---
schema_version: "secwatch.filing_event.v1"
accession: "0000714395-23-000020"
form_type: "8-K/A"
ticker: "GABC"
cik: "0000714395"
company_name: "GERMAN AMERICAN BANCORP, INC."
filed_at: "2023-04-06T23:59:59+00:00"
generated_at: "2026-06-17T05:28:27.630655+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# German American Bancorp finalizes compensation for retiring EVP & Chief Banking Officer

## Summary
- Randall L. Braun retired as EVP and Chief Banking Officer effective April 1, 2023, and as bank employee on April 5, 2023.
- Board accelerated vesting of 8,724 restricted stock shares and $60,489 in cash incentive awards as retirement compensation.
- The accelerated awards represent all remaining unvested compensation held by Braun at retirement.

## SEC filing metadata
- accession: 0000714395-23-000020
- form_type: 8-K/A
- ticker: GABC
- cik: 0000714395
- company_name: GERMAN AMERICAN BANCORP, INC.
- filed_at: 2023-04-06T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/714395/000071439523000020/0000714395-23-000020-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/714395/000071439523000020/gabc-20230227.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000714395-23-000020
- JSON: https://secwatch.observer/filing/0000714395-23-000020.json
- Plain text: https://secwatch.observer/filing/0000714395-23-000020.txt

## Key facts
- Executive change
  Randall L. Braun retired as Executive Vice President and Chief Banking Officer at GERMAN AMERICAN BANCORP, INC..
  - Action: retired
  - Role: Executive Vice President and Chief Banking Officer
  source text: As previously disclosed in the Original Report, on March 2, 2023, the Company announced that Randall L. Braun, the Company’s Executive Vice President and Chief Banking Officer, and a named executive officer for the Company’s 2022 fiscal year, would retire from such role effective April 1, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/714395/000071439523000020/0000714395-23-000020-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.