German American Bancorp (GABC) director receives 1,168-share equity grant and shifts holdings

Rhea-AI Filing Summary

Wagler Tyson J reported acquisition or exercise transactions in this Form 4 filing.

GERMAN AMERICAN BANCORP, INC. director Tyson J. Wagler reported a compensation-related stock grant and an ownership reclassification. He received a restricted stock award of 1,168 shares of common stock as an annual director equity grant, which will vest on July 1, 2027.

Following this grant, Wagler holds 2,466 common shares directly and 11,761 common shares indirectly, the latter held jointly with his spouse. Footnotes state that 1,204 shares were transferred from direct to indirect ownership, reflecting a shift in how the shares are held rather than a market transaction.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Wagler Tyson J

Role Director

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

Holdings After Transaction: Common Stock — 2,466 shares (Direct); Common — 11,761 shares (Indirect, Joint with Spouse)

Footnotes (1)

1. Reflects an increase of 1,204 shares transferred from direct to indirect holding. 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. Reflect a reduction of 1,204 shares from direct to indirect holding.

Key Figures

Restricted stock award: 1,168 shares Direct holdings after grant: 2,466 shares Indirect holdings after transfer: 11,761 shares +3 more

6 metrics

Restricted stock award 1,168 shares Annual director equity grant; vesting July 1, 2027

Direct holdings after grant 2,466 shares Common stock held directly by Tyson J. Wagler

Indirect holdings after transfer 11,761 shares Common stock held jointly with spouse

Shares reclassified 1,204 shares Transferred from direct to indirect ownership

Transaction code A Grant, award, or other acquisition of common stock

Grant price $0.0000 per share Compensation-related restricted stock award

Key Terms

restricted stock award, annual director equity grant, non-employee director compensation arrangements, indirect holding, +1 more

5 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

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

indirect holding financial

"Reflects an increase of 1,204 shares transferred from direct to indirect holding"

Joint with Spouse financial

"indirect ownership nature is described as Joint with Spouse"

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/01/2026 - 01:27 PM Accepted by SEC EDGAR 07/01/2026 - 01:27 PM Learn about SEC filing dates

FAQ

What did Tyson J. Wagler report in this GABC Form 4 filing?

Tyson J. Wagler reported a restricted stock award of 1,168 common shares as part of his annual director equity grant. The filing also records a reclassification of 1,204 shares from direct to indirect ownership held jointly with his spouse.

How many GABC shares does Tyson J. Wagler own after this Form 4?

After the reported transactions, Tyson J. Wagler holds 2,466 GABC common shares directly and 11,761 common shares indirectly. The indirect holdings are reported as being held jointly with his spouse, according to the ownership description.

What are the terms of Tyson J. Wagler’s restricted stock award from GABC?

The restricted stock award to Tyson J. Wagler consists of 1,168 common shares granted as an annual director equity grant. According to the disclosure, these restricted shares are scheduled to vest on July 1, 2027, subject to the plan’s terms.

Was there a market purchase or sale of GABC shares in this Form 4?

The Form 4 does not show any open-market purchases or sales. It reports a grant of 1,168 restricted shares and a transfer of 1,204 shares from direct to indirect ownership, which changes reporting classification rather than reflecting a market trade.

How did Tyson J. Wagler’s indirect ownership in GABC change?

Wagler’s indirect holdings, reported as joint with spouse, increased by 1,204 shares transferred from direct ownership. After this change, the Form 4 shows 11,761 common shares held indirectly under this joint ownership arrangement.

Why did Tyson J. Wagler receive GABC restricted stock in this filing?

The filing states the restricted stock award of 1,168 shares was issued as an annual director equity grant under German American Bancorp’s non-employee director compensation arrangements, reflecting standard equity-based compensation for board service.

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^*

Wagler Tyson J

(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								11,761(1)	I	Joint with Spouse
Common Stock	06/29/2026		A		1,168(2)	A	$0	2,466(3)	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. Reflects an increase of 1,204 shares transferred from direct to indirect holding.

2. 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.

3. Reflect a reduction of 1,204 shares from direct to indirect holding.

	/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)