At what price was the 806-share stock grant to the FRME director recorded?

The 806-share grant to Jean L. Wojtowicz was recorded at $38.73 per share. This figure comes directly from the Form 4 transaction details and represents the per-share value used to report the equity award in the filing.

First Merchants director granted 806 shares

WOJTOWICZ JEAN L reported acquisition or exercise transactions in this Form 4 filing.

Filing Impact

(Neutral)

Filing Sentiment

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Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

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Form Type

Rhea-AI Filing Summary

WOJTOWICZ JEAN L reported acquisition or exercise transactions in this Form 4 filing.

FIRST MERCHANTS CORP director Jean L. Wojtowicz received a grant of 806 shares of Common Stock on March 31, 2026. The award was valued at $38.73 per share in the filing. After this grant, Wojtowicz directly holds 65,518.866 shares, including Restricted Stock Awards totaling 10,284 shares.

Insider Trade Summary

Grant/Award: 806 shares

Grant/Award 1 txn

Insider WOJTOWICZ JEAN L

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	806	$38.73	$31K

Holdings After Transaction: Common Stock — 65,518.866 shares (Direct)

Footnotes (1)

F1. Includes Restricted Stock Awards totaling 10,284 shares

Key Figures

Stock grant size: 806 shares Grant price: $38.73 per share Total direct holdings: 65,518.866 shares +1 more

4 metrics

Stock grant size 806 shares Equity award on March 31, 2026

Grant price $38.73 per share Value used for the 806-share award

Total direct holdings 65,518.866 shares Shares directly owned after the grant

Restricted Stock Awards 10,284 shares Included within total direct holdings

Key Terms

Restricted Stock Awards, Common Stock, Grant, award, or other acquisition

3 terms

Restricted Stock Awards financial

"Includes Restricted Stock Awards totaling 10,284 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 reported as Common Stock in the Form 4"

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 A described as Grant, award, or other acquisition"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did FRME director Jean L. Wojtowicz report?

Director Jean L. Wojtowicz reported receiving a grant of 806 shares of FIRST MERCHANTS CORP Common Stock. The transaction occurred on March 31, 2026, and is classified as a grant, award, or other acquisition rather than an open-market purchase or sale.

How many FIRST MERCHANTS CORP shares does Jean L. Wojtowicz hold after this transaction?

After the grant, Jean L. Wojtowicz directly holds 65,518.866 shares of FIRST MERCHANTS CORP Common Stock. This total includes all directly owned shares reported on the Form 4, combining previously held shares with the newly awarded 806-share grant.

How many Restricted Stock Awards does the FRME director have following the grant?

The Form 4 footnote states that the director’s holdings include Restricted Stock Awards totaling 10,284 shares. These Restricted Stock Awards are part of the overall 65,518.866 shares that Jean L. Wojtowicz directly owns after the reported equity grant.

Is the March 31, 2026 FRME Form 4 an open-market trade or a stock award?

The March 31, 2026 Form 4 reflects a stock award, not an open-market trade. The transaction code is “A” and is described as a grant, award, or other acquisition of 806 Common Stock shares by director Jean L. Wojtowicz.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 04/02/2026 - 05:56 PM EDT

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^*

WOJTOWICZ JEAN L

(Last)

(First)

(Middle)

200 E JACKSON STREET

(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
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	03/31/2026		A		806	A	$38.73	65,518.866⁽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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Includes Restricted Stock Awards totaling 10,284 shares

Remarks:

	Paul Cento (Confirming Statement on File)	04/02/2026
	** 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)

Source: View Original Filing on SEC EDGAR