Wagler Tyson J 4

What Happened Tyson J. Wagler, a director of German American Bancorp (GABC), was granted 1,168 restricted shares on June 29, 2026, reported on a Form 4 filed July 1, 2026. The award is reported at $0.00 (no cash paid) and is an annual non-employee director equity grant that will vest on July 1, 2027. This is a compensation grant (award), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-06-29; Form 4 filed: 2026-07-01
• Transaction type/code: Award/Grant (A) — reported as "Acquired"
• Shares granted: 1,168; reported price: $0.00
• Vesting: July 1, 2027 (footnote F2)
• Footnotes: filing notes a reclassification/transfer of 1,204 shares from direct to indirect holding (F1 and F3); F2 describes the restricted stock as the annual director grant.
• Shares owned after transaction: not specified in the filing
• Timeliness: Filed within the normal reporting window (not indicated as late)

Context Restricted stock awards are common director compensation and typically vest over time; they represent compensation rather than a direct bullish or bearish market signal. Such grants do not involve an immediate cash outlay by the director and are often subject to forfeiture until they vest.