Form 4: German American Bancorp Director Christina M. Ryan Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Director Christina M. Ryan reports acquisition and disposal of German American Bancorp (GABC) common stock.

Summary

  • On September 15, 2024, Christina M. Ryan, a director of German American Bancorp, acquired common stock through the company's Dividend Reinvestment and Stock Purchase Plan at a price of $39.59 per share.
  • On September 17, 2024, Ryan disposed of shares.
  • Following these transactions, Ryan directly owns 14,244.6766 shares of German American Bancorp common stock.
  • The reported transaction was effected pursuant to a prior election made by the Reporting Person to use a portion of her director compensation to purchase shares of common stock through participation in the Company's Dividend Reinvestment and Stock Purchase Plan.
  • Includes additional shares purchased pursuant to German American's dividend reinvestment plan.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions, indicating a neutral sentiment.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, which is a common occurrence for publicly traded companies.

Stakeholder Impact

  • The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely minimal.

Key Dates

DateDescription
09/15/2024Director Ryan acquired common stock at $39.59 per share.
09/17/2024Director Ryan disposed of shares.
09/17/2024Date of signature by Attorney-in-Fact.

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