AG˹ٷ

STOCK TITAN

[Form 4] First Merchants Corp Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Negative)
Form Type
4
Rhea-AI Filing Summary

First Merchants Corp. (FRME) � Form 4 insider activity: Chief Commercial Officer Joseph C. Peterson reported two trades. On 08/03/2025 he disposed of 612 shares at $37.11 under Code F (tax-withholding), reducing his direct stake to 31,333.862 shares. The next day, 08/04/2025, he purchased 8,000 shares at $37.49 (Code A), raising his direct ownership to 39,333.862 shares. The filing clarifies that 25,389.389 of the total are restricted-stock awards. Net of the tax-related disposition, Peterson added 7,388 shares, a roughly 23.6 % increase in his directly held position. No derivative securities were reported, and no other insiders joined the filing.

First Merchants Corp. (FRME) � Attività insider Form 4: Il Chief Commercial Officer Joseph C. Peterson ha dichiarato due operazioni. Il 03/08/2025 ha venduto 612 azioni a $37,11 con Codice F (ritenuta fiscale), riducendo la sua partecipazione diretta a 31.333,862 azioni. Il giorno successivo, 04/08/2025, ha acquistato 8.000 azioni a $37,49 (Codice A), portando la sua proprietà diretta a 39.333,862 azioni. La dichiarazione specifica che 25.389,389 del totale sono azioni con restrizioni. Al netto della vendita legata alle tasse, Peterson ha aggiunto 7.388 azioni, un aumento di circa il 23,6% della sua posizione detenuta direttamente. Non sono stati segnalati titoli derivati e nessun altro insider ha partecipato alla dichiarazione.

First Merchants Corp. (FRME) � Actividad de insiders en Formulario 4: El Director Comercial Joseph C. Peterson reportó dos operaciones. El 03/08/2025 vendió 612 acciones a $37.11 bajo el Código F (retención de impuestos), reduciendo su participación directa a 31,333.862 acciones. Al día siguiente, 04/08/2025, compró 8,000 acciones a $37.49 (Código A), aumentando su propiedad directa a 39,333.862 acciones. La presentación aclara que 25,389.389 del total son acciones restringidas. Neto de la disposición relacionada con impuestos, Peterson sumó 7,388 acciones, un aumento aproximado del 23.6% en su posición directa. No se reportaron valores derivados ni otros insiders en la presentación.

First Merchants Corp. (FRME) � Form 4 내부� 거래 활동: 최고상업책임� Joseph C. Peterson� � 건의 거래� 보고했습니다. 2025� 8� 3� 그는 코드 F(세금 원천징수)� 따라 612주를 주당 $37.11� 처분하여 직접 보유 지분을 31,333.862주로 줄였습니�. 다음 날인 2025� 8� 4일에� 8,000주를 주당 $37.49� 구매(코드 A)하여 직접 보유 지분을 39,333.862주로 늘렸습니�. 신고서에� 전체 � 25,389.389주가 제한 주식 상여임이 명확� 기재되어 있습니다. 세금 관� 처분� 제외하면 Peterson은 7,388주를 추가하여 직접 보유 지분이 � 23.6% 증가했습니다. 파생증권은 보고되지 않았으며, 다른 내부자는 신고서에 포함되지 않았습니�.

First Merchants Corp. (FRME) � Activité des initiés selon le Formulaire 4 : Le directeur commercial Joseph C. Peterson a déclaré deux opérations. Le 03/08/2025, il a cédé 612 actions à 37,11 $ sous le Code F (retenue fiscale), réduisant sa participation directe à 31 333,862 actions. Le lendemain, le 04/08/2025, il a acheté 8 000 actions à 37,49 $ (Code A), portant sa détention directe à 39 333,862 actions. Le dépôt précise que 25 389,389 de ces actions sont des attributions d’actions restreintes. Hors la cession liée à la fiscalité, Peterson a ajouté 7 388 actions, soit une augmentation d’environ 23,6 % de sa position directe. Aucun titre dérivé n’a été déclaré, et aucun autre initié n’a participé au dépôt.

First Merchants Corp. (FRME) � Insider-Aktivitäten gemäß Formular 4: Chief Commercial Officer Joseph C. Peterson meldete zwei Transaktionen. Am 03.08.2025 veräußerte er 612 Aktien zu 37,11 $ unter Code F (steuerliche Einbehaltung), wodurch sein Direktbestand auf 31.333,862 Aktien sank. Am nächsten Tag, dem 04.08.2025, kaufte er 8.000 Aktien zu 37,49 $ (Code A) und erhöhte damit seinen Direktbesitz auf 39.333,862 Aktien. Die Meldung stellt klar, dass 25.389,389 der Gesamtaktien beschränkt sind. Bereinigt um die steuerbedingte Veräußerung hat Peterson 7.388 Aktien hinzugefügt, was einer Steigerung von etwa 23,6 % seiner direkt gehaltenen Position entspricht. Es wurden keine Derivate gemeldet, und keine weiteren Insider waren an der Meldung beteiligt.

Positive
  • Net purchase of 7,388 shares by a senior officer increases direct ownership by ~24 %, signalling confidence.
  • No derivative positions disclosed, reducing complexity and potential overhang.
Negative
  • 612 shares disposed for tax withholding, though routine and immaterial.

Insights

TL;DR: CCO buys 8k FRME shares, lifts stake 24%; modestly positive insider signal, limited immediate valuation impact.

Peterson’s net addition of 7,388 shares suggests personal confidence in First Merchants� outlook following recent earnings season. Although the dollar value (~$300k) is small versus FRME’s ~$2.6 bn market cap, the buy meaningfully lifts his personal exposure. Code F tax withholding is routine and not a bearish indicator. Because no derivatives were exercised and the position is fully direct, alignment with shareholders strengthens. Still, single-insider purchases historically have limited price impact unless followed by cluster buying. Overall, a modestly positive governance and sentiment data point rather than a fundamental catalyst.

First Merchants Corp. (FRME) � Attività insider Form 4: Il Chief Commercial Officer Joseph C. Peterson ha dichiarato due operazioni. Il 03/08/2025 ha venduto 612 azioni a $37,11 con Codice F (ritenuta fiscale), riducendo la sua partecipazione diretta a 31.333,862 azioni. Il giorno successivo, 04/08/2025, ha acquistato 8.000 azioni a $37,49 (Codice A), portando la sua proprietà diretta a 39.333,862 azioni. La dichiarazione specifica che 25.389,389 del totale sono azioni con restrizioni. Al netto della vendita legata alle tasse, Peterson ha aggiunto 7.388 azioni, un aumento di circa il 23,6% della sua posizione detenuta direttamente. Non sono stati segnalati titoli derivati e nessun altro insider ha partecipato alla dichiarazione.

First Merchants Corp. (FRME) � Actividad de insiders en Formulario 4: El Director Comercial Joseph C. Peterson reportó dos operaciones. El 03/08/2025 vendió 612 acciones a $37.11 bajo el Código F (retención de impuestos), reduciendo su participación directa a 31,333.862 acciones. Al día siguiente, 04/08/2025, compró 8,000 acciones a $37.49 (Código A), aumentando su propiedad directa a 39,333.862 acciones. La presentación aclara que 25,389.389 del total son acciones restringidas. Neto de la disposición relacionada con impuestos, Peterson sumó 7,388 acciones, un aumento aproximado del 23.6% en su posición directa. No se reportaron valores derivados ni otros insiders en la presentación.

First Merchants Corp. (FRME) � Form 4 내부� 거래 활동: 최고상업책임� Joseph C. Peterson� � 건의 거래� 보고했습니다. 2025� 8� 3� 그는 코드 F(세금 원천징수)� 따라 612주를 주당 $37.11� 처분하여 직접 보유 지분을 31,333.862주로 줄였습니�. 다음 날인 2025� 8� 4일에� 8,000주를 주당 $37.49� 구매(코드 A)하여 직접 보유 지분을 39,333.862주로 늘렸습니�. 신고서에� 전체 � 25,389.389주가 제한 주식 상여임이 명확� 기재되어 있습니다. 세금 관� 처분� 제외하면 Peterson은 7,388주를 추가하여 직접 보유 지분이 � 23.6% 증가했습니다. 파생증권은 보고되지 않았으며, 다른 내부자는 신고서에 포함되지 않았습니�.

First Merchants Corp. (FRME) � Activité des initiés selon le Formulaire 4 : Le directeur commercial Joseph C. Peterson a déclaré deux opérations. Le 03/08/2025, il a cédé 612 actions à 37,11 $ sous le Code F (retenue fiscale), réduisant sa participation directe à 31 333,862 actions. Le lendemain, le 04/08/2025, il a acheté 8 000 actions à 37,49 $ (Code A), portant sa détention directe à 39 333,862 actions. Le dépôt précise que 25 389,389 de ces actions sont des attributions d’actions restreintes. Hors la cession liée à la fiscalité, Peterson a ajouté 7 388 actions, soit une augmentation d’environ 23,6 % de sa position directe. Aucun titre dérivé n’a été déclaré, et aucun autre initié n’a participé au dépôt.

First Merchants Corp. (FRME) � Insider-Aktivitäten gemäß Formular 4: Chief Commercial Officer Joseph C. Peterson meldete zwei Transaktionen. Am 03.08.2025 veräußerte er 612 Aktien zu 37,11 $ unter Code F (steuerliche Einbehaltung), wodurch sein Direktbestand auf 31.333,862 Aktien sank. Am nächsten Tag, dem 04.08.2025, kaufte er 8.000 Aktien zu 37,49 $ (Code A) und erhöhte damit seinen Direktbesitz auf 39.333,862 Aktien. Die Meldung stellt klar, dass 25.389,389 der Gesamtaktien beschränkt sind. Bereinigt um die steuerbedingte Veräußerung hat Peterson 7.388 Aktien hinzugefügt, was einer Steigerung von etwa 23,6 % seiner direkt gehaltenen Position entspricht. Es wurden keine Derivate gemeldet, und keine weiteren Insider waren an der Meldung beteiligt.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Peterson Joseph C

(Last) (First) (Middle)
200 E JACKSON ST

(Street)
MUNCIE IN 47305

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
FIRST MERCHANTS CORP [ FRME ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Commercial Officer
3. Date of Earliest Transaction (Month/Day/Year)
08/03/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 08/03/2025 F 612 D $37.11 31,333.862 D
Common Stock 08/04/2025 A 8,000 A $37.49 39,333.862(1) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Includes Restricted Stock Awards totaling 25,389.389 shares
Remarks:
Jacob Burkett (Confirming Statement on File) 08/05/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many FRME shares did the CCO buy?

Joseph C. Peterson acquired 8,000 common shares on 08/04/2025 at $37.49 each.

Did the insider sell any shares?

Yes. On 08/03/2025, Peterson disposed of 612 shares at $37.11 to cover taxes (Code F).

What is the insider's total FRME ownership after the transactions?

Peterson now directly owns 39,333.862 shares, including 25,389.389 restricted-stock awards.

Are derivative securities involved in this Form 4?

No derivative securities were reported in Table II.

Why is Code F used in the filing?

Code F indicates shares withheld to satisfy tax obligations related to equity compensation, not an open-market sale.
First Merchants Corp

NASDAQ:FRME

FRME Rankings

FRME Latest News

FRME Latest SEC Filings

FRME Stock Data

2.28B
56.76M
1.55%
80.95%
1.17%
Banks - Regional
National Commercial Banks
United States
MUNCIE