Snapshot date: 2026-10-18 · Built: 2026-10-19T15:40:52+00:00 · Publication status: REVIEW

COMPANY RESEARCH

GERMAN AMERICAN BANCORP, INC.

GABC · United States · Financial Services

INSIDER SIGNAL

Insider activity score：85.1 / 100

6 insiders · 20 purchase events · $214k net purchases

US #19 · United States #19

WHY THIS SIGNAL?

Score anatomy

Each bar shows the contribution to the current score; the weights and formula stay unchanged.

Cluster+35.0 / 35

How many distinct insiders bought in the cluster

Purchase size+10.6 / 25

Purchase value relative to company size and liquidity

Role+0.0 / 20

The seniority and relevance of participating insiders

Recency+9.5 / 10

How recently the purchases occurred

Conviction+10.0 / 10

How clearly buying stands out from other activity

What is holding the score back?

⚠ Purchase size is modest relative to the model scale
⚠ Insider role contributes less on the current role scale
✓ Broad buyer cluster · 4+ distinct filers
✓ Recent activity · latest purchase 2026-10-15

The role contribution follows the US model's seniority ladder.

BUYING PROFILE

20 events · 6 insiders · 180d

Cluster 95%Repeat 5%Independent 0%Large 0%

Percentages are mutually exclusive and sum to 100%.

Buying concentration

37%

Largest buyer：Bawel Zachary W · 78k USD
Gross qualified purchase transaction-line value：214k USD

The headline $ total is net buying for the screen; this module uses gross qualified purchase transaction-line values in the filing currency, so the amounts can differ. The current 15-day buyer-breadth input counts distinct buyers; value concentration is disclosed separately here.

This is a ranking under the current US screening rules—not a probability of gain, return forecast, or buy recommendation.

Key purchase quotes (filing currency)

Filer	Price per unit	Trade date
Bawel Zachary W	49.6635 USD	Oct 15, 2026
Ryan Christina M	49.6635 USD	Oct 15, 2026
Bawel Zachary W	47.84 USD	Jul 16, 2026

Model details

Cluster breakdown (does not change the score)

15-day buyer breadth (count): 5 distinct reported filers
Peak time window: 2026-07-16 to 2026-07-16
Current breadth input: 1.000 (capped at 4+ buyers)
Buyer independence: Not yet measured; related-party fields are not cross-market comparable

What the filings show

🟢 Recent eligible purchase
Bawel Zachary W · 17k USD · Price 49.6635 USD · Oct 15, 2026
🟢 PDMR purchase
Ryan Christina M · 100 USD · Price 49.6635 USD · Oct 15, 2026
🟢 PDMR purchase
Bawel Zachary W · 20k USD · Price 47.84 USD · Jul 16, 2026
🟡 17 remaining qualified transaction line(s) across 17 disclosure(s)
🔴 11 other transaction line(s) are not counted as discretionary-buying evidence; 11 have zero price

Insider vs stock price

6 purchase day(s), 20 purchase line(s) in the 180-day window.

Daily close (USD)Day with an insider purchaseTwo or more insiders the same day

Markers sit on the closing price of the transaction day. They show when insiders traded, not the price they paid or received. "Since" compares that day's close with the last close shown; it is what happened at this company, not a forecast.

If you had followed the purchase

Each row starts on the first close on or after the day a purchase was made public, the earliest a reader could have acted, and ends on the last close shown above.

Amount put in (USD)

Made public	Insiders	In this stock, now	In the median peer stock, now	Difference
2026-05-18	1	1,174 +17.4%	927 −7.3%	+247 +24.7 pts
2026-06-17	4	1,117 +11.7%	925 −7.5%	+193 +19.3 pts
2026-07-17	5	1,028 +2.8%	942 −5.8%	+86 +8.6 pts
2026-08-18	4	980 −2.0%	923 −7.7%	+57 +5.7 pts
2026-09-16	3	1,015 +1.5%	965 −3.5%	+50 +5.0 pts

5 of 5 disclosure day(s) ended ahead of the median peer stock.

Close to close, before costs, taxes, dividends and currency moves. The peer is the median of the other stocks on the same exchange for which this site holds prices (108 here), not an index. This is what happened, not a forecast: across all purchases on this site the typical gap is close to zero.

Insider timeline

5 insiders bought on the same day, 16 Jul: 5 Board member. 4 of them bought again later. The share closed at 49.34 that day and at 49.93 most recently (+1.2%). That week 79 companies across United States disclosed insider purchases, an ordinary week (21 of the last 26).

Tap an item for what it means.

●A purchase: the bigger the dot, the more was bought

Each dot is one insider's purchases on one day. The dot's area follows the amount: the largest purchase here gets the largest dot. Hold the pointer over a dot to see the date and the amount.

▮Purple band: several insiders bought within 15 days

The band marks the stretch with the most different buyers: at most 15 days long and at least two people. Here it is 16 Jul, with 5 insiders. Only the strongest stretch is marked. Several people deciding the same thing is harder to explain by one person's private reasons, but insiders often buy together just after a closed period ends, so compare it with the grey weekly bars.

Blue line: this share's price, +15.2% over these six months

The closing price of each day, from 43.33 on 2026-04-21 to 49.93 on 2026-10-16. The line has no scale; read it for high and low: a dot on a low stretch was bought cheaply, a dot on a high stretch was not.

Dashed line: the typical stock on the same exchange, −11.3%

Taken from the 1230 other stocks on the same exchange that this site holds prices for. Each is measured from the first day of the window, and every day the middle one is drawn. It starts where the blue line starts, so the gap between the two is the difference: this share +15.2%, the typical one −11.3%, 26.5 points ahead. It is not an index and not a comparison within one industry.

▂Grey bars: companies across United States disclosing purchases each week

A taller bar is a week in which more companies disclosed insider purchases. The purple bar is the week of the band above: 79 companies, number 21 of the last 26 weeks. If that week was a peak anyway, buying together is less special than it looks.

This company: insiders buying per month, last 12 months

1Nov

3Dec

3Jan

1Feb

5Mar

2Apr

1May

4Jun

5Jul

4Aug

3Sep

3Oct

Darker bars are inside the 180-day window above.

Who traded

Insider	Role	Purchases	Sales	Bought	First purchase	Share price since
Seger Andrew M	Board member	6	—	49.6k USD	2026-05-15	+19.9%
Bawel Zachary W	Board member	5	—	78.1k USD	2026-06-15	+11.0%
Ellspermann Susan J	Board member	1	—	1,000 USD	2026-06-15	+11.0%
Ryan Christina M	Board member	5	—	47.3k USD	2026-06-15	+11.0%
KELLY JASON M	Board member	2	—	22.5k USD	2026-07-16	+1.2%
Stokes Ronnie R	Board member	1	—	15.0k USD	2026-07-16	+1.2%

Why this score? · Model details

Priority = 100 × Σ(fixed weight × 0–1 rule-based input)

Factor	Weight	This company input	Point contribution
15-day buyer breadth (count)	35%	1.000	35.0
Qualified-buy size	25%	0.424	10.6
Role informativeness (inverted)	20%	1.000	20.0
Recency	10%	0.951	9.5
Buy/sell conviction	10%	1.000	10.0

This is a heuristic ordering under the current rules, not a calibrated return forecast. It explains why candidates rank differently; the public-filing evidence and data limits are shown below.

BULL VS BEAR

Two readings of this buying

The same filings, read two ways. Each line is a fact stored for this company with the number behind it, and appears only when that number crosses a fixed threshold. Neither side is a forecast and no winner is declared.

Where the evidence comes from

Independent evidence does not object: the purchases themselves carry bull lines (several insiders together, bought in the last two weeks); share price and trading, short sellers were checked and none crosses a bear threshold. No data is held for: company results, company actions.

The insider purchases themselvesBullseveral insiders together, bought in the last two weeks Bearbuyer's past purchases trailed the benchmark7 checked, under the threshold
Share price and trading2 checked, under the threshold
Short sellers2 checked, under the threshold
Company results2 missing
Company actionsno data held

Bull case · the buying is informative

5 insiders bought on the same day (2026-07-16). Several people reaching the same decision at the same time is hard to put down to one person's circumstances.
The latest purchase is 3 days old (2026-10-15). The buying is current, not left over from an earlier quarter.

Bear case · discount it

The 16 earlier purchases by Bawel Zachary W trailed S&P 500 ETF (SPY adjusted close) by a median 1.8% over the following 60 trading days.

Evidence still missing

The company's market value is not captured, so the purchases cannot be stated as a share of the business or of its trading volume.
No earnings, margin or cash-flow figures are captured for this company. The latest annual and interim reports are where to check whether the business is improving or deteriorating.

Checked and under the threshold: 11, 1 close to it

BearFINRA short interest on 2026-09-30 equals 9.1 days of average trading volume and 3.6% of the 37,578,808 shares outstanding, up 2.8% from the previous report. Counted for the bear side from 10 days, or from 10% of the shares outstanding. close to the threshold
Either6 insiders bought in the last 180 days and 5 in the 180 days before. Bull when the number at least doubles and rises by two; bear when at least two bought before and no more buy now.
BearThe largest buyer accounts for 37% of the value bought. Counted for the bear side from 80%.
EitherNet purchases of $214k in 180 days. Bull from $1.0M, bear when all purchases total under $25k.
BearNo insider sale is recorded in the same 180 days.
BearThe share price changed +13% over six months (three months +3.0%, one month +1.5%) and stands 4.4% below its 52-week high. Counted for the bear side from a fall of 20%.
BearOver three months the share price changed +3.0% and the median of 143 Financial Services companies changed −1.2%: ahead by 4 points. Counted for the bear side from 20 points behind.
BearNone of the 17 purchase filings ticks Form 4's 10b5-1 box.
BearOver the last 5 trading days to 2026-10-16, 59% of this stock's off-exchange volume was sold short; over the 60 days before, 63%. The market's median is 50%. This is trading volume, not a position: a market maker who sells short and covers the same day is counted, so about half of all volume is short on an ordinary day. It is shown for comparison and counts for neither side.
Bull17 of 20 purchase filings state the shares held before and after. The largest addition to an existing holding took it from 8,313 to 8,626 shares (+3.8%). Counted for the bull side from +100%, for the bear side below +1%.
BearNo insider filing in the last 180 days opened a hedge on this stock.

Both columns arrange stored facts only. They do not change the insider score or the ranking and are not investment advice.

Signal history

85.1 / 100

Latest recorded score

↑ +14.0 ptssince the first recorded snapshot on 2026-09-25; 23 calendar days observed

Recorded snapshots: 18
First snapshot: 2026-09-25

There is not yet a 30-calendar-day comparison; earlier scores are not reconstructed. These are raw signal scores saved when each full scoring run completed. They describe changes in research ranking, not price performance or returns.

Why did it change?

Less than 30 days of comparable history is available, so factor movement is not yet decomposed.

Signal score history

Fixed 0–100 scale; dates are spaced by calendar time.

Recent recorded points

Sep 25, 202671.1
Oct 2, 202674.1
Oct 6, 202673.6
Oct 13, 202681.4
Oct 18, 202685.1

View all recorded scores

Snapshot date	Signal score
2026-09-25	71.1
2026-09-29	74.3
2026-09-30	74.2
2026-10-01	74.2
2026-10-02	74.1
2026-10-03	74.0
2026-10-04	73.9
2026-10-05	73.9
2026-10-06	73.6
2026-10-07	73.5
2026-10-08	75.5
2026-10-09	74.8
2026-10-12	81.5
2026-10-13	81.4
2026-10-14	81.3
2026-10-15	81.2
2026-10-16	81.1
2026-10-18	85.1

Sector context

Financial Services

Buying breadth: 4.1% (29 / 701 issuers)
Sector rank: #7 / 13

This is sector-level research context. It does not affect the Insider Signal or ranking.

View US sector research →

Insider profile outcomes

Historical performance following insider filings. The company role is translated below each name while preserving the original title.

Excess return = stock return − S&P 500 ETF (SPY adjusted close) return over the same period.
Hit rate = completed events with positive excess return ÷ total completed events.
Price coverage = valid point-in-time prices ÷ events mature enough for that period.
Returns start on the first shared trading session on or after publication.
Small-sample rule: n<5 is shown for transparency and is not scored.

Events are disclosure-level observations; related disclosures published on the same date may share a return path and may not be statistically independent. This research enrichment does not affect the insider score or ranking.

Bawel Zachary WDirector17 completed 20D event(s)

Period	Completed events	Price coverage	Hit rate	Median excess return	Average excess return	Worst excess return
5D	18Developing evidence	100.0% (18/18)	50.0% (9/18)	-0.4%	+0.0%	-6.3%
20D	17Developing evidence	94.4% (17/18)	47.1% (8/17)	-1.7%	-0.4%	-9.1%
60D	16Developing evidence	100.0% (16/16)	43.8% (7/16)	-1.8%	-1.6%	-15.3%
120D	14Developing evidence	100.0% (14/14)	42.9% (6/14)	-4.1%	-2.2%	-13.0%

First purchase in 12M

0/18

Large purchase ≥ $100k

0/19

Cluster buying · 15D

19/19

Buying the dip · ≥20% below prior 52W high

0/19

Routine / opportunistic

Not classifiable

SHEIDLER JACKDirector15 completed 20D event(s)

Period	Completed events	Price coverage	Hit rate	Median excess return	Average excess return	Worst excess return
5D	15Developing evidence	100.0% (15/15)	46.7% (7/15)	-1.1%	-0.1%	-6.3%
20D	15Developing evidence	100.0% (15/15)	40.0% (6/15)	-2.0%	-1.1%	-9.1%
60D	15Developing evidence	100.0% (15/15)	40.0% (6/15)	-3.0%	-2.4%	-15.3%
120D	15Developing evidence	100.0% (15/15)	40.0% (6/15)	-5.2%	-3.3%	-18.6%

First purchase in 12M

0/14

Large purchase ≥ $100k

0/15

Cluster buying · 15D

14/15

Buying the dip · ≥20% below prior 52W high

1/15

Routine / opportunistic

Not classifiable

Ellspermann Susan JDirector14 completed 20D event(s)

Period	Completed events	Price coverage	Hit rate	Median excess return	Average excess return	Worst excess return
5D	14Developing evidence	100.0% (14/14)	50.0% (7/14)	-0.3%	-0.2%	-6.3%
20D	14Developing evidence	100.0% (14/14)	42.9% (6/14)	-2.8%	-0.4%	-8.5%
60D	14Developing evidence	100.0% (14/14)	35.7% (5/14)	-1.8%	-2.2%	-15.3%
120D	13Developing evidence	100.0% (13/13)	38.5% (5/13)	-5.2%	-2.4%	-13.0%

First purchase in 12M

0/13

Large purchase ≥ $100k

0/14

Cluster buying · 15D

14/14

Buying the dip · ≥20% below prior 52W high

0/14

Routine / opportunistic

Not classifiable

Signal outcomes

Calculated from immutable US ranking snapshots; excess return is stock return minus SPY return. Newly saved snapshots remain pending until each forward horizon matures. This never affects the US score.

Horizon	Status	Result
5D	9 completed	-1.4% median
20D	Awaiting maturity	—
60D	Awaiting maturity	—
120D	Awaiting maturity	—

Market context

PRICE PERFORMANCE

+1.5%

+3.0%

+13.1%

12M

+28.3%

VOLATILITY & LIQUIDITY

Volatility: 24.4%
Beta: —
Avg daily volume: $7.2M

VALUATION

Market cap: —
P/E: —

FUNDAMENTALS

Profit margin: —
ROE: —
Industry: —

Prices to 18 Oct 2026: OpenBB/yfinance; volume from price cache (yfinance). It does not affect the insider score or rank.

Insiders' buying price vs the latest close

Insiders paid 48.33 USD a share on average (35 purchase lines, 7 buyers, 2025-11-15 – 2026-10-15). The close on 2026-10-16 was 3.3% above that price.

The latest purchase (2026-10-15) was at 49.66 USD; the close was 0.5% above that price.

Prices paid are weighted by shares and taken from the filings; dividends are not counted. Not scored.

Buying size vs market trading

Complete price and volume history is not yet available.

Market-data coverage: 0 verified sessions · Latest session: — · Ratio status: Unavailable

Traded value is estimated as close × shares traded, in major currency units. Includes disclosed qualifying purchases; disclosures may lag. Contractual or planned acquisitions are not necessarily discretionary. Ratios describe relative trading size, not market participation or score contributions.

Latest news

News capture status: OK. Articles were retained for audit but none met the reader threshold.

Regulatory filings

Insider filing announcement · published 2026-10-16 · trade date 2026-10-15
Insider filing announcement · published 2026-10-16 · trade date 2026-10-15
Insider filing announcement · published 2026-10-16 · trade date 2026-10-15

Unfold all 58 filings

Insider filing announcement · published 2026-10-16 · trade date 2026-10-15
Insider filing announcement · published 2026-10-16 · trade date 2026-10-15
Insider filing announcement · published 2026-10-16 · trade date 2026-10-15
Insider filing announcement · published 2026-09-16 · trade date 2026-09-15
Insider filing announcement · published 2026-09-16 · trade date 2026-09-15
Insider filing announcement · published 2026-09-16 · trade date 2026-09-15
Insider filing announcement · published 2026-08-18 · trade date 2026-08-17
Insider filing announcement · published 2026-08-18 · trade date 2026-08-17
Insider filing announcement · published 2026-08-18 · trade date 2026-08-17
Insider filing announcement · published 2026-08-18 · trade date 2026-08-17
Insider filing announcement · published 2026-07-17 · trade date 2026-07-16
Insider filing announcement · published 2026-07-17 · trade date 2026-07-16
Insider filing announcement · published 2026-07-17 · trade date 2026-07-16
Insider filing announcement · published 2026-07-17 · trade date 2026-07-16
Insider filing announcement · published 2026-07-17 · trade date 2026-07-16
Insider filing announcement · published 2026-07-01 · trade date 2026-06-29
Insider filing announcement · published 2026-07-01 · trade date 2026-06-29
Insider filing announcement · published 2026-07-01 · trade date 2026-06-29
Insider filing announcement · published 2026-07-01 · trade date 2026-06-29
Insider filing announcement · published 2026-07-01 · trade date 2026-06-29
Insider filing announcement · published 2026-07-01 · trade date 2026-06-29
Insider filing announcement · published 2026-07-01 · trade date 2026-06-29
Insider filing announcement · published 2026-07-01 · trade date 2026-06-29
Insider filing announcement · published 2026-07-01 · trade date 2026-06-29
Insider filing announcement · published 2026-07-01 · trade date 2026-06-29
Insider filing announcement · published 2026-07-01 · trade date 2026-06-29
Insider filing announcement · published 2026-06-17 · trade date 2026-06-15
Insider filing announcement · published 2026-06-17 · trade date 2026-06-15
Insider filing announcement · published 2026-06-17 · trade date 2026-06-15
Insider filing announcement · published 2026-06-17 · trade date 2026-06-15
Insider filing announcement · published 2026-05-18 · trade date 2026-05-15
Insider filing announcement · published 2026-04-17 · trade date 2026-04-15
Insider filing announcement · published 2026-04-17 · trade date 2026-04-15
Insider filing announcement · published 2026-03-17 · trade date 2026-03-17
Insider filing announcement · published 2026-03-17 · trade date 2026-03-17
Insider filing announcement · published 2026-03-17 · trade date 2026-03-17
Insider filing announcement · published 2026-03-17 · trade date 2026-03-17
Insider filing announcement · published 2026-03-17 · trade date 2026-03-17
Insider filing announcement · published 2026-03-17 · trade date 2026-03-16
Insider filing announcement · published 2026-03-17 · trade date 2026-03-16
Insider filing announcement · published 2026-03-17 · trade date 2026-03-16
Insider filing announcement · published 2026-03-17 · trade date 2026-03-16
Insider filing announcement · published 2026-03-06 · trade date 2026-03-04
Insider filing announcement · published 2026-03-06 · trade date 2026-03-04
Insider filing announcement · published 2026-03-06 · trade date 2026-03-04
Insider filing announcement · published 2026-03-06 · trade date 2026-03-04
Insider filing announcement · published 2026-03-06 · trade date 2026-03-04
Insider filing announcement · published 2026-03-06 · trade date 2026-03-04
Insider filing announcement · published 2026-03-06 · trade date 2026-03-04
Insider filing announcement · published 2026-02-18 · trade date 2026-02-15
Insider filing announcement · published 2026-01-16 · trade date 2026-01-15
Insider filing announcement · published 2026-01-16 · trade date 2026-01-15
Insider filing announcement · published 2026-01-16 · trade date 2026-01-15
Insider filing announcement · published 2026-01-05 · trade date 2025-12-01
Insider filing announcement · published 2025-12-16 · trade date 2025-12-15
Insider filing announcement · published 2025-12-16 · trade date 2025-12-15
Insider filing announcement · published 2025-12-16 · trade date 2025-12-15
Insider filing announcement · published 2025-11-18 · trade date 2025-11-15

Results and insider purchases

Results (8-K)	Bought within 5 sessions	Bought within 20 sessions	Buyers, 20 sessions before
2026-07-2716:25 ET · after the closeFirst session 2026-07-28	None	4 · $62.5KBawel Zachary W; Ryan Christina M; Seger Andrew M	5
2026-04-2716:23 ET · after the closeFirst session 2026-04-28	None	1 · $1,000Seger Andrew M	2
2026-01-2616:46 ET · after the closeFirst session 2026-01-27	None	1 · $1.0KSeger Andrew M	3
2025-10-2716:48 ET · after the closeFirst session 2025-10-28	None	1 · $1.0KSeger Andrew M	4

Results dates are the company's 8-K filings to the SEC under Item 2.02 (results of operations); one filed after the close counts from the next session. Purchases are open-market buys reported on Form 4 (code P), by trade date; a Form 4 can arrive two business days after the trade, so the latest days can still fill in. Facts only; this does not change the score or rank.

Ownership and trading-plan context

Direct / indirect ownership	Direct, Mixed direct / indirect
10b5-1 filing evidence	Not declared in filing field
Evidence retrieved	2026-10-18T21:07:10+00:00

These are accession-level filing fields. Unavailable means the evidence was not fetched or parsed; it is never inferred as “No” and does not adjust the US score.

Filing evidence

These are underlying national-feed records from the 365-day window ending on the saved ranking snapshot. The score uses only the latest 180 days; older qualifying equity purchases remain visible for audit but do not enter the current score. The original filer, role, transaction classification, instrument, price, volume, value and source fields are retained. The first three rows are shown; remaining records can be unfolded for audit. Other transaction types are retained but excluded from the score.

Excluded transactions & classification

35 qualifying purchase disclosure(s) · 35 transaction line(s)

Dec 15, 2025Open market purchase

Ryan Christina M · Director

Common Stock · 48.25 shares × 41.45 USD · 1999.9625 USD

Open filing

Dec 15, 2025Open market purchase

Ellspermann Susan J · Director

Common Stock · 24.12 shares × 41.45 USD · 999.7740000000001 USD

Open filing

Dec 15, 2025Open market purchase

Seger Andrew M · Director

Common · 26.54 shares × 41.45 USD · 1100.083 USD

Open filing

Unfold all 32 remaining filing row(s)

Transaction date	Published	Filer	Role	Transaction	Instrument	Price (local currency)	Quote currency	Volume	Reported value (local currency)	Source
2025-11-15	2025-11-18	Seger Andrew M	Director	Open market purchase	Common	39.05 USD	USD	25.61	1000.0704999999999 USD	Open filing
2026-03-17	2026-03-17	SHEIDLER JACK	Director	Open market purchase	Common Stock	40.84 USD	USD	24.7	1008.748 USD	Open filing
2026-03-17	2026-03-17	Ryan Christina M	Director	Open market purchase	Common Stock	40.84 USD	USD	49.41	2017.9044000000001 USD	Open filing
2026-03-17	2026-03-17	Ellspermann Susan J	Director	Open market purchase	Common Stock	40.48 USD	USD	49.41	2000.1167999999998 USD	Open filing
2026-03-17	2026-03-17	Bawel Zachary W	Director	Open market purchase	Common Stock	40.48 USD	USD	24.7	999.8559999999999 USD	Open filing
2026-03-17	2026-03-17	Seger Andrew M	Director	Open market purchase	Common	40.48 USD	USD	51.88	2100.1023999999998 USD	Open filing
2026-02-15	2026-02-18	Seger Andrew M	Director	Open market purchase	Common	43.64 USD	USD	22.92	1000.2288000000001 USD	Open filing
2026-01-15	2026-01-16	SHEIDLER JACK	Director	Open market purchase	Common Stock	40.6 USD	USD	24.63	999.978 USD	Open filing
2026-01-15	2026-01-16	Bawel Zachary W	Director	Open market purchase	Common Stock	40.6 USD	USD	49.26	1999.956 USD	Open filing
2026-01-15	2026-01-16	Ellspermann Susan J	Director	Open market purchase	Common Stock	40.6 USD	USD	24.63	999.978 USD	Open filing
2026-06-15	2026-06-17	Bawel Zachary W	Director	Open market purchase	Common Stock	45.55 USD	USD	21.95	999.8224999999999 USD	Open filing
2026-06-15	2026-06-17	Seger Andrew M	Director	Open market purchase	Common	45.55 USD	USD	21.95	999.8224999999999 USD	Open filing
2026-06-15	2026-06-17	Ryan Christina M	Director	Open market purchase	Common Stock	45.55 USD	USD	21.95	999.8224999999999 USD	Open filing
2026-06-15	2026-06-17	Ellspermann Susan J	Director	Open market purchase	Common Stock	45.55 USD	USD	21.95	999.8224999999999 USD	Open filing
2026-05-15	2026-05-18	Seger Andrew M	Director	Open market purchase	Common	41.84 USD	USD	23.9	999.976 USD	Open filing
2026-04-15	2026-04-17	Bawel Zachary W	Director	Open market purchase	Common Stock	43.58 USD	USD	22.95	1000.161 USD	Open filing
2026-04-15	2026-04-17	SHEIDLER JACK	Director	Open market purchase	Common Stock	43.58 USD	USD	25.24	1099.9591999999998 USD	Open filing
2026-09-15	2026-09-16	Ryan Christina M	Director	Open market purchase	Common Stock	49.89 USD	USD	124.27	6199.8303 USD	Open filing
2026-09-15	2026-09-16	Bawel Zachary W	Director	Open market purchase	Common Stock	49.89 USD	USD	400.85	19998.4065 USD	Open filing
2026-09-15	2026-09-16	Seger Andrew M	Director	Open market purchase	Common	49.89 USD	USD	150.32	7499.4648 USD	Open filing
2026-08-17	2026-08-18	Seger Andrew M	Director	Open market purchase	Common	51.12 USD	USD	391.25	20000.7 USD	Open filing
2026-08-17	2026-08-18	Ryan Christina M	Director	Open market purchase	Common Stock	51.12 USD	USD	391.25	20000.7 USD	Open filing
2026-08-17	2026-08-18	Bawel Zachary W	Director	Open market purchase	Common Stock	51.12 USD	USD	391.25	20000.7 USD	Open filing
2026-08-17	2026-08-18	KELLY JASON M	Director	Open market purchase	Common Stock	51.12 USD	USD	48.91	2500.2791999999995 USD	Open filing
2026-07-16	2026-07-17	Ryan Christina M	Director	Open market purchase	Common Stock	47.84 USD	USD	418.08	20000.947200000002 USD	Open filing
2026-07-16	2026-07-17	Bawel Zachary W	Director	Open market purchase	Common Stock	47.84 USD	USD	418.08	20000.947200000002 USD	Open filing
2026-07-16	2026-07-17	Seger Andrew M	Director	Open market purchase	Common	47.84 USD	USD	418.08	20000.947200000002 USD	Open filing
2026-07-16	2026-07-17	Stokes Ronnie R	Director	Open market purchase	Common	47.84 USD	USD	313.56	15000.710400000002 USD	Open filing
2026-07-16	2026-07-17	KELLY JASON M	Director	Open market purchase	Common Stock	47.84 USD	USD	418.08	20000.947200000002 USD	Open filing
2026-10-15	2026-10-16	Bawel Zachary W	Director	Open market purchase	Common Stock	49.6635 USD	USD	344.3173	17100.002228549998 USD	Open filing
2026-10-15	2026-10-16	Ryan Christina M	Director	Open market purchase	Common Stock	49.6635 USD	USD	2.0136	100.00242359999999 USD	Open filing
2026-10-15	2026-10-16	Seger Andrew M	Director	Open market purchase	Common	49.6635 USD	USD	2.0136	100.00242359999999 USD	Open filing

Showing 35 of 35 matching raw-feed row(s) from the current 365-day research window. Prices and reported values remain in the filing currency and its major unit (for example, UK pence are parsed as GBP). The screen-level $ aggregate is separately FX-normalised for research ranking, not a trade-date conversion.

Other disclosed transactions · excluded from score

View 29 other transaction(s)

Mar 16, 2026Shares withheld for tax or exercise price

Dauby D Neil · CHAIRMAN & CEO

Common Stock · 1833.0 shares × 40.07 USD · 73448.31 USD

Open filing

Mar 16, 2026Shares withheld for tax or exercise price

Dauby D Neil · CHAIRMAN & CEO

Common Stock · 1417.0 shares × 40.07 USD · 56779.19 USD

Open filing

Mar 16, 2026Shares withheld for tax or exercise price

Dauby D Neil · CHAIRMAN & CEO

Common Stock · 1637.0 shares × 40.07 USD · 65594.59 USD

Open filing

Unfold all 26 remaining filing row(s)

Transaction date	Published	Filer	Role	Transaction	Instrument	Price (local currency)	Quote currency	Volume	Reported value (local currency)	Source
2026-03-16	2026-03-17	Jackson Amy D	EVP, CHIEF ADMINISTRATIVE OFFI	Shares withheld for tax or exercise price	Common Stock	40.07 USD	USD	530.0	21237.1 USD	Open filing
2026-03-16	2026-03-17	Jackson Amy D	EVP, CHIEF ADMINISTRATIVE OFFI	Shares withheld for tax or exercise price	Common Stock	40.07 USD	USD	474.0	18993.18 USD	Open filing
2026-03-16	2026-03-17	Jackson Amy D	EVP, CHIEF ADMINISTRATIVE OFFI	Shares withheld for tax or exercise price	Common Stock	40.07 USD	USD	623.0	24963.61 USD	Open filing
2026-03-16	2026-03-17	Beckwith Michael F	EVP - CHIEF BANKING OFFICER	Shares withheld for tax or exercise price	Common	40.07 USD	USD	509.0	20395.63 USD	Open filing
2026-03-16	2026-03-17	RUST BRADLEY M	PRESIDENT & CFO	Shares withheld for tax or exercise price	Common Stock	40.07 USD	USD	765.0	30653.55 USD	Open filing
2026-03-16	2026-03-17	RUST BRADLEY M	PRESIDENT & CFO	Shares withheld for tax or exercise price	Common Stock	40.07 USD	USD	576.0	23080.32 USD	Open filing
2026-03-16	2026-03-17	RUST BRADLEY M	PRESIDENT & CFO	Shares withheld for tax or exercise price	Common Stock	40.07 USD	USD	813.0	32576.91 USD	Open filing
2026-03-04	2026-03-06	Powell Warren Scott	EVP CHIEF CREDIT OFFICER	Grant or award	Common	0.0 USD	USD	3174.0	0.0 USD	Open filing
2026-03-04	2026-03-06	Beckwith Michael F	EVP - CHIEF BANKING OFFICER	Grant or award	Common	0.0 USD	USD	4647.0	0.0 USD	Open filing
2026-03-04	2026-03-06	RUST BRADLEY M	PRESIDENT & CFO	Grant or award	Common Stock	0.0 USD	USD	6800.0	0.0 USD	Open filing
2026-03-04	2026-03-06	Arnett Bradley C	EVP, CHIEF LEGAL OFFICER	Grant or award	Common	0.0 USD	USD	3570.0	0.0 USD	Open filing
2026-03-04	2026-03-06	Schuler Vicki L	SVP, PRINCIPAL ACCT OFF, CONTR	Grant or award	Common Stock	0.0 USD	USD	684.0	0.0 USD	Open filing
2026-03-04	2026-03-06	Jackson Amy D	EVP, CHIEF ADMINISTRATIVE OFFI	Grant or award	Common Stock	0.0 USD	USD	4307.0	0.0 USD	Open filing
2026-03-04	2026-03-06	Dauby D Neil	CHAIRMAN & CEO	Grant or award	Common Stock	0.0 USD	USD	12466.0	0.0 USD	Open filing
2025-12-01	2026-01-05	McComb Gregory Scott	Director	Bona fide gift	Common	0.0 USD	USD	1415.0	0.0 USD	Open filing
2026-06-29	2026-07-01	Stokes Ronnie R	Director	Grant or award	Common	0.0 USD	USD	1168.0	0.0 USD	Open filing
2026-06-29	2026-07-01	Seger Andrew M	Director	Grant or award	Common	0.0 USD	USD	1168.0	0.0 USD	Open filing
2026-06-29	2026-07-01	Ryan Christina M	Director	Grant or award	Common Stock	0.0 USD	USD	1168.0	0.0 USD	Open filing
2026-06-29	2026-07-01	Root M. Darren	Director	Grant or award	Common Stock	0.0 USD	USD	1168.0	0.0 USD	Open filing
2026-06-29	2026-07-01	McComb Gregory Scott	Director	Grant or award	Common	0.0 USD	USD	1168.0	0.0 USD	Open filing
2026-06-29	2026-07-01	KELLY JASON M	Director	Grant or award	Common Stock	0.0 USD	USD	1168.0	0.0 USD	Open filing
2026-06-29	2026-07-01	Fine Marc D	Director	Grant or award	Common Stock	0.0 USD	USD	1168.0	0.0 USD	Open filing
2026-06-29	2026-07-01	Ellspermann Susan J	Director	Grant or award	Common Stock	0.0 USD	USD	1168.0	0.0 USD	Open filing
2026-06-29	2026-07-01	Curry Angela	Director	Grant or award	Common Stock	0.0 USD	USD	1168.0	0.0 USD	Open filing
2026-06-29	2026-07-01	Bawel Zachary W	Director	Grant or award	Common Stock	0.0 USD	USD	1168.0	0.0 USD	Open filing
2026-06-29	2026-07-01	Wagler Tyson J	Director	Grant or award	Common Stock	0.0 USD	USD	1168.0	0.0 USD	Open filing

Showing 29 of 29 matching raw-feed row(s) from the current 365-day research window. Prices and reported values remain in the filing currency and its major unit (for example, UK pence are parsed as GBP). The screen-level $ aggregate is separately FX-normalised for research ranking, not a trade-date conversion.

Snapshot & identity

Snapshot date: 2026-10-18
Ticker: GABC
ISIN: —
Sector: Financial Services
Industry: —

Company logos by Parqet

How to read Form 4 transaction codes

Code	Interpretation	Screen treatment
P	Open-market / private purchase	Buy evidence when the security is qualifying equity
S	Sale	Sell evidence when the security is qualifying equity
A	Grant / award	Context only
F	Tax-related withholding	Context only
M	Option exercise	Context only
G	Gift	Context only
J / L	Other / non-directional	Context only

P/S rows for options, warrants, compensation units and debt remain visible for audit but are excluded from equity scores and quotes.

GERMAN AMERICAN BANCORP, INC.

WHY THIS SIGNAL?

Score anatomy

What is holding the score back?

BUYING PROFILE

Buying concentration

Key purchase quotes (filing currency)

Cluster breakdown (does not change the score)

What the filings show

Insider vs stock price

If you had followed the purchase

Insider timeline

This company: insiders buying per month, last 12 months

Who traded

Two readings of this buying

Where the evidence comes from

Bull case · the buying is informative

Bear case · discount it

Evidence still missing

Signal score history

Recent recorded points

Sector context

Insider profile outcomes

Signal outcomes

Market context

PRICE PERFORMANCE

VOLATILITY & LIQUIDITY

VALUATION

FUNDAMENTALS

Insiders' buying price vs the latest close

Buying size vs market trading

Latest news

Regulatory filings

Results and insider purchases

Ownership and trading-plan context

Filing evidence

Other disclosed transactions · excluded from score

Snapshot & identity

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How to read Form 4 transaction codes