First Merchants (FRME) CCO logs 1,789-share transaction at $42.34
Rhea-AI Filing Summary
First Merchants Corp’s Chief Commercial Officer, Joseph C. Peterson, reported a transaction in the company’s common stock. On 02/08/2026, 1,789 shares were disposed of in a transaction coded “F” at a price of $42.34 per share.
After this transaction, Peterson beneficially owned 38,025.267 shares of First Merchants common stock, held directly. This total includes 19,889.125 shares of restricted stock awards, as noted in the footnote to the filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,789 shares
Net Sell
1 txn
Insider
Peterson Joseph C
Role
Chief Commercial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 1,789 | $42.34 | $76K |
Holdings After Transaction:
Common Stock — 38,025.267 shares (Direct)
Footnotes (1)
- F1. Includes Restricted Stock Awards totaling 19,889.125 shares
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FAQ
What insider transaction did FRME’s Chief Commercial Officer report?
First Merchants Corp’s Chief Commercial Officer, Joseph C. Peterson, reported disposing of 1,789 shares of common stock. The transaction occurred on 02/08/2026 and was reported as code “F” in the Form 4 insider trading report.
What portion of Joseph C. Peterson’s FRME holdings are restricted stock awards?
The filing notes that Peterson’s holdings include restricted stock awards totaling 19,889.125 shares. These restricted shares form part of his overall 38,025.267 beneficially owned First Merchants common shares reported after the 02/08/2026 transaction.
What does transaction code “F” indicate in the FRME Form 4 filing?
The Form 4 lists the transaction with code “F” for the 1,789 shares disposed on 02/08/2026. Code “F” is the transaction code reported in the filing, identifying the nature of the disposition as categorized under SEC reporting rules.
Is Joseph C. Peterson’s FRME ownership direct or indirect?
The Form 4 shows Joseph C. Peterson’s 38,025.267 First Merchants shares as held with ownership form “D,” meaning direct ownership. No separate indirect ownership entity or disclaimer of beneficial ownership is mentioned in the provided footnote.