secwatch.observer — SEC 8-K summary
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Issuer:     GERMAN AMERICAN BANCORP, INC. (GABC)
CIK:        0000714395
Form:       8-K
Filed at:   2025-03-21T23:59:59+00:00
Accession:  0000714395-25-000014
Event type: other
Sentiment:  neutral
Materiality: 0.25
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

German American Bancorp discloses 2025 executive incentive plan details
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- Short-term awards for CEO Dauby: 37.5%–87.5% of base salary at good/very good/exceptional performance; other NEOs 26.25%–70%.
- Long-term awards same percentages; weighted 1/3 each on ROE, ROA, and EPS growth over three years ending Dec 2025.
- Short-term performance measures: core EPS growth (25%), core efficiency ratio (10%), organic deposit growth (15%), organic loan growth (20%), NPAs (10%), individual judgment (20%).
- No payout unless 2025 consolidated net income meets Board-set trigger threshold.
- Plan effective March 19, 2025 for NEOs Dauby, Rust, Beckwith, Jackson, Arnett.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/714395/000071439525000014/0000714395-25-000014-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/714395/000071439525000014/gabc-20250319.htm
  HTML page:      https://secwatch.observer/filing/0000714395-25-000014

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer