GERMAN AMERN BANCORP INC GABC
COM · Common Stock · CUSIP 373865104
- SectorFinancials
- IndustryState Commercial Banks
- HeadquartersJasper, IN
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($896.1k this quarter). Holder counts are more reliable. Shares outstanding: 37.6m as of 2026-08-01, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $47.43. Options: 2 managers hold calls ($526.8k notional), 0 hold puts (—).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 116 |
| Q4 2022 | 119 |
| Q1 2023 | 118 |
| Q2 2023 | 113 |
| Q3 2023 | 115 |
| Q4 2023 | 121 |
| Q1 2024 | 121 |
| Q2 2024 | 121 |
| Q3 2024 | 137 |
| Q4 2024 | 162 |
| Q1 2025 | 172 |
| Q2 2025 | 168 |
| Q3 2025 | 173 |
| Q4 2025 | 184 |
| Q1 2026 | 182 |
| Q2 2026 | 188 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 63 | 43 |
| Q4 2024 | 82 | 41 |
| Q1 2025 | 93 | 62 |
| Q2 2025 | 77 | 63 |
| Q3 2025 | 75 | 58 |
| Q4 2025 | 85 | 61 |
| Q1 2026 | 82 | 72 |
| Q2 2026 | 93 | 63 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $392.7k | $0 | 0.00 |
| Q4 2025 | $356.5k | $0 | 0.00 |
| Q1 2026 | $639.4k | $0 | 0.00 |
| Q2 2026 | $526.8k | $0 | 0.00 |
Biggest buyers
| BlackRock, Inc. | Added | +288.8k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | Added | +117.6k |
| TWO SIGMA INVESTMENTS, LP | Added | +86.3k |
| FRANKLIN RESOURCES INC | Added | +80.0k |
| STATE STREET CORP | Added | +69.3k |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +62.2k |
| DIMENSIONAL FUND ADVISORS LP | Added | +45.2k |
| FIRST TRUST ADVISORS LP | Added | +44.3k |
| VANGUARD PORTFOLIO MANAGEMENT LLC | Added | +36.1k |
| ROYCE & ASSOCIATES LP | Added | +34.1k |
Biggest sellers
| Qube Research & Technologies Ltd | Reduced | -146.5k |
| Champlain Investment Partners, LLC | Reduced | -105.8k |
| DEPRINCE RACE & ZOLLO INC | Reduced | -92.8k |
| CITADEL ADVISORS LLC | Reduced | -64.5k |
| JANE STREET GROUP, LLC | Sold out | -62.9k |
| HRT FINANCIAL LP | Sold out | -61.1k |
| MILLENNIUM MANAGEMENT LLC | Sold out | -43.0k |
| Russell Investments Group, Ltd. | Reduced | -37.2k |
| MORGAN STANLEY | Reduced | -34.9k |
| TUDOR INVESTMENT CORP ET AL | Reduced | -33.6k |
Biggest calls
| CITADEL ADVISORS LLC | Added | $512.6k10.8k shares |
| SIMPLEX TRADING, LLC | Added | $14.2k300 shares |
Biggest puts
| None |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution +1.1 pts · filed 2026-07-28 | 7.6% |
| FRANKLIN RESOURCES INC 13G · institution new · filed 2026-04-29 | 5.0% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-26)
Insider purchases and sales since 1 Apr 2026
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2024 | 5 | $8.7k | 0 | — | — |
| Q1 2025 | 6 | $55.9k | 0 | — | — |
| Q2 2025 | 5 | $7.1k | 1 | $99.5k | — |
| Q3 2025 | 7 | $106.8k | 0 | — | — |
| Q4 2025 | 5 | $13.5k | 0 | — | — |
| Q1 2026 | 5 | $12.1k | 0 | — | — |
| Q2 2026 | 5 | $4.1k | 0 | — | — |
| Q3 2026 | 5 | $91.2k | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-09-15 | Bawel Zachary W Director | Bought | $20.0k401 shares |
| 2026-09-15 | Seger Andrew M Director | Bought | $7.5k150 shares |
| 2026-09-15 | Ryan Christina M Director | Bought | $6.2k124 shares |
| 2026-08-17 | Bawel Zachary W Director | Bought | $20.0k391 shares |
| 2026-08-17 | Seger Andrew M Director | Bought | $20.0k391 shares |
| 2026-08-17 | Ryan Christina M Director | Bought | $20.0k391 shares |
| 2026-08-17 | KELLY JASON M Director | Bought | $2.5k49 shares |
| 2026-07-16 | Ryan Christina M Director | Bought | $20.0k418 shares |
| 2026-07-16 | Bawel Zachary W Director | Bought | $20.0k418 shares |
| 2026-07-16 | KELLY JASON M Director | Bought | $20.0k418 shares |
| 2026-07-16 | Seger Andrew M Director | Bought | $20.0k418 shares |
| 2026-07-16 | Stokes Ronnie R Director | Bought | $15.0k314 shares |
| 2026-06-15 | Bawel Zachary W Director | Bought | $1,00022 shares |
| 2026-06-15 | Ryan Christina M Director | Bought | $1,00022 shares |
| 2026-06-15 | Ellspermann Susan J Director | Bought | $1,00022 shares |
| 2026-06-15 | Seger Andrew M Director | Bought | $1,00022 shares |
| 2026-05-15 | Seger Andrew M Director | Bought | $1,00024 shares |
| 2026-04-15 | SHEIDLER JACK Director | Bought | $1.1k25 shares |
| 2026-04-15 | Bawel Zachary W Director | Bought | $1.0k23 shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.00% of their portfolio | 3.0m $142.2m | Added +288.8k |
| FRANKLIN RESOURCES INC 0.02% of their portfolio | 2.0m $93.0m | Added +80.0k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 1.5m $73.3m | Added +21.3k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 1.3m $60.3m | Added +117.6k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 1.3m $60.0m | Added +45.2k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 1.0m $47.6m | Added +62.2k |
| STATE STREET CORP 0.00% of their portfolio | 988.3k $46.9m | Added +69.3k |
| GERMAN AMERICAN BANCORP, INC. 3.39% of their portfolio | 951.4k $45.2m | Reduced -15.5k |
| ROYCE & ASSOCIATES LP 0.22% of their portfolio | 582.5k $27.6m | Added +34.1k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.00% of their portfolio | 529.4k $25.1m | Added +36.1k |
| Champlain Investment Partners, LLC 0.63% of their portfolio | 520.7k $24.7m | Reduced -105.8k |
| RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio | 466.1k $22.1m | Added +1.6k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 457.3k $21.7m | Added +10.9k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 350.1k $16.6m | Added +25.6k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio | 302.7k $14.4m | Reduced -1.9k |
| TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio | 290.7k $13.8m | Added +86.3k |
| Aptus Capital Advisors, LLC 0.10% of their portfolio | 274.0k $13.0m | Added +1.7k |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 249.1k $11.8m | Reduced -37.2k |
| VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio | 246.9k $11.7m | Added +5.7k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 220.0k $10.4m | Added +12.0k |
| Focus Partners Wealth 0.01% of their portfolio | 162.8k $7.7m | Reduced -21.4k |
| MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 0.07% of their portfolio | 160.6k $7.6m | Reduced -9.7k |
| DEPRINCE RACE & ZOLLO INC 0.11% of their portfolio | 140.7k $6.7m | Reduced -92.8k |
| CRAWFORD INVESTMENT COUNSEL INC 0.11% of their portfolio | 138.7k $6.6m | Reduced -1.3k |
| MORGAN STANLEY 0.00% of their portfolio | 122.1k $5.8m | Reduced -34.9k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 110.5k $4.6m | Reduced -25.4k |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 97.6k $4.6m | Added +8.7k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 95.0k $4.5m | Added +44.3k |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 93.6k $4.4m | Reduced -15.6k |
| SEI INVESTMENTS CO 0.00% of their portfolio | 86.4k $4.1m | Reduced -15.0k |
| Nuveen, LLC 0.00% of their portfolio | 82.5k $3.9m | Added +13.1k |
| SG Americas Securities, LLC 0.00% of their portfolio | 74.6k $3.5m | Reduced -213 |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 74.4k $3.5m | Added +9.7k |
| Swiss National Bank 0.00% of their portfolio | 73.5k $3.5m | Reduced -400 |
| TUDOR INVESTMENT CORP ET AL 0.01% of their portfolio | 71.6k $3.4m | Reduced -33.6k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 65.8k $3.1m | Reduced -254 |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 65.6k $3.1m | Added +9.6k |
| WEDGE CAPITAL MANAGEMENT L L P/NC 0.05% of their portfolio | 58.9k $2.8m | Reduced -3.0k |
| Rosenthal | Henry Capital Advisors, Inc. 2.42% of their portfolio | 58.2k $2.8m | Unchanged |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 56.8k $2.7m | Added +18.0k |
| State of New Jersey Common Pension Fund D 0.01% of their portfolio | 56.6k $2.7m | Unchanged |
| Creative Planning 0.00% of their portfolio | 53.8k $2.6m | Added +4.9k |
| CHATHAM CAPITAL GROUP, INC. 0.32% of their portfolio | 52.6k $2.5m | Added +5.6k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 50.3k $2.4m | Added +15.4k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 49.2k $2.3m | Added +4.3k |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 44.2k $2.1m | Added +23.5k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 43.6k $2.1m | Added +13.2k |
| Invesco Ltd. 0.00% of their portfolio | 41.9k $2.0m | Added +518 |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 39.6k $1.9m | Added +4.4k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 38.7k $1.8m | Added +3.8k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio | 37.8k $1.8m | Added +8.9k |
| Glenview Trust Co 0.02% of their portfolio | 37.8k $1.8m | Unchanged |
| Brown Miller Wealth Management, LLC 0.41% of their portfolio | 34.4k $1.6m | Unchanged |
| Fisher Asset Management, LLC 0.00% of their portfolio | 32.5k $1.5m | Reduced -5.3k |
| Balyasny Asset Management L.P. 0.00% of their portfolio | 31.8k $1.5m | Added +7.9k |
| Point72 Asset Management, L.P. 0.00% of their portfolio | 31.8k $1.5m | Added +1.4k |
| Baird Financial Group, Inc. 0.00% of their portfolio | 31.7k $1.5m | Reduced -153 |
| Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio | 31.4k $1.5m | Added +5.2k |
| Legal & General Group Plc 0.00% of their portfolio | 30.9k $1.5m | Reduced -2.7k |
| Cerity Partners LLC 0.00% of their portfolio | 29.2k $1.4m | Added +1.7k |
| XTX Topco Ltd 0.02% of their portfolio | 25.7k $1.2m | Added +16.5k |
| VANGUARD ASSET MANAGEMENT, Ltd 0.00% of their portfolio | 25.3k $1.2m | Unchanged |
| CITIGROUP INC 0.00% of their portfolio | 24.9k $1.2m | Added +12.5k |
| UBS Group AG 0.00% of their portfolio | 24.5k $1.2m | Reduced -11.3k |
| HANTZ FINANCIAL SERVICES, INC. 0.02% of their portfolio | 24.4k $1.2m | Reduced -431 |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 24.2k $1.1m | Unchanged |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.02% of their portfolio | 22.4k $1.1m | Added +4.0k |
| MetLife Investment Management, LLC 0.00% of their portfolio | 21.8k $1.0m | Added +1.5k |
| Quantinno Capital Management LP 0.00% of their portfolio | 20.2k $960.4k | Added +7.8k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 20.2k $959.2k | Reduced -33.2k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 20.1k $955.3k | Reduced -64.5k |
| Valeo Financial Advisors, LLC 0.02% of their portfolio | 19.9k $943.4k | Reduced -313 |
| Wealthquest Corp 0.06% of their portfolio | 19.6k $930.1k | Reduced -19.6k |
| CFC Planning Co LLC 0.53% of their portfolio | 18.9k $898.5k | Unchanged |
| Pettinga Financial Advisors LLC 0.14% of their portfolio | 18.8k $890.6k | Reduced -3.4k |
| Squarepoint Ops LLC 0.00% of their portfolio | 18.6k $884.1k | Reduced -11.2k |
| Engineers Gate Manager LP 0.01% of their portfolio | 17.3k $820.4k | Reduced -7.5k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 17.2k $817.1k | Added +204 |
| DIVERSIFIED TRUST CO 0.01% of their portfolio | 16.2k $767.1k | Reduced -1.0k |
| Jupiter Topco LLC 0.00% of their portfolio | 15.3k $728.9k | First filing |
| Atom Investors LP 0.06% of their portfolio | 15.2k $722.6k | Reduced -7.2k |
| TIMUCUAN ASSET MANAGEMENT INC/FL 0.03% of their portfolio | 15.0k $711.9k | Unchanged |
| Vanguard Global Advisers, LLC 0.00% of their portfolio | 14.6k $694.1k | Unchanged |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 14.5k $686.8k | Added +356 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio | 13.9k $651.2k | Added +1.3k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 13.7k $649.6k | Added +1.1k |
| Kestra Advisory Services, LLC 0.00% of their portfolio | 13.7k $649.0k | New |
| Tidal Investments LLC 0.00% of their portfolio | 13.2k $624.2k | New |
| OLD NATIONAL BANCORP /IN/ 0.01% of their portfolio | 13.1k $621.9k | Added +7.4k |
| FIFTH THIRD BANCORP 0.00% of their portfolio | 12.9k $611.5k | Reduced -2.5k |
| Meeder Advisory Services, Inc. 0.02% of their portfolio | 12.8k $605.1k | Reduced -180 |
| ALPS ADVISORS INC 0.00% of their portfolio | 12.5k $594.1k | Added +157 |
| Sequoia Financial Advisors, LLC 0.00% of their portfolio | 12.5k $592.8k | New |
| JOHNSON INVESTMENT COUNSEL INC 0.00% of their portfolio | 12.2k $578.4k | Unchanged |
| Brevan Howard Capital Management LP 0.01% of their portfolio | 12.1k $573.8k | New |
| Everhart Financial Group, Inc. 0.04% of their portfolio | 11.9k $563.9k | Unchanged |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 11.1k $525.7k | Reduced -1.5k |
| Police & Firemen's Retirement System of New Jersey 0.00% of their portfolio | 11.0k $523.4k | Added +967 |
| Qube Research & Technologies Ltd 0.00% of their portfolio | 10.9k $518.3k | Reduced -146.5k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio | 10.4k $493.5k | Unchanged |