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German American Bancorp, Inc. (GABC) – Form 4 filing. Director Susan J. Ellspermann reported the receipt of 1,298 shares of restricted common stock on June 30 2025 as part of the company’s non-employee director compensation program. The award was granted at a cost basis of $0 and will vest on July 1 2026. Following the grant, Ellspermann’s direct beneficial ownership stands at 10,222.1991 shares. No derivative securities were involved and no dispositions occurred.
The transaction is routine, reflecting the annual equity component of board compensation and modestly increasing insider ownership.