GABC Director Zachary W. Bawel Buys $20K Stock

What Happened
Zachary W. Bawel, a director of German American Bancorp, acquired 391.254 shares of the company's common stock on 2026-08-17 at $51.12 per share, for a total reported value of $20,000. The transaction is a purchase (code P) and represents an insider buy rather than a sale.

Key Details

• Transaction date and price: 2026-08-17 at $51.12 per share.
• Shares acquired: 391.254; reported transaction value: $20,000.
• Shares owned after transaction: Not stated in the filing.
• Footnote: The purchase was made using a portion of the director’s compensation through the issuer’s Dividend Reinvestment and Stock Purchase Plan (per filing footnote).
• Filing: Reported on 2026-08-18 for the 2026-08-17 transaction — appears timely, not flagged as late.

Context
This was a direct purchase funded by director compensation under the company’s stock purchase plan (not an option exercise or gift). Purchases by directors are often watched by retail investors as a positive signal, but filings are factual records and do not indicate the insider’s motivations.