German American Bancorp grants 1,168 director shares

Ryan Christina M reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Ryan Christina M reported acquisition or exercise transactions in this Form 4 filing.

German American Bancorp director Christina M. Ryan received a grant of 1,168 shares of common stock on June 29, 2026. The award was issued as an annual director equity grant under the company’s non-employee director compensation arrangements and carried no purchase price.

The restricted stock will vest on July 1, 2027, meaning Ryan must remain eligible through that date to receive the shares free of restrictions. After this grant, she directly holds a total of 18,687.7109 shares of German American Bancorp common stock.

Insider Trade Summary

Grant/Award: 1,168 shares

Grant/Award 1 txn

Insider Ryan Christina M

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	1,168	$0.00	$0.00

Holdings After Transaction: Common Stock — 18,687.7109 shares (Direct)

Footnotes (1)

1. 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.

Key Figures

Restricted stock grant: 1,168 shares Grant price: $0.00 per share Total direct holdings after grant: 18,687.7109 shares +1 more

4 metrics

Restricted stock grant 1,168 shares Annual non-employee director equity grant on June 29, 2026

Grant price $0.00 per share Restricted stock issued as compensation, not purchased

Total direct holdings after grant 18,687.7109 shares Christina M. Ryan’s direct ownership following the award

Vesting date July 1, 2027 Date the restricted stock award is scheduled to vest

Key Terms

restricted stock award, annual director equity grant, non-employee director compensation arrangements, vest

4 terms

restricted stock award financial

"This restricted stock award was issued to the Reporting Person as an annual director equity grant"

A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.

annual director equity grant financial

"issued to the Reporting Person as an annual director equity grant pursuant to the Issuer's non-employee director compensation arrangements"

non-employee director compensation arrangements financial

"pursuant to the Issuer's non-employee director compensation arrangements"

vest financial

"The restricted stock will vest on July 1, 2027."

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did German American Bancorp (GABC) report for Christina M. Ryan?

German American Bancorp reported that director Christina M. Ryan received a grant of 1,168 shares of common stock. This was an annual equity award under non-employee director compensation arrangements and not an open-market purchase or sale.

Was the German American Bancorp (GABC) share grant to Christina M. Ryan a purchase or a free award?

The 1,168-share grant to Christina M. Ryan was a free restricted stock award at a price of $0.00 per share. It represents compensation for board service rather than a cash-funded purchase in the market.

When do Christina M. Ryan’s German American Bancorp (GABC) restricted shares vest?

The restricted stock granted to Christina M. Ryan will vest on July 1, 2027. Vesting means the restrictions lapse at that time, assuming she continues to meet applicable conditions under the non-employee director compensation program.

How many German American Bancorp (GABC) shares does Christina M. Ryan hold after the grant?

Following the 1,168-share restricted stock grant, Christina M. Ryan directly holds 18,687.7109 shares of German American Bancorp common stock. This total reflects her updated direct ownership position as reported in the Form 4 filing.

What is the purpose of the German American Bancorp (GABC) restricted stock award to Christina M. Ryan?

The restricted stock award to Christina M. Ryan was issued as an annual director equity grant under German American Bancorp’s non-employee director compensation arrangements. It is part of her compensation for board service, aligning her interests with shareholders over time.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 07/01/2026 - 01:49 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Ryan Christina M

(Last) (First) (Middle)

711 MAIN STREET

P O BOX 810

(Street)

JASPER INDIANA 47546

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
GERMAN AMERICAN BANCORP, INC. [ GABC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/29/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/29/2026		A		1,168(1)	A	$0	18,687.7109	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. 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.

	/s/ Bradley C. Arnett, Attorney-in-Fact	07/01/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)