German American Bancorp director granted 1,168 shares
Bawel Zachary W reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Bawel Zachary W reported acquisition or exercise transactions in this Form 4 filing.
German American Bancorp director Zachary W. Bawel received a restricted stock award of 1,168 shares of common stock as his annual director equity grant. The grant was made at no cash cost to him and is part of the company’s non-employee director compensation arrangements.
The restricted stock will vest on July 1, 2027, if vesting conditions are met. Following this award, Bawel directly holds 25,856.6283 shares of common stock and an additional 2,748 shares are held indirectly through a revocable trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 1,168 shares
Grant/Award
2 txns
Insider
Bawel Zachary W
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,168 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 25,856.6283 shares (Direct);
Common Stock — 2,748 shares (Indirect, Held by Revocable Trust)
Footnotes (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 award: 1,168 shares
Grant price per share: $0.0000 per share
Direct holdings after award: 25,856.6283 shares
+2 more
5 metrics
Restricted stock award
1,168 shares
Annual director equity grant
Grant price per share
$0.0000 per share
Restricted stock award to director
Direct holdings after award
25,856.6283 shares
Common stock held directly by director
Indirect trust holdings
2,748 shares
Common stock held by revocable trust
Vesting date
July 1, 2027
Restricted stock award vesting
Key Terms
restricted stock award, annual director equity grant, non-employee director compensation arrangements, Revocable Trust
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
"as an annual director equity grant pursuant to the Issuer's non-employee director compensation arrangements"
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did GABC director Zachary W. Bawel report?
Zachary W. Bawel reported receiving a restricted stock award of 1,168 German American Bancorp common shares. This was granted as an annual director equity grant under the company’s non-employee director compensation arrangements, rather than an open-market purchase or sale of shares.
Was this GABC Form 4 transaction an open-market buy or sell?
No, the reported transaction was not an open-market buy or sell. It was coded as an “A” transaction, indicating a grant or award acquisition of 1,168 restricted shares as part of non-employee director compensation, with no purchase price paid in the market.
AI-generated analysis. How Rhea-AI works. Not financial advice.
