German American Bancorp (GABC) director granted 1,168 restricted shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Stokes Ronnie R reported acquisition or exercise transactions in this Form 4 filing.
GERMAN AMERICAN BANCORP, INC. director Ronnie R. Stokes received a grant of 1,168 shares of common stock as an annual equity award under the company’s non-employee director compensation arrangements. The restricted stock vests on July 1, 2027, increasing his direct holdings to 8,309.8788 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Stokes Ronnie R
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common | 1,168 | $0.00 | -- |
Holdings After Transaction:
Common — 8,309.879 shares (Direct, null)
Footnotes (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. Includes additional shares purchased pursuant to the Issuer's Dividend Reinvestment and Stock Purchase Plan.
Key Figures
Restricted stock grant: 1,168 shares
Post-transaction holdings: 8,309.8788 shares
Grant price per share: $0.0000
+1 more
4 metrics
Restricted stock grant
1,168 shares
Annual director equity award of common stock
Post-transaction holdings
8,309.8788 shares
Direct GABC common stock held after the grant
Grant price per share
$0.0000
Equity compensation grant, no cash paid by director
Vesting date
July 1, 2027
Restricted stock from this award becomes fully vested
Key Terms
restricted stock award, non-employee director compensation arrangements, Dividend Reinvestment and Stock Purchase Plan
3 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.
non-employee director compensation arrangements financial
"pursuant to the Issuer's non-employee director compensation arrangements"
Dividend Reinvestment and Stock Purchase Plan financial
"Includes additional shares purchased pursuant to 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.
FAQ
What did GERMAN AMERICAN BANCORP (GABC) director Ronnie R. Stokes report on this Form 4?
Ronnie R. Stokes reported receiving a grant of 1,168 shares of GERMAN AMERICAN BANCORP common stock. The award is part of the company’s non-employee director compensation and is structured as restricted stock that vests over time.
Is the Ronnie R. Stokes GABC transaction a stock purchase or a compensation grant?
The transaction is a compensation-related stock grant, not an open-market purchase. The filing describes it as a restricted stock award issued as an annual director equity grant under non-employee director compensation arrangements.
What does the dividend reinvestment plan note mean in the GABC Form 4 filing?
The footnote explains that Stokes’s reported holdings include extra shares acquired through GERMAN AMERICAN BANCORP’s Dividend Reinvestment and Stock Purchase Plan. Under such plans, cash dividends are automatically used to buy additional company shares.