Tiny First Merchants (FRME) insider sale at $40.54 disclosed

Rhea-AI Filing Summary

FIRST MERCHANTS CORP director and First Vice President Larry W. Myers reported a very small open-market sale of Common Stock. On May 5, 2026, he sold 0.407 shares at $40.54 per share and held 109,751 shares directly afterward.

In addition to these direct holdings, he also reported indirect ownership through retirement-related accounts. As of the same date, 71,983 shares were held in a Spousal IRA and 152,281.114 shares were held in a 401k, both reported as indirect ownership.

Insider Trade Summary

Net Seller: 0.407 shares ($16)

Net Sell 3 txns

Insider Myers Larry W

Role First Vice President

Sold 0.407 shs ($16.50)

Type	Security	Shares	Price	Value
Sale	Common Stock	0.407	$40.54	$16.50
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 109,751 shares (Direct, null); Common Stock — 152,281.114 shares (Indirect, 401k)

Footnotes (1)

Key Figures

Shares sold: 0.407 shares Sale price: $40.54 per share Direct holdings after transaction: 109,751 shares +2 more

5 metrics

Shares sold 0.407 shares Open-market sale on May 5, 2026

Sale price $40.54 per share Open-market sale of Common Stock

Direct holdings after transaction 109,751 shares Common Stock held directly after May 5, 2026 sale

Spousal IRA holdings 71,983 shares Indirect ownership via Spousal IRA

401k holdings 152,281.114 shares Indirect ownership via 401k

Key Terms

open-market sale, Common Stock, Spousal IRA, 401k, +1 more

5 terms

open-market sale financial

"sale in open market or private transaction"

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

Common Stock financial

"he sold 0.407 shares at $40.54 per share of Common Stock"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

Spousal IRA financial

"71,983 shares were held in a Spousal IRA"

401k financial

"152,281.114 shares were held in a 401k"

An employer-sponsored retirement savings plan in the United States that lets workers set aside part of their paycheck into investments with tax advantages; some plans also include employer matching contributions, which is like free money added to your savings. It matters to investors because 401(k) balances represent a large pool of household retirement assets that influence personal financial security, investor behavior, and long-term demand for stocks and bonds.

indirect ownership financial

"both positions are reported as indirect ownership"

Form 4 Insider Transactions: What Each Field Means →

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^*

Myers Larry W

(Last) (First) (Middle)

200 E JACKSON ST

(Street)

MUNCIE INDIANA 47305

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
FIRST MERCHANTS CORP [ FRME ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	First Vice President

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/05/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	05/05/2026		S		0.407	D	$40.54	109,751	D
Common Stock								152,281.114	I	401k
Common Stock								71,983	I	Spousal IRA

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:

Remarks:

	Jacob Burkett (Confirming Statement on File)	05/22/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did FRME executive Larry W. Myers report?

Larry W. Myers reported a very small open-market sale of First Merchants Common Stock. On May 5, 2026, he sold 0.407 shares at $40.54 per share and updated his direct and indirect shareholdings accordingly.

How many FRME shares did Larry W. Myers sell and at what price?

He sold 0.407 shares of First Merchants Common Stock at $40.54 per share. This is a minimal open-market transaction, with his direct holdings remaining at 109,751 shares after the sale was completed.

What are Larry W. Myers’ direct FRME holdings after this Form 4?

After the reported transaction, Myers directly holds 109,751 shares of First Merchants Common Stock. This figure reflects his position following the 0.407-share open-market sale disclosed for May 5, 2026.

What indirect FRME holdings does Larry W. Myers report?

He reports indirect ownership of 71,983 shares in a Spousal IRA and 152,281.114 shares in a 401k. Both positions are classified as indirect holdings of First Merchants Common Stock as of the reported date.

What is the role of Larry W. Myers at First Merchants (FRME)?

Larry W. Myers is identified as both a director and an officer of First Merchants, serving as First Vice President. His Form 4 filing reflects transactions and holdings in the company’s Common Stock associated with that insider status.