First Merchants (NASDAQ: FRME) CIO to sell 4,080 shares

Rhea-AI Filing Summary

First Merchants Corporation (FRME) is the issuer of common stock covered by a notice of proposed sale under Rule 144 filed for the account of Stephan H. Fluhler, Chief Information Officer. The notice relates to a proposed sale of 4,080 shares of First Merchants common stock through E*TRADE Financial Corporation on or after August 19, 2026. These shares were acquired as vested restricted stock awards from First Merchants Corporation, with an acquisition date of August 2, 2026.

Key Figures

Shares proposed to be sold: 4,080 shares Proposed sale date: 08/19/2026 Acquisition date of shares: 08/02/2026 +1 more

4 metrics

Shares proposed to be sold 4,080 shares Common stock of First Merchants Corporation to be sold under Rule 144

Proposed sale date 08/19/2026 Date on or after which the Rule 144 sale may occur

Acquisition date of shares 08/02/2026 Date vested restricted stock awards were granted/acquired

Holder title Chief Information Officer Position of Stephan H. Fluhler at First Merchants Corporation

Key Terms

Rule 144, Restricted Stock Awards, Conforming Statement

3 terms

Rule 144 regulatory

"See the definition of "person" in paragraph (a) of Rule 144."

Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.

Restricted Stock Awards financial

"Vested Restricted Stock Awards | First Merchants Corporation"

Restricted stock awards are company shares given to employees or executives that cannot be sold or transferred until certain conditions — like staying with the company for a set time or meeting performance targets — are met, like a gift that is locked in a safe until rules are satisfied. Investors care because these awards tie management’s pay to company performance, can increase the number of shares outstanding when they become tradable (dilution), and may signal expected future selling pressure or commitment to long-term growth.

Conforming Statement regulatory

"Signature | Paul Cento (Conforming Statement on File)"

FAQ

What does the Form 144 filing for FRME disclose about planned stock sales?

The Form 144 filing discloses a proposed sale of 4,080 shares of First Merchants Corporation common stock under Rule 144. The shares are planned to be sold through E*TRADE Financial Corporation on or after August 19, 2026.

Who is selling First Merchants Corporation (FRME) shares under this Form 144?

The Form 144 is filed for the account of Stephan H. Fluhler, Chief Information Officer of First Merchants Corporation. It covers his intent to sell 4,080 shares of the company’s common stock under Rule 144.

How many FRME shares are proposed to be sold and through which broker?

The filing reports a proposed sale of 4,080 shares of First Merchants Corporation common stock. The planned sales are to be executed through E*TRADE Financial Corporation, which is identified as the broker handling the transaction.

When were the FRME shares to be sold under Form 144 originally acquired?

The 4,080 First Merchants Corporation shares were acquired as vested restricted stock awards on August 2, 2026. The Form 144 identifies this grant date and characterizes the securities as vested restricted stock awards from the issuer.

What trading market is referenced for First Merchants Corporation (FRME) in the Form 144?

The Form 144 references NASDAQ as the trading market for First Merchants Corporation common stock. This indicates where the shares covered by the proposed Rule 144 sale are listed for trading.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 08/19/2026 - 11:22 AM Accepted by SEC EDGAR 08/19/2026 - 11:21 AM Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0001608347
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	First Merchants Corporation
SEC File Number
Address of Issuer	200 E. Jackson Street Muncie INDIANA 47305
Phone	7657471378
Name of Person for Whose Account the Securities are To Be Sold	Stephan H. Fluhler
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Chief Information Officer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common Stock	E*TRADE FINANCIAL CORPORATION 3 Edison Drive Alpharetta GA 30005	4080	176256	62205528	08/19/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common Stock	08/02/2026	Vested Restricted Stock Awards	First Merchants Corporation			4080	08/02/2026	Grant

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks
Date of Notice	08/19/2026
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	Paul Cento (Conforming Statement on File)
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)