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buyWeak cluster of 5

Susan J Ellspermann bought $2,000 of GABC

director at GERMAN AMERICAN BANCORP, INC.. 49 shares at an average of $40.48, traded Mar 17, 2026, filed Mar 17, 2026.

Conviction score
25
Value
$2,000
49 shares
Holdings after
11,788
+0% from before
From 52-week low
+19%
low $32.89, close $39.23
From 52-week high
-10%
high $43.48, as of Mar 17, 2026

Score components

  • Role
    Director
    +15
  • Trade size
    $2k at market
    0
  • Relative to holdings
    Under 1% of holdings (0.4%)
    -5
  • Price context
    Near the top of the 52-week range
    0
  • Cluster
    5 insiders buying within 14 days
    +15
  • Repeat buying
    2 buys in 90 days
    +5
  • Track record
    Median 6-month excess return -13% over 3 past buys
    -5

What happened after comparable buys

Same side and tier, against the S&P 500, at 1, 3 and 6 months. Shown to Pro users; the whole table is on the backtest page.

This signal so far: 1m +8.6%, 3m +15.0%, 6m +27.0%.

Price around the trade, and since

From a quarter before the trade to today. The arrow is the trade, the circle the day the filing reached EDGAR, which is the first day anyone outside could act; the dotted line is the S&P 500 rebased to that day's close.

GABCOct 9, 2026 · close 48.16
Since filing Mar 17, 2026: +22.8%SPY +16.9% · excess +5.9%

Daily candles, adjusted for splits and dividends. Green arrows are insider buys, red are sells, sized by value; the dashed line is the close on the filing day, the dotted line SPY rebased to it.Charts by TradingView Lightweight Charts™

Rows in this filing

Every transaction in Form 4 0001872989-26-000003, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
Mar 17, 2026POpen-market purchase
Common Stock
+49$40.48$2,00011,788Mar 17, 2026

Related signals

Other insiders at GERMAN AMERICAN BANCORP, INC. and this insider’s other filings.

ScoreCompanyInsiderValueHoldingsFiled
30Weak
GABCbuy 3
GERMAN AMERICAN BANCORP, INC.
Zachary W Bawel
director
$20k
401 shares
+1%
25Weak
GABCbuy 3
GERMAN AMERICAN BANCORP, INC.
Christina M Ryan
director
$6,200
124 shares
+1%
25Weak
GABCbuy 3
GERMAN AMERICAN BANCORP, INC.
Andrew M Seger
director
$7,500
150 shares
+1%
30Weak
GABCbuy 4
GERMAN AMERICAN BANCORP, INC.
Zachary W Bawel
director
$20k
391 shares
+1%
30Weak
GABCbuy 4
GERMAN AMERICAN BANCORP, INC.
Jason M Kelly
director
$2,500
49 shares
+0%
30Weak
GABCbuy 4
GERMAN AMERICAN BANCORP, INC.
Christina M Ryan
director
$20k
391 shares
+2%
40Moderate
GABCbuy 4
GERMAN AMERICAN BANCORP, INC.
Andrew M Seger
director
$20k
391 shares
+2%
30Weak
GABCbuy 5
GERMAN AMERICAN BANCORP, INC.
Zachary W Bawel
director
$20k
418 shares
+2%
30Weak
GABCbuy 5
GERMAN AMERICAN BANCORP, INC.
Jason M Kelly
director
$20k
418 shares
+3%
30Weak
GABCbuy 5
GERMAN AMERICAN BANCORP, INC.
Christina M Ryan
director
$20k
418 shares
+2%

Not investment advice. Scores and forward returns are decision support built from public SEC filings and past prices; they describe what happened after comparable filings, not what will happen after this one. Do your own research and size your risk.

Susan J Ellspermann bought $2,000 of GABC | InsiderTell