FRME Director Buys 600 Shares at $37.70, Ownership Now 7,170
Director Chiang Mung reported acquiring 600 shares of First Merchants Corp (FRME) common stock on 09/30/2025 at a reported price of $37.70 per share.
Rhea-AI Filing Summary
Director Chiang Mung reported acquiring 600 shares of First Merchants Corp (FRME) common stock on 09/30/2025 at a reported price of $37.70 per share. After the transaction the reporting person is shown as beneficially owning 7,170 shares, which the filing states includes restricted stock awards totaling 7,170 shares. The Form 4 identifies the reporter as a director and the purchase is recorded as a non-derivative acquisition. The filing is a single-person Form 4 reporting a straightforward, open-market or grant-related purchase recorded under transaction code "A."
Positive
- Director acquisition of 600 shares at $37.70 signals continued insider participation
- Total beneficial ownership shown as 7,170 shares, with restricted stock awards disclosed
Negative
- None.
Insights
Insider director acquired a small block of stock; ownership noted as restricted awards.
The director reported buying 600 shares at $37.70 and is shown with 7,170 shares beneficially owned, with the filing explicitly stating those shares include restricted stock awards totaling 7,170. This indicates the position consists largely of awarded restricted shares rather than a large open-market stake. The transaction code is listed as an acquisition, and the filing is by one reporting person.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common | 600 | $37.70 | $23K |
Footnotes (1)
- F1. includes restricted stock awards totaling 7,170 shares
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did FRME director Chiang Mung report on Form 4?
What is the nature of the reported transaction on this Form 4 for FRME?
Is the Form 4 filed by multiple reporting persons for FRME?
What role does the reporting person hold at First Merchants Corp (FRME)?
AI-generated analysis. How Rhea-AI works. Not financial advice.