am 15.09.2025 den indirekten Erwerb von Stammaktien durch seine Verbindung zu Wabash Valley Produce, Inc. Die Einreichung zeigt 125.826 Aktien, die indirekt von Wabash Valley Produce, Inc. vorteilhaft besessen sind, und gibt an, dass der gemeldete Kauf im Rahmen des Dividendenreinvestitions- und Aktienkaufplans erfolgte, wobei eine frühere Wahl verwendet wurde, um die Direktorenvergütung in Aktien umzuwandeln. Die Einreichung wurde am 17.09.2025 von einem Bevollmächtigten unterzeichnet. Der Bericht enthält Transaktionsdaten und erklärt, dass die Aktien gemäß dem Dividendenreinvestitionsplan erworben wurden.
أندرو م. سيجر، مدير في German American Bancorp, Inc. (GABC)، أبلغ عن شراء غير مباشر للأسهم العادية في 15/09/2025 من خلال علاقته بـ Wabash Valley Produce, Inc. يبين التسجيل 125,826 سهماً مملوكة بشكل غير مباشر لـ Wabash Valley Produce, Inc. ويكشف أن الشراء المبلغ عنه تم بموجبة خطة إعادة استثمار الأرباح وشراء الأسهم باستخدام خيار سابق لتحويل تعويض المدير إلى أسهم. تم توقيع التسجيل من قبل وكيل-بالفعل في 17/09/2025. يقدم التقرير تواريخ المعاملات وشرحاً بأن الأسهم تم اكتسابها وفقاً لخطة إعادة استثمار الأرباح.
Andrew M. Seger，是德美银行集团公司（GABC）的董事，他在 2025/09/15 通过与 Wabash Valley Produce, Inc. 的关联间接购买普通股。备案显示由 Wabash Valley Produce, Inc. 间接拥有的 125,826 股，并披露所述购买是在发行人的 股息再投资与股票购买计划 下进行的，使用了事先的选举将董事报酬转换为股票。该备案于 2025/09/17 由一名代理人签署。报告提供交易日期，并解释为根据股息再投资计划取得股票。
- Insider equity accumulation via the Dividend Reinvestment and Stock Purchase Plan, indicating compensation was converted into company stock
- Clear disclosure of indirect ownership through Wabash Valley Produce, Inc., fulfilling Section 16 reporting elements
- Transaction explicitly explained as effected pursuant to a prior election to participate in the issuer's DRIP
- None.
Insights
TL;DR: Routine director purchase via DRIP shows alignment with shareholder interests; non-material disclosure in an insider Form 4.
This Form 4 documents a standard, non-open-market acquisition: the reporting person elected to use director compensation to buy shares under the company's Dividend Reinvestment and Stock Purchase Plan. The transaction is reported as indirect ownership through Wabash Valley Produce, Inc., and results in 125,826 shares being beneficially owned indirectly. From a governance perspective, such elections are common and indicate the director receives compensation in equity rather than cash, aligning incentives with long-term shareholders. The filing contains no indications of open-market purchases, sales, or other material changes to control.
TL;DR: Filing appears complete for a routine DRIP-related acquisition; disclosure meets Section 16 reporting requirements.
The Form 4 records the transaction date (09/15/2025) and includes an explanatory note that the acquisition was effected pursuant to a prior election to reinvest director compensation into shares under the Dividend Reinvestment and Stock Purchase Plan. The report is signed by an attorney-in-fact on 09/17/2025. There are no derivative transactions or additional compensatory arrangements disclosed beyond the DRIP participation. For compliance, the form provides the necessary identification of reporting person, issuer, relationship to issuer, and transaction explanation.
Andrew M. Seger, direttore di German American Bancorp, Inc. (GABC), ha comunicato un acquisto indiretto di azioni ordinarie avvenuto il 15/09/2025 tramite la sua affiliazione con Wabash Valley Produce, Inc. Il deposito indica 125.826 azioni detenute indirettamente da Wabash Valley Produce, Inc. e precisa che l’acquisto riportato è stato effettuato nell’ambito del Piano di reinvestimento dei dividendi e di acquisto azionario utilizzando una precedente elezione per convertire una parte della retribuzione da direttore in azioni. Il deposito è stato firmato da un procuratore-in-fatto il 17/09/2025. Il rapporto precisa le date delle operazioni e spiega che le azioni sono state acquisite ai sensi del Piano di reinvestimento dei dividendi.
Andrew M. Seger, director de German American Bancorp, Inc. (GABC), informó la compra indirecta de acciones comunes el 15/09/2025 a través de su afiliación con Wabash Valley Produce, Inc. El registro muestra 125.826 acciones beneficiariamente poseídas indirectamente por Wabash Valley Produce, Inc. y divulga que la compra reportada se realizó bajo el Plan de Reinversión de Dividendos y Compra de Acciones utilizando una elección anterior para convertir la compensación de director en acciones. El registro fue firmado por un apoderado el 17/09/2025. El informe proporciona fechas de las transacciones y una explicación de que las acciones se adquirieron conforme al Plan de Reinversión de Dividendos.
Andrew M. Seger, 독일계 미국 은행(German American Bancorp, Inc. / GABC)의 이사로서 2025년 9월 15일 Wabash Valley Produce, Inc.와의 제휴를 통해 보통주를 간접적으로 매입했다고 보고했습니다. 신고서는 125,826주가 Wabash Valley Produce, Inc.에 의해 간접적으로 유익하게 소유되고 있으며, 보고된 매입이 발행사의 배당 재투자 및 주식 매입 계획에 따라 이루어졌고 이사 보수의 주식으로 전환하기 위한 사전 선호가 사용되었다고 밝혀져 있습니다. 신고서는 2025년 9월 17일에 대리인에 의해 서명되었습니다. 보고서는 거래일과 주식이 배당 재투자 계획에 따라 취득되었다는 설명을 제공합니다.
Andrew M. Seger, directeur de German American Bancorp, Inc. (GABC), a déclaré l’achat indirect d’actions ordinaires le 15/09/2025 par l’intermédiaire de son affiliation avec Wabash Valley Produce, Inc. Le dépôt indique que 125 826 actions sont détenues indirectement par Wabash Valley Produce, Inc. et précise que l’achat déclaré a été effectué dans le cadre du Plan de réinvestissement des dividendes et d’achat d’actions utilisant une élection antérieure pour convertir la rémunération du directeur en actions. Le dépôt a été signé par un mandataire le 17/09/2025. Le rapport fournit les dates des transactions et explique que les actions ont été acquises conformément au Plan de réinvestissement des dividendes.
Andrew M. Seger, Direktor von German American Bancorp, Inc. (GABC), meldete am 15.09.2025 den indirekten Erwerb von Stammaktien durch seine Verbindung zu Wabash Valley Produce, Inc. Die Einreichung zeigt 125.826 Aktien, die indirekt von Wabash Valley Produce, Inc. vorteilhaft besessen sind, und gibt an, dass der gemeldete Kauf im Rahmen des Dividendenreinvestitions- und Aktienkaufplans erfolgte, wobei eine frühere Wahl verwendet wurde, um die Direktorenvergütung in Aktien umzuwandeln. Die Einreichung wurde am 17.09.2025 von einem Bevollmächtigten unterzeichnet. Der Bericht enthält Transaktionsdaten und erklärt, dass die Aktien gemäß dem Dividendenreinvestitionsplan erworben wurden.
FAQ
What did GABC director Andrew M. Seger report on Form 4?
How were the GABC shares acquired by the reporting person?
Does the filing show any open-market purchases or sales for GABC?
Who signed the Form 4 for Andrew M. Seger and when?
Is the reported ownership direct or indirect?
