Bawel Zachary W 4

What Happened Zachary W. Bawel, a director of German American Bancorp, Inc. (GABC), acquired 418.078 shares on July 16, 2026. The shares were purchased at $47.84 each for a reported total of $20,000. This was a purchase (acquisition) rather than a sale.

Key Details

• Transaction date and price: 2026-07-16, 418.078 shares at $47.84 per share (total $20,000).
• Transaction type: P = Purchase.
• Method: Transaction effected pursuant to a prior election to use a portion of director compensation to buy shares through the Issuer's Dividend Reinvestment and Stock Purchase Plan (footnote F1).
• Shares owned after transaction: Not reported in the provided filing.
• Filing timeliness: Report filed 2026-07-17 for a 2026-07-16 transaction (appears to be filed promptly).

Context The purchase was made through the company plan (common for directors who elect to have compensation used to buy shares), which can result in fractional share amounts. Such purchases are routine insider acquisitions; they are factual disclosures and do not by themselves indicate the director's motivations.