secwatch.observer — SEC 8-K summary
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Issuer:     GERMAN AMERICAN BANCORP, INC. (GABC)
CIK:        0000714395
Form:       8-K
Filed at:   2022-06-29T23:59:59+00:00
Accession:  0000714395-22-000030
Event type: leadership
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

German American Bancorp appoints Diane Medley to board; two directors to depart at 2023 meeting
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- Chris A. Ramsey will not stand for re-election at 2023 annual meeting (approx. May 18, 2023); no disagreement.
- Chairman Mark A. Schroeder not eligible for re-election due to mandatory retirement age; both to serve through 2023 meeting.
- Diane B. Medley appointed to board effective July 1, 2022; term expires at 2023 annual meeting; board increased to 13.
- Ms. Medley is Executive Chairman of MCM CPAs & Advisors; will serve on Finance/A&L Management and CRA Committees.
- Director compensation revised: $25K annual retainer, $850 meeting fees, leadership supplements, potential $25K RSU grants.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/714395/000071439522000030/0000714395-22-000030-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/714395/000071439522000030/gabc-20220627.htm
  HTML page:      https://secwatch.observer/filing/0000714395-22-000030

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