German American (GABC) director buys stock via dividend plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GERMAN AMERICAN BANCORP, INC. director Zachary W. Bawel acquired 21.9539 shares of common stock at $45.55 per share through the issuer's Dividend Reinvestment and Stock Purchase Plan using a prior election of director compensation. Following this purchase, he holds 24,688.6283 shares directly and 2,748 shares indirectly through a revocable trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 21.954 shares ($1,000)
Net Buy
2 txns
Insider
Bawel Zachary W
Role
null
Bought
21.954 shs ($1K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 21.954 | $45.55 | $1K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 24,688.628 shares (Direct, null);
Common Stock — 2,748 shares (Indirect, Held by Revocable Trust)
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 shares acquired pursuant to the Dividend Reinvestment Plan.
Key Figures
Shares purchased: 21.9539 shares
Purchase price: $45.55 per share
Direct holdings after transaction: 24,688.6283 shares
+1 more
4 metrics
Shares purchased
21.9539 shares
Open-market purchase on 2026-06-15
Purchase price
$45.55 per share
Director stock acquisition
Direct holdings after transaction
24,688.6283 shares
Common stock owned directly by director
Indirect holdings via trust
2,748 shares
Common stock held by revocable trust
Key Terms
Dividend Reinvestment and Stock Purchase Plan, Revocable Trust, open-market purchase
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.
Revocable Trust financial
"nature_of_ownership: Held by Revocable Trust"
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
open-market purchase financial
"transaction_action: open-market purchase"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.