Beckwith Michael F 4

What Happened
Michael F. Beckwith, Executive Vice President and Chief Banking Officer of German American Bancorp (GABC), was granted 4,647 restricted shares on March 4, 2026. The shares were awarded at $0.00 per share (no cash consideration), so the reported acquisition value is $0. This was a compensation award (Form 4 code "A"), not an open‑market purchase or sale.

Key Details

• Transaction date: 2026-03-04; Form 4 filed 2026-03-06 (filed two days after the transaction).
• Price: $0.00 per share; total reported value $0.
• Shares awarded: 4,647 restricted common shares.
• Shares owned after transaction: Not specified in this filing.
• Footnote: Grant made under the 2025 Management Incentive Plan; shares vest in three approximately equal installments on March 15 of 2027, 2028, and 2029. No consideration was paid.
• Filing status: Timely (no late‑filing indication in this report).

Context
Restricted stock awards are a common form of executive compensation and are generally subject to forfeiture until they vest; they are not the same as an insider buying stock on the open market and do not necessarily signal immediate bullish trading intent. The award increases Beckwith’s potential future ownership if vesting conditions are met.