Form 4: German American Bancorp Director Bawel Acquires and Disposes of Shares
SEC Form 4 Filing
Director Zachary W. Bawel reports changes in beneficial ownership of German American Bancorp stock, including acquisitions through a dividend reinvestment plan and disposals.
Summary
- On March 15, 2025, Zachary W. Bawel, a director of German American Bancorp, acquired 21.8061 shares of common stock at a price of $38.98 per share.
- On March 15, 2025, Bawel also disposed of 20,796.1953 shares.
- Following these transactions, Bawel beneficially owns 20,796.1953 shares of German American Bancorp.
- The acquisition was made through the company's Dividend Reinvestment and Stock Purchase Plan.
Sentiment
Score: 5
Explanation: Neutral sentiment as the document simply reports transactions without indicating positive or negative outlook.
Positives
- The director's participation in the Dividend Reinvestment Plan demonstrates confidence in the company.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- Shareholders are informed about the director's stock transactions.
Key Dates
| Date | Description |
|---|---|
| 03/15/2025 | Date of transaction: acquisition and disposal of shares. |
| 03/18/2025 | Date of signature by Attorney-in-Fact. |
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