Insider Tracker SEC Form 4 insider trades
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GABC

GERMAN AMERICAN BANCORP, INC.

Financial Services State Commercial Banks Market cap: $1.9B All insider activity → Quote and statistics → Sign in to watch GABC Sign in to set a price alert

AI summary German American Bancorp directors acquire shares via director compensation and dividend reinvestment plan.

20
Insider Score Band below 60
Research score
32
AI adjustment
-12

Research score, not a recommendation.

Total bought$95.0K5 Form 4 purchases
Distinct insiders5open-market buyers
Lead insiderSeger Andrew MDirector
Cluster window2026-07-16single day · active

Market data

Live quote and chart from Yahoo Finance, loaded through this server. Insider purchases are marked on the chart.

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same price, one day All 5 purchases were at $47.84 on 2026-07-16. That pattern also occurs in IPO or conversion subscriptions, which are not open-market conviction buying.

Why this score

Research score: a weighted blend of the five factors, times the routine and offering discounts, minus the selling penalty.

Breadth number & diversity of participating insiders
83%
Seniority executive rank of buyers (CEO/CFO/Director)
60%
Commitment purchase size relative to company & holdings
21%
Context buying into stock weakness signals conviction
9%
Timing coordinated purchases within a tight window
100%
Routine-purchase discount × 0.40
Company-type / offering discount × 1.00
Net insider selling penalty − 0

Why are they buying?

AI · plan · catalyst none · documented

The directors acquired shares pursuant to prior elections to use a portion of their director compensation to purchase common stock through the company's Dividend Reinvestment and Stock Purchase Plan.

Footnotes in the Form 4 filings explicitly confirm that all reported transactions were executed under prior elections to allocate director compensation toward the issuer's stock purchase plan.

Stock Price & Insider Purchase History

Daily close price with open-market insider purchases plotted over time

Loading price history…

Transactions

5 Form 4 trades · 5 insiders Sign in to download CSV
Purchases in this cluster, grouped by insider, largest first
Date Insider Role Shares Price Value Flags Filing
2026-07-16 KELLY JASON M 44 purchases with a 63-day result · median -0.2% Director 418 $47.84 $20.0K
routine
SEC filing for KELLY JASON M (opens in a new tab)
2026-07-16 Seger Andrew M 7 purchases with a 63-day result · median -1.1% Director 418 $47.84 $20.0K
routine
SEC filing for Seger Andrew M (opens in a new tab)
2026-07-16 Bawel Zachary W 61 purchases with a 63-day result · median +0.4% Director 418 $47.84 $20.0K
routine
SEC filing for Bawel Zachary W (opens in a new tab)
2026-07-16 Ryan Christina M 46 purchases with a 63-day result · median +1.1% Director 418 $47.84 $20.0K
routine
SEC filing for Ryan Christina M (opens in a new tab)
2026-07-16 Stokes Ronnie R 3 purchases with a 63-day result · median -4.0% Director 314 $47.84 $15.0K
routine
SEC filing for Stokes Ronnie R (opens in a new tab)
Total $95.0K

Other buying runs at GABC

A run ends after a pause in the buying, so one company can have several. Returns are the stock's return minus its benchmark's (IWM for small companies, SPY otherwise), from the first open after the run became a cluster. Past results, not a forecast.

After this run became a cluster: 21 days +4.2%63 days +12.0%126 days –

Other insider buying runs at this company, newest first, with the return against the benchmark that followed
Window Insiders Total Score 21 days63 days126 days Status
2026-08-17 → 2026-10-15 4 $113.5K 12 +2.1%–– active
2026-06-15 4 $4.0K 4 +7.1%+11.5%– active
2026-02-15 → 2026-05-15 5 $12.2K 0 +1.1%-2.7%+11.1% closed
2026-01-15 3 $4.0K 15 +7.9%+4.3%+8.2% closed
2025-11-15 → 2025-12-15 3 $5.1K 16 -8.2%+2.3%-7.9% closed
2025-09-15 → 2025-10-15 5 $42.8K 26 -7.1%-0.4%+0.2% closed
2025-06-15 → 2025-08-15 8 $242.1K 37 +5.0%-4.0%-5.0% closed
2025-04-15 → 2025-05-15 3 $4.4K 16 -8.1%-7.1%-14.8% closed
2025-01-22 → 2025-03-15 6 $59.3K 30 +5.7%+7.2%+1.4% closed
2024-11-15 → 2024-12-15 5 $11.1K 19 -6.7%-7.8%-4.9% closed
2024-09-15 → 2024-10-15 5 $16.2K 22 +0.2%+5.1%+3.8% closed
2024-06-15 → 2024-08-15 8 $420.4K 37 +12.2%+13.6%+17.3% closed