German American Bancorp director Bawel buys 344 shares

Q: How many GABC shares did Zachary W. Bawel buy, and at what price?

Zachary W. Bawel purchased 344 shares at $49.6635 per share on October 15, 2026. The purchase followed a prior election to use a portion of his director compensation to purchase shares through German American Bancorp's Dividend Reinvestment and Stock Purchase Plan; no Rule 10b5-1 plan is reported.

Q: How many GABC shares did Zachary W. Bawel hold after the purchase?

After the purchase, Bawel reported 27,560 shares directly and 2,748 shares held by a Revocable Trust.

A director used a prior election to apply part of director compensation to shares through the company's Dividend Reinvestment and Stock Purchase Plan.

Filing Impact

(Moderate)

Filing Sentiment

(Positive)How Sentiment works

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Form Type

Rhea-AI Filing Summary

German American Bancorp, Inc. director Zachary W. Bawel purchased 344 shares of common stock at $49.6635 per share on October 15, 2026. His reported direct holdings after the purchase were 27,560 shares; he also reported 2,748 shares held by a Revocable Trust. The purchase followed a prior election to use a portion of his director compensation to purchase shares through the issuer's Dividend Reinvestment and Stock Purchase Plan; no Rule 10b5-1 plan is reported.

Insider Trade Summary

Net Buyer: 344.3173 shares

Net Buy 2 txns

Insider Bawel Zachary W

Role Director

Bought 344.3173 shs ($17K)

Type	Security	Shares	Price	Value
Purchase	Common Stock ^F1	344.3173	$49.6635	$17K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 27,559.6402 shares (Direct); Common Stock — 2,748 shares (Indirect, Held by Revocable Trust)

Footnotes (1)

F1. 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.

Key Figures

Common shares purchased: 344 shares Purchase price: $49.6635 per share Direct shares following purchase: 27,560 shares +1 more

4 metrics

Common shares purchased 344 shares Purchase on October 15, 2026

Purchase price $49.6635 per share Purchase on October 15, 2026

Direct shares following purchase 27,560 shares Reported after the October 15, 2026 purchase

Shares held by Revocable Trust 2,748 shares Reported on October 15, 2026

Key Terms

Dividend Reinvestment and Stock Purchase Plan, director compensation, Revocable Trust

3 terms

Dividend Reinvestment and Stock Purchase Plan financial

"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.

director compensation financial

"a portion of his director compensation"

Revocable Trust financial

"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.

How many GABC shares did Zachary W. Bawel buy, and at what price?

Zachary W. Bawel purchased 344 shares at $49.6635 per share on October 15, 2026. The purchase followed a prior election to use a portion of his director compensation to purchase shares through German American Bancorp's Dividend Reinvestment and Stock Purchase Plan; no Rule 10b5-1 plan is reported.

How many GABC shares did Zachary W. Bawel hold after the purchase?

After the purchase, Bawel reported 27,560 shares directly and 2,748 shares held by a Revocable Trust.

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

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Available on EDGAR 10/16/2026 - 02:35 PM EDT Accepted by SEC EDGAR 10/16/2026 - 02:35 PM EDT

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^*

Bawel Zachary W

(Last)

(First)

(Middle)

711 MAIN ST

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)
10/15/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock								2,748	I	Held by Revocable Trust
Common Stock	10/15/2026	10/16/2026	P		344.3173⁽¹⁾	A	$49.6635	27,559.6402	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

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.

	/s/ Bradley C. Arnett, Attorney-in-Fact	10/16/2026
	** 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)

Source: View Original Filing on SEC EDGAR