German American Bancorp, Inc.
US ˙ NasdaqGS ˙ US3738651047

SecurityGABC / German American Bancorp, Inc.
InsiderSusan J Ellspermann
This page shows the track record and history of Ellspermann Susan J insider trades in German American Bancorp, Inc.. The SEC defines Insiders as officers, directors, or significant investors (greater than 10% ownership) in a company. It is illegal for insiders to make trades in their companies based on material, non-public information ("MNPI"). This does not mean it is illegal for them to make any trades in their own companies. However, they must report all trades to the SEC via a Form 4.
Insider Purchases - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made by Susan J Ellspermann in GABC / German American Bancorp, Inc.. This analysis helps to understand if the insider consistently generates abnormal returns, and is worth following. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market purchases that were not part of an automatic trading plan.

Trade Date Reported
Shares		 Reported
Price		 Adjusted
Shares		 Adjusted
Price		 Cost Basis Days to
Max		 Price at
Max		 Max
Profit ($)		 Max Return (%)
2025-09-15 223 40.8578 223 40.8578 9,100 3 41.4600 104 1.14
2025-08-15 503 39.7361 503 39.7361 20,000
2025-07-15 494 40.4917 494 40.4917 20,000
2025-06-15 45 37.7829 45 37.7829 1,700
2025-05-15 21 39.7049 21 39.7049 850
2025-03-15 44 38.9800 44 38.9800 1,700
2025-02-15 42 40.3500 42 40.3500 1,696
2024-12-15 38 44.3800 38 44.3800 1,700
2024-11-15 19 45.3050 19 45.3050 850
2024-10-15 21 40.7500 21 40.7500 850
2024-09-15 21 39.5900 21 39.5900 850
2024-08-15 349 38.2696 349 38.2696 13,350
2024-07-15 526 37.9900 526 37.9900 19,997
2024-06-15 53 32.1900 53 32.1900 1,700
2024-05-15 52 33.0000 52 33.0000 1,700
2024-03-15 53 32.3800 53 32.3800 1,700
2024-02-15 52 32.5900 52 32.5900 1,700
2023-12-15 49 34.4682 49 34.4682 1,700
2023-11-20 86 29.6700 86 29.6700 2,550
2023-10-15 32 26.8201 32 26.8201 850
2023-09-15 59 28.8100 59 28.8100 1,700
2023-08-15 256 29.5100 256 29.5100 7,549
2023-07-15 723 27.6721 723 27.6721 20,000
2023-06-15 57 29.6664 57 29.6664 1,691
2023-05-15 32 26.9500 32 26.9500 850
2023-04-17 28 30.8500 28 30.8500 850
2023-03-15 76 33.4988 76 33.4988 2,550
2023-02-15 43 39.5099 43 39.5099 1,699
2023-01-17 45 37.7300 45 37.7300 1,700
2022-12-15 47 36.5121 47 36.5121 1,700
2022-11-15 22 39.4520 22 39.4520 868
2022-10-15 24 37.6185 24 37.6185 903
2022-09-15 45 37.4500 45 37.4500 1,700
2022-08-15 216 38.9200 216 38.9200 8,407
2022-07-15 583 34.2900 583 34.2900 19,991
2022-06-15 24 35.6900 24 35.6900 857
2022-05-16 24 34.8200 24 34.8200 836
2022-04-18 69 36.9200 69 36.9200 2,547
2022-02-15 43 39.5300 43 39.5300 1,700
2022-01-18 21 41.3700 21 41.3700 869
2021-12-15 43 39.7200 43 39.7200 1,708
2021-11-15 41 41.7167 41 41.7167 1,710
2021-10-15 43 39.7900 43 39.7900 1,711
2021-09-15 189 35.4815 189 35.4815 6,706
2021-08-16 518 38.6000 518 38.6000 19,995

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

GABC / German American Bancorp, Inc. Insider Trades
Insider Sales - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made by Susan J Ellspermann in GABC / German American Bancorp, Inc.. A consistent pattern of loss avoidance may suggest that future sale transactions may predict declines in price. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market purchases that were not part of an automatic trading plan.

Trade Date Reported
Shares		 Reported
Price		 Adjusted
Shares		 Adjusted
Price		 Cost Basis Days to
Min		 Price at
Min		 Max Loss
Avoided ($)		 Max Loss
Avoided (%)
There are no known unplanned open-market trades for this insider

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

GABC / German American Bancorp, Inc. Insider Trades
Insider Transaction History
File
Date		 Trade
Date		 Form Insider Ticker Security Title Code 10b5-1 Direct Exercise
Price		 Unit
Price		 Units
Changed		 Value
Changed (1K)		 Remaining
Options		 Remaining
Shares
2025-09-17 2025-09-15 4 Ellspermann Susan J GABC Common Stock P - Purchase D 40.8578 223 9 11,510
2025-08-19 2025-08-15 4 Ellspermann Susan J GABC Common Stock P - Purchase D 39.7361 503 20 11,219
2025-07-17 2025-07-15 4 Ellspermann Susan J GABC Common Stock P - Purchase D 40.4917 494 20 10,716
2025-07-02 2025-06-30 4 Ellspermann Susan J GABC Common Stock A - Award D 1,298 10,222
2025-06-17 2025-06-15 4 Ellspermann Susan J GABC Common Stock P - Purchase D 37.7829 45 2 8,924
2025-05-16 2025-05-15 4 Ellspermann Susan J GABC Common Stock P - Purchase D 39.7049 21 1 8,824
2025-03-18 2025-03-15 4 Ellspermann Susan J GABC Common Stock P - Purchase D 38.9800 44 2 8,794
2025-02-19 2025-02-15 4 Ellspermann Susan J GABC Common Stock P - Purchase D 40.3500 42 2 8,704
2024-12-17 2024-12-15 4 Ellspermann Susan J GABC Common Stock P - Purchase D 44.3800 38 2 8,662
2024-11-18 2024-11-15 4 Ellspermann Susan J GABC Common Stock P - Purchase D 45.3050 19 1 8,587
2024-10-17 2024-10-15 4 Ellspermann Susan J GABC Common Stock P - Purchase D 40.7500 21 1 8,568
2024-09-17 2024-09-15 4 Ellspermann Susan J GABC Common Stock P - Purchase D 39.5900 21 1 8,547
2024-08-19 2024-08-15 4 Ellspermann Susan J GABC Common Stock P - Purchase D 38.2696 349 13 8,486
2024-07-30 2024-07-15 4/A Ellspermann Susan J GABC Common Stock P - Purchase D 37.9900 526 20 8,137
2024-07-17 2024-07-15 4 Ellspermann Susan J GABC Common Stock P - Purchase D 37.9900 526 20 8,137
2024-06-26 2024-06-25 4 Ellspermann Susan J GABC Common Stock A - Award D 1,204 7,610
2024-06-18 2024-06-15 4 Ellspermann Susan J GABC Common Stock P - Purchase D 32.1900 53 2 6,406
2024-05-17 2024-05-15 4 Ellspermann Susan J GABC Common Stock P - Purchase D 33.0000 52 2 6,313
2024-03-19 2024-03-15 4 Ellspermann Susan J GABC Common Stock P - Purchase D 32.3800 53 2 6,261
2024-02-20 2024-02-15 4 Ellspermann Susan J GABC Common Stock P - Purchase D 32.5900 52 2 6,168
2023-12-19 2023-12-18 4 Ellspermann Susan J GABC Common Stock A - Award D 1,195 6,116
2023-12-19 2023-12-15 4 Ellspermann Susan J GABC Common Stock P - Purchase D 34.4682 49 2 4,921
2023-11-22 2023-11-20 4 Ellspermann Susan J GABC Common Stock P - Purchase D 29.6700 86 3 4,837
2023-10-18 2023-10-15 4 Ellspermann Susan J GABC Common Stock P - Purchase D 26.8201 32 1 4,752
2023-09-20 2023-09-15 4/A Ellspermann Susan J GABC Common Stock P - Purchase D 28.8100 59 2 4,720
2023-09-19 2023-09-15 4 Ellspermann Susan J GABC Common Stock P - Purchase D 28.8100 59 2 4,720
2023-08-17 2023-08-15 4 Ellspermann Susan J GABC Common Stock P - Purchase D 29.5100 256 8 4,629
2023-07-19 2023-07-15 4 Ellspermann Susan J GABC Common Stock P - Purchase D 27.6721 723 20 4,373
2023-06-20 2023-06-15 4 Ellspermann Susan J GABC Common Stock P - Purchase D 29.6664 57 2 3,650
2023-05-17 2023-05-15 4 Ellspermann Susan J GABC Common Stock P - Purchase D 26.9500 32 1 3,568
2023-04-19 2023-04-17 4 Ellspermann Susan J GABC Common Stock P - Purchase D 30.8500 28 1 3,537
2023-03-17 2023-03-15 4 Ellspermann Susan J GABC Common Stock P - Purchase D 33.4988 76 3 3,509
2023-02-17 2023-02-15 4 Ellspermann Susan J GABC Common Stock P - Purchase D 39.5099 43 2 3,416
2023-01-19 2023-01-17 4 Ellspermann Susan J GABC Common Stock P - Purchase D 37.7300 45 2 3,373
2022-12-20 2022-12-19 4 Ellspermann Susan J GABC Common Stock A - Award D 689 3,328
2022-12-20 2022-12-15 4 Ellspermann Susan J GABC Common Stock P - Purchase D 36.5121 47 2 2,628
2022-11-21 2022-11-15 4 Ellspermann Susan J GABC Common Stock P - Purchase D 39.4520 22 1 2,581
2022-10-19 2022-10-15 4 Ellspermann Susan J GABC Common Stock P - Purchase D 37.6185 24 1 2,560
2022-09-19 2022-09-15 4 Ellspermann Susan J GABC Common Stock P - Purchase D 37.4500 45 2 2,536
2022-08-17 2022-08-15 4 Ellspermann Susan J GABC Common Stock P - Purchase D 38.9200 216 8 2,481
2022-07-20 2022-07-15 4 Ellspermann Susan J GABC Common Stock P - Purchase D 34.2900 583 20 2,265
2022-06-17 2022-06-15 4 Ellspermann Susan J GABC Common Stock P - Purchase D 35.6900 24 1 1,682
2022-05-18 2022-05-16 4 Ellspermann Susan J GABC Common Stock P - Purchase D 34.8200 24 1 1,651
2022-04-20 2022-04-18 4 Ellspermann Susan J GABC Common Stock P - Purchase D 36.9200 69 3 1,627
2022-02-25 2022-02-15 4 Ellspermann Susan J GABC Common Stock P - Purchase D 39.5300 43 2 1,553
2022-01-21 2022-01-18 4 Ellspermann Susan J GABC Common Stock P - Purchase D 41.3700 21 1 1,510
2021-12-30 2021-12-20 4 Ellspermann Susan J GABC Common Stock A - Award D 652 1,489
2021-12-20 2021-12-15 4 Ellspermann Susan J GABC Common Stock P - Purchase D 39.7200 43 2 837
2021-11-17 2021-11-15 4 Ellspermann Susan J GABC Common Stock P - Purchase D 41.7167 41 2 791
2021-10-20 2021-10-15 4 Ellspermann Susan J GABC Common Stock P - Purchase D 39.7900 43 2 750
2021-09-17 2021-09-15 4 Ellspermann Susan J GABC Common Stock P - Purchase D 35.4815 189 7 707
2021-08-18 2021-08-16 4 Ellspermann Susan J GABC Common Stock P - Purchase D 38.6000 518 20 518
P
Köp på öppna marknaden eller privat köp av icke-derivatsäkerhet
S
Köp på öppna marknaden eller privat försäljning av icke-derivatsäkerhet
A
Bevilja, tilldelning eller annat förvärv av värdepapper från företaget (såsom en option)
C
Omvandling av derivat
D
Försäljning eller överföring av värdepapper tillbaka til företaget
F
Betalning av lösenpris eller skatteskuld med del av värdepapper som erhållits från bolaget
G
Överlåtelse av värdepapper från eller till insidern
K
Aktieswappar och liknande säkringsaffärer
M
Utövande eller omvandling av derivatsäkerhet som erhållits från företaget (som en option)
V
En transaktion friviligt rapporterad på schema 4
J
Andra (med en fotnot som beskriver transaktionen)