First Merchants (FRME) risk chief sells 3,227 shares, holds 20,063

Rhea-AI Filing Summary

First Merchants Corp Chief Risk Officer Eva D. Scurlock reported selling 3,227 shares of common stock on February 6, 2026 at a price of $42.29 per share. After this sale, she beneficially owned 20,063.128 shares, including 2,223.109 shares of restricted stock awards.

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^*

Scurlock Eva D.

(Last) (First) (Middle)

200 EAST 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 Risk Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/06/2026

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	02/06/2026		S		3,227	D	$42.29	20,063.128(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 2,223.109 shares.

Remarks:

	Jacob Burkett (Confirming Statement on File)	02/09/2026
	** 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

What insider transaction did FRME Chief Risk Officer report?

Eva D. Scurlock, Chief Risk Officer of First Merchants Corp (FRME), reported selling 3,227 common shares. The transaction occurred on February 6, 2026, as a sale reported on Form 4, reflecting changes in her directly held beneficial ownership.

At what price were the FRME shares sold by the Chief Risk Officer?

The 3,227 First Merchants Corp shares were sold at $42.29 per share. This reported transaction price applies to the common stock sale on February 6, 2026, and is based on the data disclosed in the Form 4 filing.

How many FRME shares does the Chief Risk Officer own after the sale?

After the sale, Eva D. Scurlock beneficially owned 20,063.128 FRME shares. This total includes her remaining directly held common stock and 2,223.109 shares attributable to restricted stock awards disclosed in the footnote.

Does the FRME Form 4 filing include restricted stock awards?

Yes. The reported holdings include restricted stock awards totaling 2,223.109 shares. This figure is specifically identified in the Form 4 footnote, indicating that part of the Chief Risk Officer’s beneficial ownership consists of restricted stock awards.

Was the FRME Chief Risk Officer’s ownership direct or indirect?

The Form 4 lists the Chief Risk Officer’s post-transaction ownership as direct. The ownership form is shown as “D” for directly held shares, with no separate nature-of-ownership entity described in the provided filing excerpt.

What role does Eva D. Scurlock hold at First Merchants Corp?

Eva D. Scurlock serves as Chief Risk Officer of First Merchants Corp. Her position is identified in the Form 4, which reports her status as an officer of the company and details her recent common stock sale and updated beneficial ownership.