SHEIDLER JACK 4

What Happened Jack Sheidler, a director of German American Bancorp, purchased 24.703 shares of GABC common stock on 2026-03-17 at $40.84 per share, for a total reported value of approximately $1,009. This was a purchase (not a sale) and was effected through the issuer’s Dividend Reinvestment and Stock Purchase Plan (DRIP) using a portion of his director compensation.

Key Details

• Transaction date and price: 2026-03-17 at $40.84 per share.
• Shares acquired: 24.703; Total value: ≈ $1,009.
• Shares owned after transaction: Not specified in the filing.
• Footnotes: The purchase was made pursuant to a prior election to use director compensation to buy shares via the Dividend Reinvestment and Stock Purchase Plan (F1). The reported shares include those acquired under that plan (F2).
• Filing timeliness: The Form 4 was filed on the same date as the transaction (timely).

Context This was a small, routine DRIP purchase funded by director compensation rather than an open-market cash outlay. Such automatic/in-plan reinvestments are common and generally reflect a decision to retain shares rather than an active market-timing signal.