{"schema_version":"secwatch.filing_event.v1","accession":"0000714395-22-000016","form_type":"8-K","ticker":"GABC","cik":"0000714395","company_name":"GERMAN AMERICAN BANCORP, INC.","filed_at":"2022-03-11T23:59:59+00:00","discovered_at":"2026-05-14T18:04:09.517591+00:00","generated_at":"2026-06-26T23:43:39.503822+00:00","sec_items":["5.02"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"German American Bancorp adopts 2022 Management Incentive Plan for named executive officers","bullets":["Short-term cash awards for CEO Dauby up to 87.5% of base salary based on performance levels (good, very good, exceptional).","Long-term awards for executives Dauby, Rust, Braun, Leinenbach tied to 3-year metrics: ROE, ROA, EPS growth.","Performance metrics include EPS growth (25%), efficiency ratio (10%), core deposit growth (15%), loan growth (20%), and non-performing assets ratio (10%).","No awards payable unless 2022 consolidated net income reaches at least $60 million.","Executive Chairman Mark Schroeder not participating due to planned retirement in May 2022."],"urls":{"canonical":"https://secwatch.observer/filing/0000714395-22-000016","json":"https://secwatch.observer/filing/0000714395-22-000016.json","markdown":"https://secwatch.observer/filing/0000714395-22-000016.md","text":"https://secwatch.observer/filing/0000714395-22-000016.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/714395/000071439522000016/0000714395-22-000016-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/714395/000071439522000016/gabc-20220307.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-26T23:43:39.503822+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"4743a1b46c","claim":"Mark A. Schroeder departed as Executive Chairman at GERMAN AMERICAN BANCORP, INC..","evidence_excerpt":"Mark A. Schroeder, the Company’s Executive Chairman and a Named Executive Officer, is expected to retire as an executive officer of the Company in May 2022 and, therefore, is not participating in the 2022 Management Incentive Plan.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/714395/000071439522000016/0000714395-22-000016-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"expected to retire"},{"label":"Role","value":"Executive Chairman"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}