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
15
Insider Score Band below 60

AI score not needed: the AI review runs from a match score of 55.

Research score, not a recommendation.

Total bought$4.0K3 Form 4 purchases
Distinct insiders3open-market buyers
Lead insiderBawel Zachary WDirector
Cluster window2026-01-15single day · closed

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 3 purchases were at $40.60 on 2026-01-15. 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
37%
Seniority executive rank of buyers (CEO/CFO/Director)
60%
Commitment purchase size relative to company & holdings
0%
Context buying into stock weakness signals conviction
37%
Timing coordinated purchases within a tight window
100%
Routine-purchase discount × 0.70
Company-type / offering discount × 1.00
Net insider selling penalty − 0

Why are they buying?

AI score not needed: the AI review runs only on clusters with a match score of 55 or more. The filings in the table below are the primary evidence.

Stock Price & Insider Purchase History

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

Loading price history…

Transactions

3 Form 4 trades · 3 insiders Sign in to download CSV
Purchases in this cluster, grouped by insider, largest first
Date Insider Role Shares Price Value Flags Filing
2026-01-15 Bawel Zachary W 61 purchases with a 63-day result · median +0.4% Director 49 $40.60 $2.0K
routine
SEC filing for Bawel Zachary W (opens in a new tab)
2026-01-15 Ellspermann Susan J 35 purchases with a 63-day result · median -0.4% Director 25 $40.60 $1,000
SEC filing for Ellspermann Susan J (opens in a new tab)
2026-01-15 SHEIDLER JACK 57 purchases with a 63-day result · median -1.3% Director 25 $40.60 $1,000
SEC filing for SHEIDLER JACK (opens in a new tab)
Total $4.0K

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 +7.9%63 days +4.3%126 days +8.2%

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
2026-07-16 5 $95.0K 20 +4.2%+12.0%– 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
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