German American Bancorp, Inc. (GABC) · Insider trading

What German American Bancorp's directors, officers and largest holders bought and sold themselves, from the Form 4 each of them files with the SEC within two business days of a trade. Open-market purchases and sales first: those are the trades somebody chose to make at the market price.

Bought, 12 months

$233,831

7 insiders, 35 trades

Sold, 12 months

0 insiders

Net, 12 months

+$233,831

bought less sold

Latest filing

2026-10-16

filings read to 2026-10-20

Bought and sold at the market, by month

Two years. Purchases above the line, sales below, in dollars.

Bought Sold Largest month: $133,482

Who traded, two years

Insider	Bought	Sold	Trades	Last trade	Holds after
Bawel Zachary WDirector	$161,187	–	19	2026-10-15	27,560
Kelly Jason MDirector	$42,500	$99,459	4	2026-08-17	15,555
Ryan Christina MDirector	$96,770	–	14	2026-10-15	19,735
Seger Andrew MDirector	$76,904	–	12	2026-10-15	20,560
Medley Diane BDirector	$72,682	–	2	2025-08-04	–
Ellspermann Susan JDirector	$63,697	–	14	2026-06-15	11,885
Sheidler JackDirector	$58,906	–	15	2026-04-15	66,930
Stokes Ronnie RDirector	$18,400	–	3	2026-07-16	8,626
Seger Thomas WDirector	$2,550	–	2	2024-12-15	–

Open-market purchases and sales

Newest first. “Plan” marks a trade made under a 10b5-1 plan set up in advance.

Date	Insider	Trade	Shares	Price	Value	Holds after	Filing
2026-10-15	Bawel Zachary WDirector	Buy	344	49.66	$17,100	27,560	Form 4
2026-10-15	Ryan Christina MDirector	Buy	2	49.66	$100	19,735	Form 4
2026-10-15	Seger Andrew MDirector	Buy	2	49.66	$100	20,560	Form 4
2026-09-15	Bawel Zachary WDirector	Buy	401	49.89	$19,998	27,215	Form 4
2026-09-15	Ryan Christina MDirector	Buy	124	49.89	$6,200	19,733	Form 4
2026-09-15	Seger Andrew MDirector	Buy	150	49.89	$7,499	20,558	Form 4
2026-08-17	Bawel Zachary WDirector	Buy	391	51.12	$20,001	26,666	Form 4
2026-08-17	Kelly Jason MDirector	Buy	49	51.12	$2,500	15,555	Form 4
2026-08-17	Ryan Christina MDirector	Buy	391	51.12	$20,001	19,497	Form 4
2026-08-17	Seger Andrew MDirector	Buy	391	51.12	$20,001	20,383	Form 4
2026-07-16	Bawel Zachary WDirector	Buy	418	47.84	$20,001	26,275	Form 4
2026-07-16	Kelly Jason MDirector	Buy	418	47.84	$20,001	15,506	Form 4
2026-07-16	Ryan Christina MDirector	Buy	418	47.84	$20,001	19,106	Form 4
2026-07-16	Stokes Ronnie RDirector	Buy	314	47.84	$15,001	8,626	Form 4
2026-07-16	Seger Andrew MDirector	Buy	418	47.84	$20,001	19,992	Form 4
2026-06-15	Bawel Zachary WDirector	Buy	22	45.55	$1,000	24,689	Form 4
2026-06-15	Ryan Christina MDirector	Buy	22	45.55	$1,000	17,520	Form 4
2026-06-15	Ellspermann Susan JDirector	Buy	22	45.55	$1,000	11,885	Form 4
2026-06-15	Seger Andrew MDirector	Buy	22	45.55	$1,000	18,406	Form 4
2026-05-15	Seger Andrew MDirector	Buy	24	41.84	$1,000	18,368	Form 4
2026-04-15	Sheidler JackDirector	Buy	25	43.58	$1,100	66,930	Form 4
2026-04-15	Bawel Zachary WDirector	Buy	23	43.58	$1,000	24,508	Form 4
2026-03-17	Sheidler JackDirector	Buy	25	40.84	$1,009	66,905	Form 4
2026-03-17	Bawel Zachary WDirector	Buy	25	40.48	$1,000	24,485	Form 4
2026-03-17	Ryan Christina MDirector	Buy	49	40.84	$2,018	17,382	Form 4
2026-03-17	Ellspermann Susan JDirector	Buy	49	40.48	$2,000	11,788	Form 4
2026-03-17	Seger Andrew MDirector	Buy	52	40.48	$2,100	18,345	Form 4
2026-02-15	Seger Andrew MDirector	Buy	23	43.64	$1,000	18,278	Form 4
2026-01-15	Sheidler JackDirector	Buy	25	40.60	$1,000	66,768	Form 4
2026-01-15	Bawel Zachary WDirector	Buy	49	40.60	$2,000	24,303	Form 4
2026-01-15	Ellspermann Susan JDirector	Buy	25	40.60	$1,000	11,664	Form 4
2025-12-15	Ryan Christina MDirector	Buy	48	41.45	$2,000	17,218	Form 4
2025-12-15	Ellspermann Susan JDirector	Buy	24	41.45	$1,000	11,639	Form 4
2025-12-15	Seger Andrew MDirector	Buy	27	41.45	$1,100	18,255	Form 4
2025-11-15	Seger Andrew MDirector	Buy	26	39.05	$1,000	18,213	Form 4
2025-10-15	Sheidler JackDirector	Buy	31	38.97	$1,200	66,629	Form 4
2025-10-15	Bawel Zachary WDirector	Buy	155	38.97	$6,050	24,092	Form 4
2025-10-15	Ryan Christina MDirector	Buy	28	38.97	$1,100	17,052	Form 4
2025-10-15	Ellspermann Susan JDirector	Buy	28	38.97	$1,100	11,538	Form 4
2025-09-15	Sheidler JackDirector	Buy	50	40.86	$2,050	66,598	Form 4

45 more

2025-09-15	Bawel Zachary WDirector	Buy	490	40.86	$20,001	23,937	Form 4
2025-09-15	Ryan Christina MDirector	Buy	2	40.86	$100	17,023	Form 4
2025-09-15	Ellspermann Susan JDirector	Buy	223	40.86	$9,100	11,510	Form 4
2025-09-15	Seger Andrew MDirector	Buy	51	40.86	$2,100	18,187	Form 4
2025-08-15	Ryan Christina MDirector	Buy	503	39.74	$20,002	16,912	Form 4
2025-08-15	Bawel Zachary WDirector	Buy	503	39.74	$20,002	23,301	Form 4
2025-08-15	Ellspermann Susan JDirector	Buy	503	39.74	$20,002	11,219	Form 4
2025-08-15	Sheidler JackDirector	Buy	503	39.74	$20,002	66,441	Form 4
2025-08-15	Seger Andrew MDirector	Buy	503	39.74	$20,002	18,125	Form 4
2025-08-04	Medley Diane BDirector	Buyindirect	882	37.95	$33,472	6,252	Form 4
2025-07-15	Bawel Zachary WDirector	Buy	494	40.49	$19,999	22,798	Form 4
2025-07-15	Ellspermann Susan JDirector	Buy	494	40.49	$19,999	10,716	Form 4
2025-07-15	Kelly Jason MDirector	Buy	494	40.49	$19,999	13,559	Form 4
2025-07-15	Ryan Christina MDirector	Buy	494	40.49	$19,999	16,408	Form 4
2025-07-15	Sheidler JackDirector	Buy	494	40.49	$19,999	65,938	Form 4
2025-06-15	Bawel Zachary WDirector	Buy	45	37.78	$1,700	21,006	Form 4
2025-06-15	Ellspermann Susan JDirector	Buy	45	37.78	$1,700	8,924	Form 4
2025-06-15	Ryan Christina MDirector	Buy	45	37.78	$1,700	14,616	Form 4
2025-06-15	Sheidler JackDirector	Buy	48	37.78	$1,800	64,146	Form 4
2025-06-15	Stokes Ronnie RDirector	Buy	45	37.78	$1,700	5,746	Form 4
2025-05-20	Kelly Jason MDirector	Sale	2,515	39.55	$99,459	11,673	Form 4
2025-05-15	Sheidler JackDirector	Buy	45	39.70	$1,800	64,005	Form 4
2025-05-15	Ellspermann Susan JDirector	Buy	21	39.70	$850	8,824	Form 4
2025-05-15	Bawel Zachary WDirector	Buy	21	39.70	$850	20,826	Form 4
2025-04-15	Sheidler JackDirector	Buy	26	35.95	$950	63,960	Form 4
2025-03-15	Stokes Ronnie RDirector	Buy	44	38.98	$1,700	5,673	Form 4
2025-03-15	Sheidler JackDirector	Buy	46	38.98	$1,800	63,925	Form 4
2025-03-15	Ryan Christina MDirector	Buy	44	38.98	$1,700	14,466	Form 4
2025-03-15	Ellspermann Susan JDirector	Buy	44	38.98	$1,700	8,794	Form 4
2025-03-15	Bawel Zachary WDirector	Buy	22	38.98	$850	20,796	Form 4
2025-02-27	Medley Diane BDirector	Buyindirect	1,000	39.21	$39,210	5,370	Form 4
2025-02-15	Sheidler JackDirector	Buy	45	40.35	$1,796	63,795	Form 4
2025-02-15	Bawel Zachary WDirector	Buy	176	40.35	$7,085	20,651	Form 4
2025-02-15	Ellspermann Susan JDirector	Buy	42	40.35	$1,696	8,704	Form 4
2025-01-22	Sheidler JackDirector	Buy	23	39.04	$900	63,751	Form 4
2025-01-22	Bawel Zachary WDirector	Buy	22	39.04	$850	20,475	Form 4
2024-12-15	Bawel Zachary WDirector	Buy	19	44.38	$850	20,453	Form 4
2024-12-15	Ellspermann Susan JDirector	Buy	38	44.38	$1,700	8,662	Form 4
2024-12-15	Ryan Christina MDirector	Buy	19	44.38	$850	14,335	Form 4
2024-12-15	Seger Thomas WDirector	Buyindirect	38	44.38	$1,700	465,134	Form 4
2024-12-15	Sheidler JackDirector	Buy	38	44.38	$1,700	63,727	Form 4
2024-11-15	Ellspermann Susan JDirector	Buy	19	45.31	$850	8,587	Form 4
2024-11-15	Bawel Zachary WDirector	Buy	19	45.31	$850	20,334	Form 4
2024-11-15	Seger Thomas WDirector	Buyindirect	19	45.31	$850	465,096	Form 4
2024-11-15	Sheidler JackDirector	Buy	40	45.31	$1,800	63,622	Form 4

Grants, exercises and other transactions

Pay, tax and paperwork rather than a choice to trade at the market price. Two years.

40 × grant or award18 × shares withheld for tax2 × gift1 × inherited

Show them

Date	Insider	What	Shares	Price	Holds after	Filing
2026-06-29	Fine Marc DDirector	Grant or award A	+1,168	–	4,865	Form 4
2026-06-29	Root M. DarrenDirector	Grant or award A	+1,168	–	18,895	Form 4
2026-06-29	Bawel Zachary WDirector	Grant or award A	+1,168	–	25,857	Form 4
2026-06-29	Kelly Jason MDirector	Grant or award A	+1,168	–	14,998	Form 4
2026-06-29	Wagler Tyson JDirector	Grant or award A	+1,168	–	2,466	Form 4
2026-06-29	Ryan Christina MDirector	Grant or award A	+1,168	–	18,688	Form 4
2026-06-29	Ellspermann Susan JDirector	Grant or award A	+1,168	–	13,053	Form 4
2026-06-29	Curry AngelaDirector	Grant or award A	+1,168	–	4,936	Form 4
2026-06-29	McComb Gregory ScottDirector	Grant or award A	+1,168	–	16,568	Form 4
2026-06-29	Stokes Ronnie RDirector	Grant or award A	+1,168	–	8,310	Form 4
2026-06-29	Seger Andrew MDirector	Grant or award A	+1,168	–	19,574	Form 4
2026-03-16	Rust Bradley MPRESIDENT & CFO	Shares withheld for tax F	−765	40.07	85,667	Form 4
2026-03-16	Rust Bradley MPRESIDENT & CFO	Shares withheld for tax F	−813	40.07	84,854	Form 4
2026-03-16	Rust Bradley MPRESIDENT & CFO	Shares withheld for tax F	−576	40.07	84,278	Form 4
2026-03-16	Dauby D NeilCHAIRMAN & CEO	Shares withheld for tax F	−1,637	40.07	74,873	Form 4
2026-03-16	Dauby D NeilCHAIRMAN & CEO	Shares withheld for tax F	−1,833	40.07	73,040	Form 4
2026-03-16	Dauby D NeilCHAIRMAN & CEO	Shares withheld for tax F	−1,417	40.07	71,623	Form 4
2026-03-16	Jackson Amy DEVP, CHIEF ADMINISTRATIVE OFFI	Shares withheld for tax F	−530	40.07	18,923	Form 4
2026-03-16	Jackson Amy DEVP, CHIEF ADMINISTRATIVE OFFI	Shares withheld for tax F	−623	40.07	18,300	Form 4
2026-03-16	Jackson Amy DEVP, CHIEF ADMINISTRATIVE OFFI	Shares withheld for tax F	−474	40.07	17,826	Form 4
2026-03-16	Beckwith Michael FEVP - CHIEF BANKING OFFICER	Shares withheld for tax F	−509	40.07	23,220	Form 4
2026-03-04	Rust Bradley MPRESIDENT & CFO	Grant or award A	+6,800	–	86,432	Form 4
2026-03-04	Dauby D NeilCHAIRMAN & CEO	Grant or award A	+12,466	–	76,510	Form 4
2026-03-04	Schuler Vicki LSVP, PRINCIPAL ACCT OFF, CONTR	Grant or award A	+684	–	13,663	Form 4
2026-03-04	Jackson Amy DEVP, CHIEF ADMINISTRATIVE OFFI	Grant or award A	+4,307	–	19,453	Form 4
2026-03-04	Beckwith Michael FEVP - CHIEF BANKING OFFICER	Grant or award A	+4,647	–	23,729	Form 4
2026-03-04	Arnett Bradley CEVP, CHIEF LEGAL OFFICER	Grant or award A	+3,570	–	9,572	Form 4
2026-03-04	Powell Warren ScottEVP CHIEF CREDIT OFFICER	Grant or award A	+3,174	–	12,067	Form 4
2025-12-01	McComb Gregory ScottDirector	Gift G	−1,415	–	15,400	Form 4
2025-07-11	Bawel Zachary WDirector	Inherited W	+2,748	–	2,748	Form 4
2025-06-30	Stokes Ronnie RDirector	Grant or award A	+1,298	–	7,044	Form 4
2025-06-30	McComb Gregory ScottDirector	Grant or award A	+1,298	–	16,815	Form 4
2025-06-30	Bawel Zachary WDirector	Grant or award A	+1,298	–	22,304	Form 4
2025-06-30	Kelly Jason MDirector	Grant or award A	+1,298	–	13,065	Form 4
2025-06-30	Fine Marc DDirector	Grant or award A	+1,298	–	3,697	Form 4
2025-06-30	Ryan Christina MDirector	Grant or award A	+1,298	–	15,914	Form 4
2025-06-30	Sheidler JackDirector	Grant or award A	+1,298	–	65,444	Form 4
2025-06-30	Ellspermann Susan JDirector	Grant or award A	+1,298	–	10,222	Form 4
2025-06-30	Medley Diane BDirector	Grant or award A	+1,298	–	7,275	Form 4
2025-06-30	Curry AngelaDirector	Grant or award A	+1,298	–	3,715	Form 4
2025-06-30	Root M. DarrenDirector	Grant or award A	+1,298	–	17,727	Form 4
2025-06-30	Wagler Tyson JDirector	Grant or award A	+1,298	–	2,502	Form 4
2025-03-17	Barrett Clay MEVP, CHIEF DIGITAL & INFO OFF	Shares withheld for tax F	−483	38.66	11,320	Form 4
2025-03-17	Barrett Clay MEVP, CHIEF DIGITAL & INFO OFF	Shares withheld for tax F	−552	38.66	10,768	Form 4
2025-03-17	Barrett Clay MEVP, CHIEF DIGITAL & INFO OFF	Grant or award A	+2,996	–	13,803	Form 4
2025-03-17	Rust Bradley MPRESIDENT & CFO	Grant or award A	+5,421	–	79,436	Form 4
2025-03-17	Schuler Vicki LSVP, PRINCIPAL ACCT OFF, CONTR	Grant or award A	+558	–	12,841	Form 4
2025-03-17	Dauby D NeilCHAIRMAN & CEO	Shares withheld for tax F	−831	38.66	55,442	Form 4
2025-03-17	Dauby D NeilCHAIRMAN & CEO	Shares withheld for tax F	−1,616	38.66	53,826	Form 4
2025-03-17	Dauby D NeilCHAIRMAN & CEO	Shares withheld for tax F	−1,809	38.66	52,017	Form 4
2025-03-17	Dauby D NeilCHAIRMAN & CEO	Grant or award A	+10,272	–	62,531	Form 4
2025-03-17	Beckwith Michael FEVP - CHIEF BANKING OFFICER	Shares withheld for tax F	−723	38.66	14,680	Form 4
2025-03-17	Beckwith Michael FEVP - CHIEF BANKING OFFICER	Grant or award A	+3,745	–	18,425	Form 4
2025-03-17	Jackson Amy DEVP, CHIEF ADMINISTRATIVE OFFI	Shares withheld for tax F	−519	38.66	11,971	Form 4
2025-03-17	Jackson Amy DEVP, CHIEF ADMINISTRATIVE OFFI	Shares withheld for tax F	−611	38.66	11,360	Form 4
2025-03-17	Jackson Amy DEVP, CHIEF ADMINISTRATIVE OFFI	Grant or award A	+3,396	–	14,763	Form 4
2025-03-17	Arnett Bradley CSVP, CHIEF LEGAL OFFICER	Grant or award A	+2,597	–	5,972	Form 4
2025-03-17	Powell Warren ScottEVP CHIEF CREDIT OFFICER	Grant or award A	+2,597	–	8,160	Form 4
2025-03-12	McComb Gregory ScottDirector	Grant or award A	+403	–	15,517	Form 4
2025-03-12	Stokes Ronnie RDirector	Grant or award A	+403	–	5,629	Form 4
2024-11-14	Seger Thomas WDirector	Gift G	−20,000	–	465,077	Form 4

How to read it

Buy, sale: Code P and S on the form: shares bought or sold in the market, at the market price. The other codes are mostly pay (a grant, an option exercised) or tax (shares the company withheld), and say little about what the insider thinks of the price.
Plan: A sale or purchase under a Rule 10b5-1 plan, set up in advance and running on its own schedule. Since April 2023 the form has a box for it. Much executive selling is planned and says more about diversifying than about the company.
Holds after: The shares the insider still held after the trade, in the form the trade was in (directly, or indirectly through a trust or a fund).
Value: Shares times the price the form reports, which is often an average over several fills on the day.

Read from the SEC's own quarterly data sets of Forms 3, 4 and 5, and from each day's filings since the last one. A correcting amendment replaces the lines it restates. Every row links to its filing. None of this is advice: insiders sell for many reasons, and buy for fewer.

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