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EdgarHawk

Bawel Zachary W

Director

Director

Latest: Director buying · April 2026

18 filings analyzed · 1 company · Latest 2026-04-17

Companies

Company Buys Sells Direction
GERMAN AMERICAN BANCORP, INC. GABC 18 0 Net buying

Activity

April 2026
Buy
23 shares
$1,000
Significance 4/10

Director Bawel purchased 22 shares of GABC at $43.58; stock now $44.14, +13.0% in 30 days, amid strong financials (P/E 12.83, +37.8% revenue growth).

Director Zachary W Bawel acquired 22 shares of German American Bancorp at $43.58 on 2026-04-15, a modest $1,000.00 purchase that increased his holdings to 24,508 shares. The stock has appreciated 13.0% over the 30 days following this transaction and trades at $44.14, near its 52-week high of $44.43. At the same ticker, his prior 2 measurable trades at GABC showed well-timed 90-day outcomes (buy on 2026-01-15: +7.2%, buy on 2025-10-15: +0.3%), consistent with a 2-of-3 timing pattern at this security. The company's fundamentals remain strong: P/E of 12.83, annual revenue growth of +37.8%, net income of $35,074,000.00, and a market cap of $1,655,097,143.18. The transaction's small size relative to his 24.5K-share position and the near-peak stock valuation suggest this is an incremental holding decision rather than a material conviction statement.

March 2026
medium
Buy
25 shares
$1,000
Significance 4/10

Director Zachary W Bawel buys 24 GABC shares at $40.48; stock down 10.4% from 52-week high amid insider cluster activity

Bawel acquired 24 shares of GERMAN AMERICAN BANCORP, INC. at $40.48 on 2026-03-17, a modest addition to his 24.5K share position. The purchase occurs as the stock trades at $39.75, down 10.4% from its 52-week high of $44.37 and down 8.0% over the past 30 days. His prior trades at GABC show mixed results: of 5 prior open-market purchases at this ticker, only 1 of 3 measurable trades achieved a positive 90-day return. Against his cross-ticker track record of 20 prior buys averaging +0.7% over 90 days with a 50% win rate, this purchase aligns with a pattern of frequent buying. Most notably, 4 other insiders also bought GABC within the past 14 days, establishing a cluster buy pattern. The underlying business shows strength—annual revenue growth of +37.8% with a P/E of 11.56—but the stock's recent price weakness and the director's modest commitment relative to existing holdings reflect muted conviction at current levels.

January 2026
medium
Buy
49 shares
$2,000
Significance 4/10

Director Zachary W Bawel bought 49 shares of GABC at $40.60; cluster buy pattern with 2 other insiders in past 14 days

Director Bawel purchased 49 shares at $40.60 on 2026-01-15, a modest addition that increases his holdings to 24,303 shares (+0.2% vs pre-transaction). The transaction occurs alongside 2 other insider purchases within the past 14 days, forming a cluster buy pattern. At the current price of $40.31, the stock has declined 2.5% in 30 days and sits -3.9% from its 52-week high of $41.96, though it is up 5.6% over 90 days. Within his same-ticker history at GABC, Bawel's prior four measurable buys delivered mixed results: one well-timed at the 90-day mark (2025-06-15, +8.3% return), while three others showed negative or muted 90-day returns. The company's fundamentals remain solid with annual revenue growth of +11.6%, a P/E of 15.10, and net income of $35.1M on revenue of $126.5M.

October 2025
medium
Buy
155 shares
$6,050
Significance 6/10

Director Bawel Zachary W bought 155 GABC shares at $38.97 on 2025-10-15; stock down 19.2% from 52-week high; 3 other insiders bought within 14 days.

Bawel purchased 155 shares at $38.97, adding to his 23,937-share position as part of a cluster: 3 other insiders also bought within the past 14 days. The current price of $37.65 is down 19.2% from the 52-week high of $46.57, creating a depressed valuation environment. At GABC specifically, his prior trades show mixed near-term results (30-day returns ranging from -5.9% to +4.9%), though 2 of 3 measurable 90-day outcomes were positive. The company's fundamentals remain solid: annual revenue growth of +11.6%, P/E of 16.37, and net income of $31,361,000.00 in the latest quarter. The coordinated buying by multiple insiders during a price downturn warrants investor attention to whether insiders perceive value at these depressed levels.

September 2025
high
Buy
490 shares
$20,000
Significance 6/10

Director Bawel buys 489 GABC shares at $40.86; cluster pattern with 4 other insiders buying in 14 days

Director Zachary W Bawel purchased 489 shares of German American Bancorp at $40.86 on 2025-09-15, increasing his holdings to 23,937 shares. This transaction occurs within a broader cluster pattern—4 other insiders also bought within the past 14 days—suggesting coordinated or independent confidence at similar valuation levels. At the same-ticker level, Bawel's prior purchases show mixed 90-day outcomes: 2 of 3 measurable trades were well-timed (June and May buys returned +8.3% and +1.5% respectively), though his most recent same-ticker buy on 2025-08-15 has only 30-day data available. The company's fundamentals show solid recent performance with net income of $31.4M and annual revenue growth of +11.6%, though the stock is currently trading at $40.44, down -13.2% from its 52-week high of $46.57. The convergence of multiple insider purchases at a similar price point, combined with reasonable medium-term fundamentals, warrants monitoring of how the broader insider cohort's timing unfolds over the coming months.

August 2025
high
Buy
503 shares
$20,000
Significance 6/10

Director Bawel Zachary W bought 503 GABC shares at $39.74 ($20.0K); cluster of 4 other insiders also bought in past 14 days.

Director Bawel Zachary W purchased 503 shares of German American Bancorp at $39.74 on 2025-08-15, bringing his holdings to 23,300 shares (+2.2% net change). This transaction occurs within a coordinated cluster pattern, with 4 other insiders also buying within the past 14 days. At the same-ticker level, his prior 5 trades at GABC show mixed outcomes: only 1 of 3 prior buys achieved positive 90-day returns, and the most recent buy (2025-07-15) is showing -1.1% at 30 days. The stock currently trades at $40.02, near its purchase price, and sits -14.1% from its 52-week high of $46.57. The company's fundamentals remain solid with $123.2M quarterly revenue, $31.4M net income, and +11.6% annual revenue growth at a 17.40 P/E ratio. The synchronized buying by multiple insiders warrants investor attention as a potential directional signal, though the director's historical timing accuracy at this ticker has been inconsistent.

July 2025
medium
Buy
494 shares
$20,000
Significance 5/10

Director Zachary W Bawel bought 493 GABC shares at $40.49; cluster of 4 other insiders bought within 14 days.

Bawel, a Director, purchased 493 shares on 2025-07-15 for $20,000.00, increasing his stake to 22,797 shares (+2.2%). The transaction occurred as part of a cluster buy pattern—4 other insiders also purchased GABC shares within the past 14 days. At his prior trades at GABC over the past six months, 0 of 3 measurable 90-day outcomes showed positive returns (timing win rate 0%), suggesting this insider's prior purchases at this ticker have not preceded rallies. The stock has risen 10.7% over the past 30 days and 14.5% over 90 days, outpacing his historical cross-ticker average 90-day return of 2.4%. GABC fundamentals show $111.1M quarterly revenue with 11.6% annual growth and a 20.29 P/E, indicating a stable mid-cap bank. The cluster activity and continued accumulation despite mixed prior outcomes at this ticker merit attention to distinguish between opportunistic buying and broader insider conviction.

June 2025
medium
Buy
45 shares
$1,700
Significance 4/10

Director Bawel bought 44 GABC shares at $37.78; cluster of 4 other insiders bought within 14 days, but stock down 20.8% from 52-week high.

Director Zachary W Bawel purchased 44 shares at $37.78, a modest transaction that increased his holdings to 21,005 shares (+0.2%). The purchase coincides with a cluster pattern: 4 other insiders also bought within the past 14 days. However, the timing context is unfavorable. At the prior buy on 2025-05-15, the stock posted a 30-day return of -5.9%, and at three prior GABC purchases (2025-03-15, 2025-02-15, 2025-01-22), the 90-day returns were -4.1%, -2.0%, and -6.8% respectively. The stock currently sits 20.8% below its 52-week high and is down 6.8% over the past 30 days. Bawel's cross-ticker track record shows a 47.37% 90-day win rate, and at GABC specifically, 0 of 4 prior measurable 90-day buy outcomes were positive. The concurrent cluster buying and the company's solid fundamentals (11.6% annual revenue growth, P/E of 18.34) stand in contrast to the stock's recent price weakness and this insider's poor timing record at this ticker.

May 2025
Buy
21 shares
$850
Significance 3/10

Director Bawel bought 21 GABC shares at $39.70 on 2025-05-15; cluster activity with 2 other insiders in past 14 days

Director Zachary W Bawel purchased 21 shares of German American Bancorp at $39.70, increasing his holdings by 21 shares to 20,826 total. The transaction itself is modest in size (0.1% relative increase), but it occurs within a cluster pattern where 2 other insiders also bought within the past 14 days, suggesting coordinated confidence at current valuations. However, Bawel's prior trading record at this ticker presents a caution: across 5 prior GABC purchases, zero of four measurable 90-day outcomes were positive, with returns ranging from -12.9% to -2.0%, indicating historically poor timing on buys at this specific security. The stock currently trades at $39.53, 15.1% below its 52-week high, and the company shows solid fundamentals with $111.1M quarterly revenue, $10.5M net income, and 11.6% annual revenue growth.

March 2025
medium
Buy
22 shares
$850
Significance 4/10

Director Bawel Zachary W buys 21 GABC shares at $38.98; 4 other insiders also bought within 14 days (cluster pattern)

Bawel Zachary W, a director of German American Bancorp, purchased 21 shares at $38.98 on 2025-03-15, increasing his holdings to 20,796 shares. This transaction occurs as part of a broader cluster with 4 other insiders buying within the past 14 days, suggesting coordinated or responsive purchasing activity. At the same ticker, his prior 5 trades show a 0 of 3 positive 90-day outcomes (timing record: 30-day returns of +12.2%, +0.6%, -2.0%, -11.5%, and -3.9%, with the latter three measuring into negative territory at 90 days). The stock is currently $38.83, down 16.6% from its 52-week high of $46.57, though the company reports solid fundamentals (11.6% annual revenue growth, $21.0M net income on $10.8M quarterly revenue, and a P/E of 18.14). The modest transaction size and repeated purchases during a downtrend without prior success timing warrant monitoring to determine whether the cluster activity reflects institutional conviction or responds to external factors.

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