Planned sale of 4,161 First Merchants (NASDAQ: FRME) shares disclosed in Form 144
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
First Merchants Corporation has an investor filing to sell 4,161 shares of its common stock under Rule 144. The planned sale through E*TRADE FINANCIAL CORPORATION has an aggregate market value of 174345.9 and is expected around 02/10/2026 on NASDAQ.
These 4,161 shares were originally acquired on 02/08/2021 as vested restricted stock awards granted by First Merchants Corporation. The filing notes there are 56,951,939 common shares outstanding, providing context for the size of this planned sale.
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FAQ
What does the Form 144 filing for FRME disclose?
The filing discloses a planned sale of 4,161 First Merchants Corporation common shares. The shares have an aggregate market value of 174345.9 and are expected to be sold on NASDAQ, providing transparency about this prospective Rule 144 transaction.