Bawel Zachary W 4

What Happened
Zachary W. Bawel, a director of German American Bancorp, Inc. (GABC), was granted 1,168 restricted shares on June 29, 2026. The award was reported at a grant price of $0.00 (transaction code A), reflecting a typical equity award rather than a market purchase; total reported cash value at grant is $0.

Key Details

• Transaction date: 2026-06-29; Form 4 filed 2026-07-01 (reported within the normal Form 4 window).
• Shares granted: 1,168 restricted shares; grant price reported as $0.00.
• Shares owned after transaction: Not specified in the filing.
• Footnote: Award issued as the annual non‑employee director equity grant under the issuer’s compensation arrangements; the restricted stock vests on July 1, 2027 (Footnote F1).
• Transaction code: A = Award/Grant. No tax withholding sale or other disposition was reported.

Context
Restricted stock awards to directors are routine compensation and typically vest over time; they are not immediate purchases or sales and do not by themselves signal a trading view. The economic value to the director will depend on GABC’s share price at or after vesting (7/1/2027).