Director Jean L. Wojtowicz receives 715-share FRME stock award (NASDAQ: FRME)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
WOJTOWICZ JEAN L reported acquisition or exercise transactions in this Form 4 filing.
FIRST MERCHANTS CORP director Jean L. Wojtowicz reported receiving a grant of 715 shares of Common Stock on June 30, 2026 at a value of $43.69 per share. After this award, Wojtowicz directly holds a total of 66,731.043 shares, including Restricted Stock Awards totaling 9,976 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
WOJTOWICZ JEAN L
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 715 | $43.69 | $31K |
Holdings After Transaction:
Common Stock — 66,731.043 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 715 shares
Grant valuation price: $43.69 per share
Total shares after transaction: 66,731.043 shares
+1 more
4 metrics
Shares granted
715 shares
Common Stock grant on June 30, 2026
Grant valuation price
$43.69 per share
Value used for the 715-share award
Total shares after transaction
66,731.043 shares
Direct holdings following the grant
Restricted Stock Awards
9,976 shares
Restricted shares included in total holdings
Key Terms
Restricted Stock Awards, Common Stock, Grant, award, or other acquisition
3 terms
Restricted Stock Awards financial
"Includes Restricted Stock Awards totaling 9,976 shares"
Restricted stock awards are company shares given to employees or executives that cannot be sold or transferred until certain conditions — like staying with the company for a set time or meeting performance targets — are met, like a gift that is locked in a safe until rules are satisfied. Investors care because these awards tie management’s pay to company performance, can increase the number of shares outstanding when they become tradable (dilution), and may signal expected future selling pressure or commitment to long-term growth.
Common Stock financial
"security_title: "Common Stock" and 715-share grant disclosure"
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.
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
FAQ
What insider transaction did FRME director Jean L. Wojtowicz report?
Jean L. Wojtowicz reported receiving a grant of 715 shares of FIRST MERCHANTS CORP Common Stock. The acquisition was coded as a grant or award, not an open-market purchase, and reflects additional equity-based compensation rather than a discretionary stock buy.
What was the price used for Jean L. Wojtowicz’s FRME stock grant?
The 715-share grant to Jean L. Wojtowicz was valued at $43.69 per share. This price is typically a fair value reference for compensation reporting and does not necessarily indicate an open-market trade price on the transaction date.
Was Jean L. Wojtowicz’s FRME transaction an open-market buy or a compensation grant?
The filing identifies the transaction as a grant or award acquisition, coded “A,” rather than an open-market purchase. This means the 715 shares were received as part of an equity compensation arrangement, not bought directly in the stock market.