German American Bancorp (NASDAQ: GABC) director adds 418.0777 shares via plan
Rhea-AI Filing Summary
German American Bancorp director Jason M. Kelly reported purchasing 418.0777 shares of common stock on July 16, 2026 at $47.838 per share. The transaction was effected under a prior election to use a portion of his director compensation in the issuer's Dividend Reinvestment and Stock Purchase Plan. After this plan purchase and the inclusion of previously omitted dividend reinvestment shares, he directly owns 15,506.3975 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 418.078 shares ($20,000)
Net Buy
1 txn
Insider
KELLY JASON M
Role
Director
Bought
418.078 shs ($20K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 418.078 | $47.838 | $20K |
Holdings After Transaction:
Common Stock — 15,506.398 shares (Direct)
Footnotes (1)
- 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 (the "Dividend Reinvestment Plan"). Includes additional shares acquired pursuant to the Dividend Reinvestment Plan that were previously omitted from reporting.
Key Figures
Shares purchased: 418.0777 shares
Purchase price: $47.838 per share
Direct holdings after transaction: 15,506.3975 shares
3 metrics
Shares purchased
418.0777 shares
Common stock acquired on July 16, 2026 by director Jason M. Kelly
Purchase price
$47.838 per share
Price per share for the July 16, 2026 common stock purchase
Direct holdings after transaction
15,506.3975 shares
Direct common stock ownership after including previously omitted Dividend Reinvestment Plan shares
Key Terms
Dividend Reinvestment and Stock Purchase Plan, Dividend Reinvestment Plan, director compensation
3 terms
Dividend Reinvestment and Stock Purchase Plan financial
"purchase shares of common stock 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.
Dividend Reinvestment Plan financial
"Includes additional shares acquired pursuant to the Dividend Reinvestment Plan that were previously omitted"
A dividend reinvestment plan lets shareholders automatically use cash dividends to buy more shares of the same company instead of receiving the money. It matters to investors because it turns regular payouts into a steady way to grow ownership and take advantage of compound returns—like having your savings automatically buy additional slices of a pie over time—while often reducing transaction costs and smoothing purchase timing.
director compensation financial
"prior election made by the Reporting Person to use a portion of his director compensation to purchase shares"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Jason M. Kelly report for GABC?
Jason M. Kelly reported buying 418.0777 shares of German American Bancorp common stock on July 16, 2026 at $47.838 per share. The acquisition used a prior election to apply part of his director compensation through the Dividend Reinvestment and Stock Purchase Plan.